COMMERCIAL.

Otago Daily Times, Issue 7557, 7 May 1886, Page 2

COMMERCIAL.

; ' v.; V. Dally Times Omce, Thursday evening. The amount of c.'tomp revenue received td-daj

on goodi oleared for consumption was £1263 3s 2d,

'-■-' i; Our Lawrence correspondent reports: — " The "■■■■'. • Flour Mill Company, which started some months .ago under very favourable circumstances, will shortly '•■■ be a thing of the past. Mr J. Thompson, at his : auction room on Wednesday, offered the mill and site for sale. There-was a large attendance,! and bidding was started by Mr Fraser at £600. The whole lot was knocked down to Mr Christie {the ";;■:.. - miller) for £1000, which is considered^ greatjbargain. I .The company will lose something like £1500 before it is woundup," "'''.•.•■'.'. .'■■, . ■'■■:■■' - .'. Messrs Fleming and Hedley have sold Mr J. Turn- ■■■;■■'■■■■ bull's Totara farm (privately) at £15 10s per acre.. The farm contains .124 acres, and last week was ■_■ withdrawn at auction when it had reached £15 2s North Otago Times., '

THE LONDON WHEAT MARKET.

The London correspondent of the Melbourne Argus reports, under date March 19:—" In the absence of freßh supplies of Australian wheat, this description has also slightly improved in price; but at the enhanced figures of 36s 9d to 37s per 4961b (ex store) millers only cover their immediate wants. InparceU c.f. and i. there appears to be no business doing to London, sellers' ideas being 365, which premium buyers are. unwilling to pay. In cargoes to arrive there is nothing passing, and we are without supply of this quality off coast. The reduced quantity of New Zealand on the spot keeps this description of colonial very firm, and prices are now 34s to 35s for long-berried, and 32s 6d to 34s 6d for short-berried (ex store)." :

MINING.

Mr T.Grose has received a.telegram giving the returns from the United Alpine Company as 6660z of retorted gold from 774 tons stone. A dividend of Is has been declared.; ' ;; . '