COMMERCIAL.

Otago Daily Times, Issue 8756, 19 March 1890, Page 2

COMMERCIAL.

Daily Timoa Office, Tuesday ovonln The amouut of customs revenue collected to'oll goods cleared for consumption was £938 11s ./primage, £!« 10s 2d ;—total, £1037 Is 6d. Messrs aoldfibroußh, Mart, and Co., in tl circular of Ist March, refer as follows to the p pects of tho wool market:—"The promising ( look for the forthcoming;year ia somewhat clou at the oiuset by tho recol'lectlort Hint the tonde «.t tha ek.so i>f that now surveyed h«3 beoii Avcalu'iiiu.n prices. Tha causes of this decline pear, howovcr. rather enperficlal 'and tsYnpoi than connected with tho great basis of the marki itlie onndition of trade. Manufacturers were. SJovomlier and December lint, barer of stocks t !:for some years past, and For a short period pr were extravagantly wiunnced. With' ■ iuoreai supplies a reaotlnn onsnei, which also appei ■ex'! ssive.as-the latent indications are of hardei 3>rices. Trudo reports are unanimously favours vtouks lißht, mnchiueryfullv employed, consu 'ilon'larKv, and, tor Iho reasons wo have onumera ■with » tendency to increase. The other princ factor of the market-supply—ia also favouralx moderate AiHtralaslaa increase boiiiKMprom nunlnst a serious dollcit from tho Ulver Plate. Ui these conditions we tfiink there Is a reasonable v pect that present allies wilt bo about mslntal ■.'Jurhig; tbo ciur^u^ year." ■ »