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COMMERCIAL.

Daily Times 0 flics, Saturday evening, Ibe amount ol Customs Revenue received to-day on goods entered for consumption was as follows i— 7 & b. d. s■ . Brian"* ', '.68 8 0 Tea .. .. 120 8 4 Whisky .I .. 20 18 10 S'lgnr.. .. WW 3 Wta» .. „ ol II 8 ->...-i<lrl-..t .. 205 i i To^awv;. .. o*l 6 ° iyj\ .. -. •• £«32 5 0 •With tho exception of .veatoi*:' ay aud to-day, when s;io-i»Uauß.js brought a-iou*. a great rah of work, the past week has beo-i pr.tctiyj.ily a ciosa one as far as business Is concerned. We hive several t raes i.i our late r.-rorts referred to tho swill umount o! bu hies" that waa being done in teas aud sugars, in consequence of the trade's desire to reduce their stocks as far as po-siblo before the c-ncessit.n iv duties came Into operation That stocks had been lUii djwn vory low, the large amount paid > o terday ana to-day for duty on to-i and tugr-r very plainly Bt.owed; .tho quantitles cleared during these two days bom* tqual to 1600 half-chests of tea and 200 tons of euyar. As clearance of these articles will pwbabiy continue heavy for a day or two, though on a descending scale, stouas io importers' hinds will be much reduced, and may have the effect of bringing about au improvomotjt in ptico3, whi h for some time past have been ruling very low. 'Jhere ia nothing now to rejort in gwieral business, but an increased demand f..r goods id looked lor now that tho Christmas m.tl Now Yew holidays are over. The arrivals du.iug the week comprise the Norval and Wanganui, both irom London. Mr J. 8. Brabshaw report* as follows for the week ending Saturday, 4th inst, viz. :— Colonial Bank of New Zealand shares, £210s; National Bank of New Zealand shares, £3 10a; National Insurance Oo shares, £1 6s ; Union Insurance Co Bhares, 13a; standard Insurance Co shares, 10j ; Sou'h British Insurauce Co snares, £3 6s ; Colonial lusurance Co shares, 4s; New Zealand bhlppinjf Co B'nar «, £4 6s ; Union Steam Shipping Co shares, £8 6s; V> aHi.u Park Coal "Jo shares, lSs 6d ; National Mort§nga and Agency Co Bhares, £1; Scottish and New eala.idlnvestment Coßhaes, 18a. Money uecured on freehold property, 9 per cent, per annum. WuitsliAW and Co. report sales of shares during tho past week, as follows :- Insurance.—National, 28s Od; New Zealand, SOai South British, 655; standard, 18s 6d; Union, 14s, 18a 6dj Colonial, 33 Od. lianas — Colonial, 60s ; Bank of New Zealand, £23; National, 775; Union Bank of Australia, £60. Other Compameß—Mount Ida Pastoral Investment, .£1) 15s; New Zealand shipping Co., 85a; Union Steamship Co., £8 6s; Walton fark Coal, 16j; National Mortgage and Agency Co., Limited, 24s J Mosgiel Woollen Factory company, 635; Kaitangata Hallway and Coal, £3. J. A. MACBSKZiii reportß for week ended 4th Janu. »ry, as follows ! •- Sales:—National Bank of Ncv Zealand (Li.), £3 17s; Colonial Bank of A'ew Zealand, £2 10s : national Insurance Co, £1 6j ; Standard Inumance Co, 10i; Union Insurance Co, lis; Mcsgiel Woollen Factory Co, £3 Hi ; New Zsaland Shipping Co £4 63 ; Cromwell Quartz-raining 00, £2 lus ; Union Qii.rtz-tniiiing Co, Keelton, Bs. , . COiIHBRCIAti TKLEGIUMS. [BY SI'BCIAI. Wibb I AUCKI/AND, January 4th. Wh-ot ls quoted at 4s Cd tor prime qualities, tielivertdi at ihe i,e.'ru«t rallw.y station. Tne mar Lot. is at the present tl'u.e qllltO t'lutted With wli.-at and flour. Now that, duty O- foreign wheat nnd fbur has boon taken oil, a corres-poiwii'g reduction h,-.n b^en mtido by local millers ou »>„■ lluu.-, which ii now Quoted V. £13 ior ion. The fir*', of tho crop isox-p.-cifcd to arrive at tho m lid 0.. Tuesday or Wc'lno-day Uitt- Oats rather cv ior in prica, ImUlew r-skn.g 4s Ud per hut-liirl siaizo liv.'di "« own fur '."th Inc.. and Fiji in c iminav.Qing li'.es. PoUt.ooz, gradually reedingiu v.iluj ai «« tor. advances, fr.-.m £0 10s to £7 par ton. Kauri gum „:aii.u<s-i to m .ii.tain a v-.ry fair attitude ; the rect-ii-tn durin.'. the m-jiiih i.avo tint been 3.) tflfbatas was auticip -.tod, lunco there is nU'ongdiifposltku of buyoM t) op-Jiavj, u»t.eci:iily in p«ceU of good qu.l ty. T.)',alre.~«ipwl.)e-Jemb.>r wor.i'_6 t-iir,; jcuelpts to: tlie (.a:-t year li;vm bs.jii ja get ;l.a-i in 18.7 ; iho totaiqaautiiy received iv Auckland beta*- 33*) toou ftg*'.ibt3l36tnrnforlß7T. 1 hovalue of tbe article during the.yenr just closed htu btoa on a. nvir Ko £30 Jor ordinary, and i 37 for finest. It is cstimited tbat the average iiiorcaso.l valuo is, situ th.t of 1878, from &i On £0 per ton upvu or.liaary, aud from £8 :o _tO up.;ii boat foils. Viiii/LisorON, Jinuary 4th. Tho Customs rnonue rotuim „r the Uuuetnber ■-.n'.rtr.-r aro not jet computed. '.').« total, f.jr tha Jour | ri.icipul port-., which r.epr_ent fully threefou> tha of the who!o Colony, ure as follow-;:—Duntdm, £81,803; Lyttelton, £6fi 2-10 ; Auckland. £53,710 ; Wellington, &48,i65. Tnis biings the totals for the year lor the.-o porta to th*j following fijiuros, as against tho totals for ihe vtar IM7: - Dunedin: 187S, £371,870; 1877, £352,2-23 -increase,£l9 653. Lyttelton: 1878,£240.363; 1877, £200,857—iiicr.i.-5... £39,506. Aucklind: 1878, £224 957 ; 1877, £'.06,232 -increase, £28,705. Wellington* 1878, £201,100; 1877, £1761)30 -increase, £24,161. 'iotals: 1878, £1,038,320; 1877, £920,251— increase, £112,075. Ciiiu-.tcik'RCH, January 4th. Tin weather ia f.vourable lor cropj. Th« wheat eroii wi.i avorngo ...rttor tliar. »..tici.3ated, but. wii-.bo &•>• sidurably unilor Hiatnf a-tt u-asou •■ he increased acr* Rd, however, will give an available sur|..|ii3 locXi) -.'(. a -out. .q-.al V. tha-. ot' last je-ir Old 81-Ci.B o( wn-.i a.-« wyrk-..g ...ff :i*iei aro m-ule at irom 4i <i 4 . 3.1 ; tl .ur, £9 iO. to £10 lea ; feed ".ta 4s ; har.cy, i I ; hrum ...-. u.i-.;ou, cloth, BJ-d ; butter, 91 to lOd ; cease. 7.d. iNVKitCAKBitib, January 4tb. The Cu-tjms ret. rns f-.r .bo .uaru-i quarter of 1878 were £10,421; for the June quarter, £10 393; tor H.iptamoer quarter, £11,uo; »nd for th« quarter ending December, £12.410 -making a total for the year.wfth shillings a.d yence added, ol £4-1393 2s ld. The u>t~.i revenue (or tho jear 1877 amountpd. to £33,035 US ii,

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https://paperspast.natlib.govt.nz/newspapers/ODT18790106.2.4

Bibliographic details

Otago Daily Times, Issue 5267, 6 January 1879, Page 2

Word Count
998

COMMERCIAL. Otago Daily Times, Issue 5267, 6 January 1879, Page 2

COMMERCIAL. Otago Daily Times, Issue 5267, 6 January 1879, Page 2

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