COMMERCIAL.

Otago Daily Times, Issue 13250, 5 April 1905, Page 4

COMMERCIAL.

Daily Times Office. Monday evening Tho amount of revenue collected at the Dunedin Cnsfmn llmipq 10-ditv on • el wired for consumption was £2149 17s 10(1. Wc understand that the quarter-acre in Jlaclaggan street, sold at- auction on Monday, was purchased on behalf of the Piiomix Company (Limited), who intend erecting on tho property a large addition to their premises, rendered necessary liv the expansion of business.

An Auckland telegram states that the Customs fefurns for the quarter ending on March 31 eliow a very .satisfactory improvement. on the corresponding period of last year, there hring an increase in Customs receipts of £91C3. The total general tariff coWscted Vi'rs £170,321, and preferential X 2593, making n totßl of £173,820. The excise duCy amounted to £129. REDUCTION IN THE 1-RICE OF FLOUR. The New Zealand Flourmillers' Association notifies thati the price of flour has bsen reduced 10s per ton, and i" now selling at £9 10s per ton locally, and £9 for shiomei't There has been a ri?e oi 10* in the price of catmae!, which is now quoted at £10 per ton f.o.b. and locally.

CHRISTCHURCH GRAM AND PRODUCE market. (Per United Prf.ss Association.) CHPJSTCHURCH, April 4. The depression in the wheat market continues, and is rather intensified since last report. It is a difficult matter to disnose of this grain at present, tho reason alleged being that millers are just now stocked up to their limit, and there are no outside speculators operating. Since Friday there have been practically no transactions of any volume, and the tendency is weaker. In addition to the absence oi any demand, the condition of the new wheat offering is unsatisfactory, and of old wheat there is practically none being offered. For new wheat 3s to .'ls lid is quoted, and fair quantities lmve been purchased at tho lower figure.

Feed oats arc easier, short feed being quoted at Is Gd, and Clarions at la Cd to Is 7d. The demand is weak, and the condition of tho offerings not too good. Hilling oats arc still in demand at prices recently ruling. 'Buyers of potatoes are operating with much caution, owing to the uncertainty regarding the blight. Some buyers are running no risks. and are declining to touch potatoes. For good guaranteed tubers prices offered are much in advance of r:cent quotations, but no business is reported.

There is practically no barley offering. The crop has been unsatisfactory, and none of milling quality is to be bad. Flour is quoted afc £) per ton—a reduction of 10s per lon since last report.