COMMERCIAL.

Otago Daily Times, Issue 11047, 26 February 1898, Page 1

COMMERCIAL.

■■■'■; ■ Daily Times Office, Friday evening. The amount of revenue received at the custom house to-day on goeds clewed 'for consumption was £1070 1d5....... ; . . '•■ jThVmeeting of shareholders of the-Phcenix 'Company^Limited) was held at the company's office m Maclau-ftan street, on Thursday afternoon, •Jtth-insV A dividend rforstae:"half year at the rate _nf 'o per cent. ' per annum Was declared i -absorbing £226 10s, ana £1502 0s 2d was carried i /forward to;aext.half year. v-u'Vi' .'^""v-,-•^■'At,a; meetingiof the CRnterbury Chamber of Commercerpn; Wedneaday, night, I the president ■fit* , ■ K°Per) .quoted some interesting figures. Ine^wool exports from the colony for the six months ending 31st December, 1896, and for the six months^nded. 31stvDecember. 1897, were as follow :-r-189b .122,596 bales ; 1897, , 131,888-in-prease,9292 / bales. The tallow exports were •- -1596, 3037 tons; 1897, -i953-i DC re a se, 19lTtoA» pnfl^t l?\ iD^ the Co<&? y for the six months qndiDg 31st December, 5898, were as follow •— °fW 4l'm^%; l°¥ *m --for same Ziod of 1897, offered 55.731 bales, sold 40,390. Comparinr the two years of 1896 and 1897, the results of the exports of frozen meat from /New Zealand we're TWWnfer*"' 1896-. 122,587,-Blßlb ; for Ig9r! qndOTM??i\?r an ™™™° oa the year ot 30,982,9911b, being equal to 25 per cent.

THE FROZEN STKAT atat?k-t?t

-~ „ , ' ' Napier, February 25. Messrs Nelson ; Bros. (Limited) have to-day received the following cablegram from the Colonial Consignment and Distributing Company:— Frozen Meat Market: To-day's quotations—Best Canterbury mutton, 3Jd ; do Dunedin and Southland, ZH ; Napier and North Island,

INVERCARGILL.GRAIN MARKET.

n + -xt 7 , Ij*vsncAßGlLL. February 25. - O^ts-— Values have fallen from to Id per oushel, and only limited business is being done Ai £ m- 18 81nall > and moderate supplies are still ofteriug from the country. Quotations: Prime feed, : 2s to 2s OJd ; ordinary, Is iljd (f.0.b., sacks Ryegrass.—A considerable quantity is offering, and last week s quotations remain unchanged.

PROPERTY SALE.

We are informed that Mr W. M'Connochie, of St. Bathans, has purchased-Mr S. J. Mercer's property at St. Kilda, opposite the racecourse, at a satisfactory price. ■ - , •

EXPORT OF STUD' STOCK TO SOUTH AMERICA. . . ■ "

I xne onaw, bavin, and Albion Shipping Comj pacy s fine cargo steamer Pakeha. wh(ch lrft Port | Chalmers direct for London, via Monte Video on Thursday, earned with her the pioneer shipment of stud cattle from this colony, besides a number of very high-clas? longwool stud sheep, also for the Argentine The cattle comprised,four exceptionally well-bred yearling bulls from Mr John Dean s Riccarton herd of shorthorn cattle, and two very fashionably-bred and handsome young Hereford bulls the one a yearling and the othe? a three-year-old from the well-known Waimahaka stud of Mr James Holmes. These cattle will come into competition with the best bulls that can be purchased in Britain. It goes without saying therefore, that this shipment will be keenly criticised, and if, as is confidently antics pated, our New Zealand-bred animals compare fr*om Urt ahJ y lT lth l\ e much higber-priced bulls from the old country, there will be a market cheated for our breeders ; and none too soon for it must regretfully be admitted that of late years the breeding of stud cattle has TWt,^ , ruit>ou? bunness in- this colony. The stud sheep shipped by the Pakeha consisted ?L+ iv£ rams and ewes from the nock of that well-known breeder of Lincolns, Mr Henry Overton, of Kirwee, Canterbury, and they were iZ^M %6T loV howin S in a remarkable II breed Th/ hi' 6 chßr £ acteriatics of this famous "• The balance of the sheep were of the i<omney Marsh breed, and consisted of 10 fc'X 1* and 10 maiden ewe., from the flock of Mr James Holmes, of Waimahaka. Both Holmess latest importeo ram from Kent. Engm^r nf V H° } B} 0P ed that thU important shipment of stud stock from New Zealand will reach irtrff h"? ° V a safety' give a S°od account °f iSnk' ??f. 1 . precuJsor of many more. The stock, it is almost superfluous to add, is all regisTsnnk~ a nflh^ eca uSBi? the "NeWZealand Stud Book, and in the other in the Stock Book

DTJNEDIN STOQK EXCHANGB.

Quotations-Friday, 25th February. Members: Barr, Peter (Batr, Leary. S. C. (Barr, Leary, and Co.) Leary, and Co.) Bartleman, A. Logan; John Beeni-, Septimus E. Moodtp Tuna <v*r Chalmer. Thos. (Brod- pS Trustees »?"" rick & Ohaiuier) • Ponsonby, John C. V, 06AI<' ■*'•■*••-. and Smith) IENWICKAG. REEVBS, HAIIMArt box, Chas. J. & g ODS \ G^? E' H°w Vlr. Secretary Scott, J.R. H m™iv ?h' -, SIDEV- Arthur M. (A. H*Miril^^ ND (Hamil. M. Sidev and Co.) Hp«v^woW) Sievwright, Neville Watson, W. J.

8 T *: ird. National ... . t< 2 5 8 New South Wales '" 33 15 0 Union ef Australia, Ltd 27 0 0 Insbivance: National ... fl lfi n Nrr 1 V " ••• w JO " ew Zealand ... .. t 37 f; South British ... "| 2 9 6 Standard (cum d'iv.'j '" 0 V> G Shipping : New Zealand Shipping ..400 Union Steam 9 3 0 To. £ s. d. 2 6 6 34 5 0 27 10 0 0 10 6 3 10 0 2 10 (! 0 13 0 4 5 0 9 10 0

i From To £ s. d. £ a. di Coal: Kaitangata (old) 24 0 0 26 0 0 Do (new) 2 9 0 2 11 0 Westport 2 15 3 216 3 Loan and Agency : I Commercial Property Co. ; (10s) 0 4 9 0 5 6 i National Mortgage (cum. i div.) ... ... ..' 0 10 9 0 11 3 ] Perpetual Trustees ... 0 18 6 6 11 0 i Trustees and Executors 1 11 0 1 13 0 : Miscellaneous : i Colonial Sugar Refining j Co. (£20) 28 10 0 29 0 0 Kaiapoi Woollen Co..... tj 0 0 6 5 0 Milburn Lime and Cement 1 7 6 18 6 Do (new issue) ... 0 2 9 0 3 3 \ [pvemium Moruington Tramway ... 0 15 6 0 16 0 Mesgiel Woollen 4 6 0 4 7 0 Now Zealand Drug (£2 paid) ... ... ... 2 7 6 2 S 3 New Zealand Drug (30s „. Paid) 1 15 0 1 16 0 Ota»o Daily Times (cum _ div.) 11 2 6 11 10 0 iurtfa Bay Pvailway ... 0 7 6 0 S 6 New Zealand Asbestos Co. 0 2 0 0 3 0 i [premium ! (..OLDFIELDS: _. REEFTON. Big River Extended ... 8 10 0 0 11 0 Cumberland Extended ... 0 13 8 16 Dillon Bxtended 0 19 0 2 3 Keep-it-Dark ... ... 0 16 0 0 17 0 Alpine Extended 0 5 6 0 6 0 Welcome Co. (Ltd.) ... 0 3 0 0 3 3 Croesus (Paparoa) ... 0 10 0 0 11 0 _ AUCKLAND. BunkersHill 0 10 6 14 Grown 0 19. 0 10 0 lahsman .... 0 11 6 0 12 0 Wavtekaiiri '... 1 19 0 2 10 Waihi Silverton 0 7 6 0 10 0 ' Woodstock... ... ... 14 0 15 0 OTAGO. Alpha (vendors) 0 14 6 0 15 6 Morning Stav (A issue) ... 0 16 0 0 16 6 Ophir Deep Lead 0 15 0 0 15 6 AUSTRALIAN AND TASMANIAN. Great Southern Mount I Lyell ... ... ... 0 1 10 0 2 2 Hercules ... 17 0' ISO Barlen Hercules 9 0 9 0 10 Crown Lyell (contrib.) ... 10 0 10 6 South Hercules 0 2 3 0 2 9 Mount Lyell Extended... .12 6 15 0 Mount Lyell 14 2 0 14 6 0 North Mount Lyell ... 7 0 0 7 5 0 Lyell Tharsis (new issue) 18 6 1 10 0 Prince Lyell (paid) ... 0 4 0 0 4 6 Mount Black ... ... 0 7 6 0 7 9 Silver Queen ... ... 0 4 3 0 4 9 Lake George Mines ... 1 12 0 1 14 0 . Oonah(paid) 8 8 6 0 9 0 Do (contributing) ... 0 8 0 0 8 6 Australian Tin 0. 3 0 0 4-0 Girilambone 0 IS 0 1 0 0 Mount Lyell Consols ... 8 12 0 0 15 0 •Dredging Companies : Buller 0 5 0 0 6 0 Oydo ... 2 11 0 2 13 0 Enterprise 2 11 0 2 13 0 Golden Beach (par) ... — — Golden Gate .:. ... 18 6 19 6 Golden Run 10 0 110 Golden Treasure 2 19 6 3 10 I Golden Terrace 0 16 0 2 6. _ .,'... ' . [premium Jutlaud Flat (paid) ... 6 7 6 0 8 0 Lion Rock... • .... ... 1 3 9 14 3 Molyneux Hydraulic Co. Dredge (B issue) ... 15 0 17 0 Nevis... 0 18 U 1 0 0 Otago, ... ... ... 1 10 0 1 15 0 Upper Waipori (contrib.) 0 1 6 0 1 9 Sluicing Companies : Moonlight Sluicing (contrib.) ... ... ... 116 0 119 8 Roxburgh Amalgamated (contrib.) ...... 0 6 8 0 6 9 iDeep Stream 10 0 110 Bakery Flat ... ... 0 13 0 0 15 0