COMMERCIAL.

Otago Daily Times, Issue 10495, 19 October 1895, Page 4

COMMERCIAL.

Daily Times Office, Friday evesing.

The amount of enstoma revenue recslved to-day *n goods cleared for consumption was £BSl2s7d. Messrs Dalgety and Company have received the following cablegram from their bead office, dated London, 17th October:—" Brisk demand for batter; prime factory telling at 120s per cwt." The directors of the Mutual Agency Company of New Zealand (Limited) have declared a dividend at the rate of 6 per cent, per annual for the year ended 30th September, also a bonus of 10 per cent, on the commission earned by shareholders. '.

A South Australian wheat cargo ex barque Primus was sold in London at 25s 3d.

The publication by the Oamaru Mail of a paragraph stating that potatoes had been sold as high as £3 per ton led to numerous inquiries from those desirous of disposing of tubers at that price, when it was discovered that the information was incorrect.

MEETING OP Cr'eDITORS. An adjourned meeting in the estate of Charles Braid, tobacconist, was held yesterday afternoon at the office of the assignee. The assignee stated that the assets bad been reateed, with the result that the. total amount to be divided among the unsecured creditors would be about £10, which , would pay a little over Is in the pound; Several . ■unexpected claims had been made, and the assets did not realise what was expected. The amount • paid by bankrupt in interest was vary heavy—in one case amounting to 90 per cent, per annum on a small loan, and in another case to 110 per cent. per arnram. After an irregular discussion the meeting closed without any resolution being carried.

MARKET RKPORT. Messrs Tothill, Watson, and Co. report for the week ending 17th October as follows :— . Wheat.—There is no change in the market, and nothing offering locally. Oats;— The market has been extremely sluggish lately, and intercolonial trade almost stagnant, . but today there is a better feeling in the market in consequence of an improved tendency in • Sydney in all produce lines. In Yictotia, the , stocks of stout oats, which have to a large extent been supplanting our oats in the Western Australian trade, are now within very moderate compass, and priee3 for these have advanced. The competition from Tasmania is also decreasing . rapidly, and we think New Zealand should lie able to secure the bulk of the intercolonial trade .' from now up to the end of the year. We quote:; Best milling. Is 6d to Is KJd: prime bright feed, - Is 6d; ordinary. Is 5d to Is Sid (on rail at wayside i stations ; bags, <ld extra). Properties.—On behalf of Sir W. D. Basstian, we sold his farm of 324 acre 3 near Mossburn with . stock and plant, to Mr.Thomas Dysarfc. • Also (on ■ behalf of the liquidator of the British and New Zealand Mortei»«e and Agency Co.) sections 16 and, 17, block XI, Wyndham (539 acres); sections 13 and 14 block XLIV, Cromwell; section 10 I - block IV, Newcastle; part of section 11, block I Invercargill Hundred <27 acres): allotment 50 . Heddon Bueh township; and a farm of 160 acres near Longbush (on account of Mrs Milne) to Mr <; Peter Milne. . ■■'..■, ; Stock.—At the Invercargill yards on Tuesday t • theie was an unusually heavy entry, and a dragging gale in consequence, feed is silll scarce! this ■ spring being the most backward we have experi- • enced for some years. • . , -Pat cattle were in over-snpply, and a collapse was only saved by the interposition of graziers. ; . This market/is a limited one for beef, »nd consequently liable to market'fluctuations. Beat bal. '- ■ fefe cold at up to ~'°: &ood- & t0 £s Mi; cows, £6 103 to £7 10s. Store rattle were also in over : supply, and dragged heavily, the lateness of the spring affecting this line more than any other. . : Tat Sheep.—A considerable entry, but only a small percentage prime. Best wethers touched 16s 9d; medium, 12s 6d to 13a 6d; fat ewes, up to Iss; medium, 12s. «,.■■. _ Store »heep were in weak demand. .Hoggets • touched 12s 4d for an extra lot; others ranged from 7s 6d to 10«. , . > ; Skins, fat, to.—Our catalogues are increasing • in bulk, as grazures are wisely getting lid of their sheepskins bate* fcilmongers become busy with v wool. Prices tdtwe an improving tendency;