COMMERCIAL.

Otago Daily Times, Issue 11197, 20 August 1898, Page 1

COMMERCIAL.

Daily Times Office, Friday evening, j The amount of revenue received at the custom ' house to-day on goods cleared for consumption was £7ii 4s Id. .'■',: The following statement, Has been filed in the estate of Fred. Trent, merchant;- Christchurcj, trading imder the name of Trent Bros. bilities—Unsecured creditors £11,037 10s Id, secured creditors £5327 19s 7d;'estimated value of securities £4631 19s 2d; deflcieticy £696 0s sd; total debts, £11,733 10s 6d. Assets—Stock-in-trade at store and in bond £3400, book debts £1675, estimated to produce £1425; -cash in hand and interest account Bank of NewZea- >. and £431 7s 2d, bills receivable to mature £266 * 18s 2d, plant £400, furniture in excess of £25, £475; total assets, £6398 5s 4d; deficiency in estate, £5335 53 2d.—Secured creditor—Bank of New Zealand, Christchurch, £5327 19s 7d; estimated value of security,1 £4631 19s 2d. Real estate—Part of town sections Nos. 260 and ; 262, Durham and Worcester .'streets, 99 x 97, ■ Christchurch; amount of deist, £1550, subject ' to an annuity of £120 per annum in favour of Alfred Trent, also subject to memorandum of mortgage to the Bank of New Zealand. ■ _ ■ ■ SYDNEY POTATO MARKET. ] SYDNEY; August 19, • Potatoes are scarce, and the market is strong. New Zealand prime, £7 10s to £7 15s. Some holders decline to quote, and a further rise i 3 imminent. Onions are very scarce, £17 being offered and refused for a consignment by the Talune.' ■SOUTHLAND GRAIN MAEJCET. INVEROARG-ILL,. August 19. . Oats.—There is a decided improvement in the market, merchants realising that the stocks in Southland are not Jikely to be. more than sufficient to meet ths demand for the remainder of the season1. These are estimated to amount to 218,000 sacks, which is below the average held on previous seasons. To the North Island in the- year ending 31st March over 155,000 sack 3 were shipped, and since that date over 80,000 have gone north. Canterbury usually exports oats tp the north, but thi3 year it is estimated that 150,000 sacks have already been sent froiri the Gore district to supply Canterbury war-:'s. There has been an immense falling off in the requirements of Australia. Last year 275,000 sacks went from the Bluff. This year to the end of July only 20,000 were sent. It if calculated that no fall will take place in values, while a reasonable advance on late prices is probable. Present quotations are 2s 2d to 2s 5d (f.0.b., sacks in), according to grade. Barley is in good demand, al3o ryegrass seed of 271b to 30lb per bushel. CLUTHA STOCK SALES. Dalgety and Co. (Limited) report having held their fortnightly sale at Balclutha on Friday, 19th inst. There was a large attendance of farmers, !■» considerable number of whom had come prepared to do business, and as the class of sheep offered were the best seen in the yards for some time, no difficulty was experienced zn placing every lot at auction. The descriptions most in demand were forward - conditioned wethers and well-grown hoggets off turnips, the former making up to 13s, and the latter 8s 3d. The yarding of cattle was a small one, comprising forward steers and heifers off turnips and dairy cows. The former met with a good sale at up to £5 12d 6d, but the latter were almost unsaleable. Our sales amounted to 1494 sheej; and 10 cattle for the following vendors-—Mi J. P. Shaw (Finnegand), 44 two-tooth Romnej Withers 14s Bd, 18 do ewes 13s 3d; Mr ID M'Addio (Balclutha), 26 wethers and ewes ai 14s 2d to 14s 3d; Messrs Leonard and M'Kenzi(Hillend), 340 wether 3at 13s; Mr T. Soper (Ti Houka), 64 wethers 13s; a client, 62 wether; and ewes 13s 4d; executors late W. Moffat's estate, 320 two-tooth wethers ]2s sd, 37, ewes 9." Gd; Mr J. B. M'Neill (j'-'clutha), 59 wether; and ewes 10s 3d to 8s; M; •■'/. Smaill (Su'mmei . Hill), 386 hogget? 8s 9d; Air K. Wilson (Hill end), 72 do 7s lid; Mi John Fleming (Kai