COMMERCIAL.

New Zealand Times, Volume XLI, Issue 6956, 7 September 1883, Page 2

COMMERCIAL.

New Zealand Tim eh OHice, Friday morning. The business of the month has been somewhat dull, and prices generally remain depressed t > a level that leaves no prolit to the importer. Although there is considerable depression in some pirts of New Zealand, we are ploiscd to report that trade is sound, and that no failures of any Importance have occurred. Financial engagements have been well provided for. No alteration has occurred in the Hank rate ; ami money fi)T loan on first-class securities is firm at per cent, for large amounts, and 8 per cent, for era ill sums. Ale and Stout—Demand lias continued good for the favorite brands, and prices arc without alteration ; we quote for t-io former, Ils 3d to Us 9d for Bass’ by best bottlers : for outside brands there Is not much inquiry. Stout—Guinness’, bottled by Burke, Griffon, and Daukes sells freely at 11s Gd to lls 9d for quarts. Brandy—Ucnnessy’s 1 Star is la fair supply, and quoted at 37s to 37s Cd ; Martell'a has some inquiry : a moderate business is reported in Jess popular brands, from 18s to 30s: in bulk brandy there is very little doing; CVP is quoted at 7s Gd; Bisqult Du Bouuhe," 7s Gd to 7s !M ; Denis Mounie, 10s Gd ; Lucion Ballots, 7a 01 to 7s 9d.. There lias been very little (lone in bulk whiskey ; Thom and Cameron's is worth 4s 3d : Kilmarnock (to arrive), 8s GI for quarters and 0s for octaves; Teacher’s SBH, 0s; Burke’s Irish and Scotch, Ss Gd. Stocks of JDKZ Geneva are Very low, and (four-gallon contents) quoted at ICs to IGs Cd ; Burnett’s Old Tom (small Contents), 12s to 12s 6d ; full contents are of slow ualeat Ils 91; Booth’s is worth 15s to 16s. Rum— Bed Hart case has good inquiry at 25s * Golden Fleece, 22s Gd to 23s ; Lemon, Hart, and Go’s 10 p.p. is quoted at 3s 9d to 4s ; 30 o £., 4s Gd to 4s Od, Wine—The demand has been of the usual limited character. Candles—Da Roubaix Jenar are scarce, and the advanced price lias been fully maintained ; Price's Belmonts are out of stock ; Nationals are quoted at 10id ; ParafUnc, Is : London -Sperms, 9*l ; Southern Cross (Dunedin), B*d ; Kitchen’s Wellington candles arc inquired for, an! we quote Petroleums, BJd ; Stars, SJd. Currants arc firm at 6£d for c-isk or c*se. Messrs N. F. Robarts and Co, of London, in their Trade Review for July, report as follows “ Currants. —These have been in fair demand from the colonies for this season of the year, but dealers have been stocktaking, and there has not been much disposition to do business, except on rather reduced prices. Barrels are scarce, and we shall have to await tho new season before any extensive transaction can take place Stocks are about 1500 tons less than last year." Jiicme raisins are firm at7d; sultanas, 7id to 7id; muscatcU are in good supply, and quoted at Is 3d to Is 4d ; dried apples are scarce ; figs sell slowly at 10s to 10s Gd per dozen, for lib boxes, but, as usual at this season of the year, not in very good condition ; Barcelona nuts, Jordan almonds, 2s 7d to 2s Bd. Fish—Salmon is in good supply, and wo quote, for Hopgood's. Cutting, or Hume s, 8s 91 to 9s. for other brands little or no demand ; lobsters, in moderate demand at 7s Od to 8j 9d. according to brand; sardinoi (halves). Ils, quarters, 6s ; oysters are very dull of sale at 0s 9d ; fresh herrings, Gs 3d to Os Gd ; kippered herrings, 10s Gd to lls ; rod herrings, 32s Gd; ling has no inquiry. Salt— London coarse is in supply at 75s to 77s GJ, and 82s Gd to 85s for lino. Stocks of oilmen's stores are rather heavy, and the usual trade demand is reported. Swiss milk is scarce, and commands 8s 9d to 9s. Van Ilouten’s cocoa is quoted at 4s 2d to 4s 3d ; Fry’s Homoeopathic, Is 4}d to Is sd; Caracis’, Is 7d ; Lpp’s, Is Cd to Is 7d. Sugar is quoted at L4l. L 37, ami L 33. for Sydney rellned 1.W., 1.C., and C., respectively: Mauritius sells slowly, and stocks are smiil. Kerosene is in good supply, and is worth Is 7d per gallon for 130 test; oil of 150 tost is out of stock, and we hoar of a large parcel being sold, to arrive, at Is 41, in bond. Galvanised corrugated iron has had some attention, and quoted L 22 10s, with the usual advance for 20 gauge : 24 guage is in light supply. Fencing wire is dull and rather easier : from stock, wo quote r No. 0, Ll 3; No. 7, LIS 10s; and No. 8.145; galvanised barb who is quoted at LSO .and L5210s per ton. Sheet lead is slow of sale at LlB 10s to Ll 9; stocks are still heavy, Sheet zinc is well stocked, and quoted at L2sto L 25 10s. Wire nails are still in heavy supply, accl LlB per ton for assorted parcels Is asked for. In other lines, fair trade lots have been moving during the month. Colonial produce—Flour is quoted at LlO 15s to LU 5s ; oats, 2s 2d to 2s 5d ; milling, 2s Gd to 2s 7d ; fowls’ wheat, 3s to 3s 3(1; maize, 3s 3d to 3a Gd; pollard. Lsto L 5 10s; bran, L 4 ; prime salt butter, Gd ; potatoes, L 3 to L 3 5s ; bacon, 8d to Bid ; hams, 9d to 10J.

STOCKS, SHARES, &c. Gth September, 1883.

The Share Market has been quiet during the past month, and quotations remain about the same as at our previous report (10th ultimo). Messrs Charles Pownall and Co, scriveners, report the value of money unaltered during the piecoding month, the rate of interest still ruling from 7£ to 8 per cent, on broad acres. A few sums of average amount have been placed at the latter quotation, but otherwise the applications continue to be limited, and the supply of c ipital offering for mortgage investment is adequate to meet the demand. Australian rates are fully upheld, but last advices front London show the market rate there has had a decided fall, viz., from 3J to 3| per cent., which may have a tendency to shortly reduce our quotations.

Companies. Quotations. <a 2 ft .S ® ft o * a § This month. Last month. '5"5 I s - 151 banks. Bank of NowZoa- £ s. d. £ s. d. £ .e s. a. land £10 22 12 6 22 10 0 15 0 12 7 N.Z Colonial Bank of 70s. 3 13 0 3 13 6 7 0 14 3 N.Z, .. insurance 2 5 0 2 5 0 7 6 4 0 New Zealand .. £2 3 15 0 3 15 0 15 3 0 0 National of N.Z 10s. 1 5 3 14 9 j-20 7 18 6 Ditto (new issue) lbs. 0 14 6 0 14 0 15s. 0 13 3 0 12 9 7Jr 8 0 10 S. British of N. Z. £2 2 1C 0 2 10 0 124 8 IS 6 Union of N.Z. .. 203. 14 6 14 0 10 8 6 8 Colonial of N.Z. XOs. U 8 8 0 8 3 10 U 10 9 N.Z. Accident .. MISCELLANEOUS. N.Z.L. and M,A. 2s. 0 7 0 0 6 6 25 7 2 10 Co., Ld. National Mortgage & Agency Uo.,Ld. Union Steamship 50s. 5 17 0 6 0 0 15 6 7 8 £1 18 0 16 0 10 7 2 10 Company, Ltd. N. Z. Shipping £10 13 0 0 13 10 0 9 6 18 0 Co. Ld Wellington Gas £5 4 n 0 4 7 8 10 10 19 9 Co., Ld. £10 12 0 C 12 0 ( 13 10 16 8 Do. WellingtonTrust, Loan, and In£3 8 0 0 6 0 0 13 10 16 S vestmt. Co. Ld. Equitable Building and Invest£5 5 10 0 5 10 0 9 8 3 8 ment Co. Wellington and Manawatu Kailway Co. £5 9s. 5 11 0 10 3 5 11 0 0 3 10 9 0 0 Goar Meat Co. .. 35s. 1 14 0 15 0 1-3 12 17 0