COMMERCIAL.

Otago Daily Times, Issue 3364, 16 November 1872, Page 2

COMMERCIAL.

Daily Times Oflice, Friday Evening. Ti.'j amwii.t of (.'uhU'lthj Revenue recoired t '-djiy on yoods filtered for consumption waa a.v foilinve, viz. :— £ b. d. £ s. d. Brandy ... 00 IS 7 Cigars . 41 0 0 Whisky ... 41 0 0 Tea ... 47 15 i) Geneva ... 'JO 10 0 Sugar ...110 G 8 Wine ... 71 10 4 Candles ... 52 1 8 Kerosene... 5 0 0 Drapery... 28 18 9 Tobacco ...14G 12 0 Sundries... 57 14 9 Total £754 9 3

Messrs Morison', Middlkto.n, and Co., San Francisco, report, under date 9th October, UK follows :— The Idaho arrived here on the afternoon of the <ith instant (Sunday), with the Nevada's mails, bearing dates from Sydney and New Zealand, 'Mat August rtnd <>th September respectively. She brought very few colonial passengers, and almost no freight. Since our lust advices business in all departments has been very brisk. In breadstuffs there has been a large trade doing, more especially in wheat tor export, and were it not for the great scarcity of tonnage, it would have been much larger, notwithstanding the [high rates of freights ruling. For the ouartcr ending 30th September, our total export (including Hour) is nearly two and a half million ccntaln, showing a value of nearly 4,000,00» dollar* ; out of that we have shipped to the United Kingdom (iv 78 vessels), nearly 2,1200,000 centals wheat, value about throe and a half million dollars, and up to dnte scarcely a fourth of our harvest has been placed upon the market. Whcitt to-day for choice shipping grades, rules from 1.55d01. to l.OOdoi ; Livcrj>ool market, j)\ir Cable, to-day, 13s 2d. Wool.—Xo material change has taken place since our last advices. Markets both here and in New York are quiet, with very little prospect of much improvement. Within the last week a few parcels have changed hands here at ISe. to 20c. for really choice fall, 14c. to Kic. for medium do, and lie. to 12c. for dirty do. Our stock of spring, about COOO bales, remains! neglected. Freights.—Tho continued deficiency in the supply of tonnage has run up freights to an ttnprecedentcdly high rate, and to-day wheat charters are readily obtainable at from £5 7s 6d to £5 10s for Liverpool, and £» 12a fid to £5 15s for Cork, for orders. The great demand for grain ship.? has caused every available vessel to be pressed into the service, to the detriment of other business, which in a great measure is neglected, and lumber charters are now of rare occurrence. In cases of necessity, rates have to be given very nearly equivalent to wheat charters, as tho number of vessels on the way here, though in excess of IS7O and 1871, in iess than in 1869. When the amount of wheat to be shipped was only about half that of this year, and aa nearly all these vessels are engaged at from £5 to £5 5s for ships now due, to £4 for ships which will not be here before February, there is every reason to beliave that charters will prove remunerative throughout the whole season for grain shipments. Wheat, steady ; choice shipping, Idol. 55c. to Idol. 60c. Barley, firm, Idol. 15e. to Idol. 25c. for choice malting. Oats, quiet, Idol. 00c. to Idol. 75.:. Flour, fair demand —Extra, odol. 25-50e. ; super, 4dol. 05-25.

New York Market Report, per wires, vening, 8/9/72.—Flour, Bdol. 9c. Wheat, Idol. 70c. to Idol. 90c. Cotton, steady, l!)^c. Hides—Salted, 11 ie ; green, l2Ac. ; dry, 22.', c. Oil—Sperm, Idol. 25c. ; whale, 62c. to 12c. Wool, steady—Spring, 35c. to 42.U:., and 2Se. to 32ic. Wool, fair demand —y.%11, 30c. to 32c, and 20c. to 25c. ; pulled, 50c. to 60c. Quicksilver,-134c (iold, 113ic. San Francisco Report. — Legal tender. 80.86; gold bars. 865.570 ; silver bars, l\ discount ; Mexican dollars, 6, 7 ; bank exchange on London, at GO days'sight, 49|d; mercantile paper, at 60 days' sight, 49£ d.