Commercial.

Otago Witness, Issue 1383, 1 June 1878, Page 11

Commercial.

THE WEEK'S BUSINESS.

Witness Office, Thursday Morning Bmi ness during tho past week has beeu fairly good, although we have no particular transactions to report, and prices remain unalteied from our last quotations The only arrival we have to notice is that of the Elect™ from London, after a protracted voyage of 130 days. In kerosene is no change— Diamond celling at Is 4Jd ; D< vot'a, Is SJ. A parcel \<l Olcophane brand has been offering during the week, but without as yet finding a buyer. Candles continue low in prico, and during the last few days several pare Ir have been sod to arrive at rates withheld Teas of the lower qua'ities are in considerable demand, but stocks of these have run very low. In ales there is nob much doin,r, but stout is in good enquiry, and stocks are not large. We quote sales of 'Juinness'd (Burkes) at 12k qts and 83 pints ; do (Johnson's), l's to 11s 6d, and 7<i 9 I. In wines thero is a slight enquiry for port, but sherry Is quite neglected. Brandies are in fair demand During the week a considerable quantity of Hennessy's Cine has been placed at 32s 6d ; bulk is held for 10s per gallon, Secondary brands sell at the usual rates ; of the lower qualities the markeo is at present almost bare Of fish, salmon is alone inquired for. and stocks are small. Trade lots command Kh to 10s 6d, according to quantity. Fruits remain unaltered, and prices very unsatisfactory to importers. Fencing wire is in (rood demand, sales being principally of tho coarser numbers. We quote No. 6, £14 10s to £15 ; No. 7, £16 to £15 10s; No. 8, £16 to £16 10». Standard iron is selling freely at £11 per ton ; pig iron »t £5 10s per ton. Cement is at present in heavy stock, and does not command over 16s per barrel. Wheat has somewhit given way during the week, and sales are reported at from 4s Id for good ordinary, to 4s 3d for prime. O*ts continue in good demand, and prices remain firm at 3s 4d and 3? 6d, for good feed ; prime milling, 3s 6d. Barley continues tcarco and w*ntad ; good malting is worth 6s to &a 6d ; prime, Cs ; feed and milling, 3s 3d to in, according to sample. Flour sells freely at £11 103 and £12 ; oatmeal, £17 10s and £18 Pearl birley, £20. Pollard commands £6, and bran £4 ss, bags included. During the wefclr, Messrs Jl'Landress, Hepburn, and Co. held an auction sale of groceries and American notions, but the attendance was ism ill, and the prices realised can hardly be taken as a criterion of market values. TELEGRAPHIC. Stdnet, May 23rd. Hennessy's case brandy firm, unchanged ; Hennessy quarters, SM 3d; kerosene, unchanged; rice, £24. Other quotations unchangedWbllinoton, May 23rd. Mr George Thomas reports :— Flour, Adelaide, £17 103 ; Colonial, £12 103 ; oats, 4s to 4% 3d ; bran, Is to Is 2d ; wheat, Zi 9J to 4s ; pollard, 7s 6d ; maize, 6a 6d ; butter, Is ; bacon, 7jd ; hams, BJ-d ; potatoes, £3 10s ; cheese, 7d. Ch3lstchurch, May 23rd. Wheat, 4s 9d to ss ; flour, £12 to £13; oats, 3s 6d to 4s ; bran, £4 ; sharps, £5 ; cheese, 6J3 ; butter, 9£d ; hams and bacon, 8d (m cloth) ; potatoes, £3. The market is dull. PROPERTY SALES. Messrs M'Landre*s, Hepburn and Co. report having sold thirty-four sections, each containing a quarter of an aero, in the township of Grej town, at prices ranging from £10 to £20 per ssction. Five sections m Brighton brought £25, and flve in Waikawa (also quarter-acres) from £10 to £20. The dwelling-houses and properties in Eliott's subdivision, advertised for snle. were passed in.

Messrs Black, Quick, and Co. report sale of 36 acres at Broad Bay, for £2340.

WurrßiiATF and Co. report the following 1 sales of eases by auction, at their rooms, on behalf of tho Corporation of the City of Dnnedin :—

Lot 1.— 21 jear»' lease of part section 7, block XV, frontage to Dowling stroet, 655, E. Prosper.

Lot 2 —21 years' lease of parts flections 7 and 8 block XV, frontage to Dowling street, 70s, E. Prosser.

Lot 3. — 21 years' lease of port section 8, block XV, frontage to Dowling Rtreet, 665, B. Hallenstein.

Lot 4. — 21 years' lea«o of parts sections 8 and 9, block XV, frontage to Dowling street, 60s, B. Hallonslein.

Lot 6. — 21 years' lease of part section 9, block XV, f iOntage to Dowiinc; street. 02s, Matbeson Bros.

Each allotment having 30 feet 10J inches frontage.

The Hon. Colonel Brett's station, at Mount Torlesso, has bpen sold for £11,000 It comprises 21,000 acres of leasehold, 630 acres of pre-emptive right, 800 of freehold, together with 10,000 sheep, house, and station buildings.

Messrs Wright, Stephknson, & Co. report that, on Thursday, they disposed of the following freehold properties : — Lota 1, 2, and 3, Brockvillo Estate, containing in all 33a 2r 22p, to Mr Robert Banks, at £20 per acre. Lot 4, containing 21a, to Mr N. Y. A. Wales, »t £20 per acre. Wsrepa Estate— Lot 1. I7Bi Or 23p, John Fdwards, £8 10s per acre Lot ?. 174 a lr 28p, D. M'Kenzie, £8 per acre. Lot 3. 155 alr 14p, Benjamin Cooke, £6 2i ed per acre. Lot 4. 106 a 2r, Thomas Eoseveire, £6 6s per acre. Lot 6. 209 aOr 22p, William Mauley. £6 per acre, Lot 6. 285 a2r 27p J W Paterson, £5 Iss per acre. Lot 7. &7a Or 3Gp, James Cruickshank, £6 per acre. Lot 8 89a 2r Benjamin Cooke, £4 10a per acre. Lot 9. 175 alr 03p R Edmiaton, £4 10a per acre. Lot 10. 115 1 2 03p, Josenh Roseveare, £4 12s 6d per acre. Lot 11. 178 a3r 20p. James Fyfe, £5 2s 6d per acre The fonr remaining farms are in our hands for sale privately. — The W<fwera township Lotl. Block J S. M'DoDald, £26 10s. Lot 2. Do. £14 10s. Lot 3! James Bayne, £8. Lot 4 NY A Wales, £10. Lot 5 Do. £17. Lot 6. W Chisholm, £25 10s. Lot 7. Do, £25 10b. Lot 8. W Blackie, £17 10s. Lot 9. R J Sparks, £18 10s: Lot 10 J Sparks, £19 10?. Lot 11 N V A Wales, £22. Lot 15. A C Sunders, £12 109: Lots 16 and 17. JO3. vVrieht, £5 10b each. Lot 18- W Chisholm, £10 10s. Tots 10 and 20. G Blacklock. £8 each. Lot 21. A Corsan, £7. Lot 22. Jas Bauchop. £13 l')a. Lot 23 J J Sim, £10. Lot 24. R J Spark', £10. Lots 25 and 26. J»8 >-cott, £12 each. Lots 33 'o 39. Esther and Low, £6 each. Lot 1. block 11. Jas Cruiksbank, £10 15s. Lot 2 T Qeary £7. Lots 3 and 4. T Geary, £8 each. Lot 7. T Blacklock £5 Lot 8 W Manlcy, £5. Lots 12, 13, 1-1, and 15. Jis Forsyth, £5 each Lots 25 and 20 H Don ldeon, £5 12s Cd each. On Saturday, 26Ui May, at the sumo place, we disposed of allotments 10 and 17, blouk XIII, township of Povbury, to Mr John M'Noill for £155 ; also part of section 18, private township of Silverton, to Mr James Curie f<-r £07. Also the fnllowinu sections in tho townßhip of Cianst-Mi :— Lot 5. To E Oretohton for £09. Lotfß T> W Ball, £03. Lot 9. To W Ball, £98. Lot 12. \o Duncan anrj Macgregor, £IQO. Lot 14. To A Mathe-

son, £93. Lot 16. To A Matneaon, £98. Lot 21' To G T Clarke, £60. Lot 3«. To T Lynn, £59. Lot 37. To James Curie, £60. Lot, 39 To F G Lutng. £100 The balance o( the uivolcl sections in this township are for sa'e by private treaty.

THE SHARE MARKET.

Mr J. B. Bradsuaw reports as follows for the week ending Saturday, 25th instant :—

Colonial Bank of New Zealand shares, £2 12s 6 1 ; National B.mk of Now Zealand shares, £3 17s; National Insurance Co shares, £1 83; Siuth British Insurance Co shares, £3 12s Cd ; Standard Insurance Co shareo, £1 3a ; Union Insurance Co sbarea, 15s ; Mosgiel Woollen Factory Co shares, £3 7x ; New Z-a-land Shipping Co shares, £3 13s Gd ; Forbury Park Co shares, £25 ; Cromwell Quartz Mining Co shares, £1 17s ; All Nations Quartz Alining- Co shares, 3a 6d ; Star of the East Quarts Mining Co shares, £4; Scottish and New Zealand Investment Co shares, it premium; Guthrie and Larnach's Timber and Woodware Factories Co Hhares, £2 103. Honey secured on freehold operty, £8 per cent per annum.