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Commercial.

CUSTOMS REVENUE. The following revenue was received at the Custom house, Dunedin, during the week ending Wednesday ™^ , £ s. a Thursday .. .. .. 817 9 7 Friday 1952 17 6 Saturday ioßl 17 9 Monday .. .. ■.. 1233 0 6 Tuesday 1171 12 5 Wednesday .. .. .. 993 7 0 Total £7250 4 9

THE WEEK'S BUSINESS. Wixnsss Office, Wednesday Evening. The "close of the month brought about the usual lull in business circles, and trade during the past week has been entirely confined to the supply of actual wants ; values of goods remaining unaltered from our last quotations. The brewers have succeeded in getting the beer tax reduced 3d per gallon, the reduction applying, however, to imported beers as welL Except for a few special brands, the market price of bottled ales and stout will not be much affected by the alteration, as since the increased duty was imposed importers have been unable to establish an equivalent advance upon previous prices. Other alterations in the tariff are likely to be considered by the Government during the recess. There is a considerable amount of business passing in woolpacks to arrive, at 3s to 3s 3d duty paid. Cornsacks are firm at 8s 6d, but business is limited. Galvanised iron is inquired for, and sells at about £27 per ton. Fencing wire moves off slowly at £15 10s to £16 for best brands of No. 8, and other numbers in proportion. Oils are a shade firmer, with sales of raw and boiled Unseed together at 3s 104 d per gallon, in drums. We notice the arrival of the Michelle Sedrachu, from Boston, with a considerable shipment of Noonday kerosene, of which brand the market has been bare for sometime past. Devoe's Brilliant sells in small lots at la 4d per gallon in bond. The sugar market is unchanged, and business passing is limited. Teas are passing out of importers' hands, although retailers are as yet buying very sparingly. Spirits remain as last reported, a seasonable demand existing for whiskies, but brandies receiving little attention. In the grain market there i 3 less business doing, but prices are firm, and the late advances seem well established. Prime milling wheat we quote up to 4s 6d per bushel ; good, 4s to 4s 3d. Oats are in demand at Is 8d for milling, and Is 6d to Is 7d f or finest feed. Prime malting barley sells at 3s 3d to 3s 6d, but transactions are few. In addition to the Michelle Sedrachu, we have to report the arrival of the Khorasan from London. We hear of several instances hi which account sales have been received of oats sent to London from New Zealand, and the price netted was about 2s 6d, after paying freight and all expenses. The rate of freight, we understand, was 50s, which is, we believe, a lower rate than would be taken at present. But this fact should be an encouragement to farmers who have been holding their oats for better prices. Oatmeal has, we understand, also been successfully sent Home. WHOLESALE PRICES. DEIED FRUITS. Currants, 6d; Sultanas 7d | Elemes, 8d ; Musetls, Is 4d AIiKS. M'Ewan'B, 12s 6d | Tennent'sor Younger's, 12s porter (duty paid). Blood's, lls 9d j pig brand, 12s 6d Guiness's, 12s 6d | tea (duty paid). Common, Is lOd to Is lid Boxes, 20s to 30s Good med'm, 2s 3d to 2s 4d Orange pekoe, 2s Superiorkinds 2sßdto3s3d Gunpowder, 2s 6d to 3s „, . sugar (duty paid). Fine whites, £45 to £48 Rations, £40 to £42 Grey crystals, £44 to £46 Victorian whites, £44 to Yellow do, £45 to £46 £47 Second yellow, £43 to £44 Crushed loaf— Am'n— 54s BICE. Patna nee, £27 ; dressed rice, £29 per ton. I . . BRANDY. Associated V'd, 8s 6dto2ss Do. in case, 41s Hennessy's 12s 6d per gal Bisquit's, 8s 6d and 24s Marten's, 12s 6d per gaL WHISKY, Dunville's, 17s and 18s Glenury, 6s 6d Glenlevet,9s Scotch and Irish, 5s to 7s S?mS. ff w Ca ?& " I-ongJOhn's, in case, IBs6d Old Highland, 10s Hazelburn whisky, b'k, 6s i™ ? f ° r « Jtolmenach. M'Gregor-s Fine Old LoSftuSfta Highland whißky ' 8a "■ In bulk, 4s 6d to s6d | 55.%3% 2 "*■ Bur " Key, 15s ' „ . _„. KEROSENE. mSSS 1 * | Calcium Light, 2s4d

1 THE MARKETS OROCERISS Retail pricss only :— Fresh butter, Is 2d to Is 4d Bread, over the counter, per pound 5d ; do, delivered, s£d | Salt, Is 2d per pound Oatmeal, 251bs. 3a Fresh eggs, Is per doz. Dried apples, 6d to 8d per lb Bacon, Is per pound Jam, lib tin, 8d to 9d Ham, Is to Is 2d American Salmon lOd to Is Cheese, 8d to lOd Potatoes, 28 pounds Is ; Milk, 4d to 5d per quart 4s per cwt Honey, 8d per pound MEAT. The City Company reports under date the Ist instant : — Roasting beef, 3d to 6d Mutton, 2d to 4d per pound Pork, 6d to 8d Steaks, 5d to 8d Veal, 4d to 7d Boiling, 2d to 3d Lamb, 2s to Ss 6d To hotels and boarding-houses the charge all round is 4d to sd. GREEN GROCERIES. Mr E. Landorf reports under date the Ist instant — Apples— eating, 3d, 4d, and Oranges, 6, 8, and 12 for Is 6d per pound Pears, 6d per lb Apples — baking, 4d Lemons, 2s to 4s per doz Bananas, Is per doz Pine apples, lsto 2s each Mandarin oranges, 8 to Passion Fruit Is 6d per doz 12 for Is Cocoanuts, 6s to 9s do* VEGETABLES. Cabbages, 3d each Potatoes, 161b to 281bs Is Do per dozen, 2s Cauliflowers, 4d to Sdeach Carrots and Turnips, Is Onions, 81bs and 121bs Is per dozen POULTRY. Fowls, 5s to 6s 6d per pair I Ducks, 8s and 9s per j air Geese, 10s to 18s per pair | Turkeys, 8s to 20s each FISH. Mr Melville reports under date the Ist instant : Flounders, 2s to 6s p* r doz Blue cod, 6d to Is 3d each Mullet, 2s per doz Soles, 6s to 10s per doz Crayfish, from 3s per doz Oysters, Is per doz. in the Red Cod, 6d to 9d each shell Lingtlsh, 4d to 6d per lb SEEDS. Messrs Nimmo and Blair report under date the Ist inst:— The demand for agricultural seeds of all descriptions still continues, and prices are considerably enhanced since our last report. WHOIIEBALE PRODUCE REPORTS. Mr J. Fleming, Princes street south, reports, under date the Ist inst : — j Good Sample Mill. Wheat, Straw, £2 per ton 4s 4d to 4s 7d per bshl. Bran, £3 10s per ton Fowls' Wheat, 2s 6d to 3s Pollard, £4 10s per ton Feed oate, per bushl, to Is Flour, £10 10s to £11 per 6d, Milling, Is7d to Is ton 8d Oatmeal, £9 10s per ton Malt Barley, 2s 9d to 3s 3d Pearl Barley, £18 per ton per bushel Onions, 7s 6d to 8s per cwt Feed, Is9dto2s6d per bshl. Cheese, 5d per lb Potatoes, £2 5s Bacon, rolled, 9d per lb Grass Hay, £2 10s per ton Hams, 9Jd per lb Oaten Hay, £3 Sides Bacon, BJd per lb Medium Wheat 3s 9d to 4s (grain fed). per bushel Chaff, £2 15s per ton Messrs Anderson and Co., millers, report, under date the Ist instant;— Oatmeal, £9 lQs per ton Pearl Barley, £18 per ton Pollard, £4 per ton Fowls' wheat, 3s per bshl Bran, £2 15s per ton Oats, Is 64 to Is 9d per Barley Dust, £2 10s per ton bushel. Flour— Sacks, £10 10s per ton ; hundreds, £10 15g ; fifties, £11, Mr C. F. BiAOK reports resale of section 5, block IV, Hawthorndale, (Messrs Black and Banks' township) near Invercargill, at £60, purchased last December for £20. Theealeof privileges iv connection with the Hunt Club Races by Messrs Wright, Stephenson, and Co., on Saturday, realised £78 10s. Mr David Proudfoot was the buyer of the gates, which were knocked down at £55. The right to publish the carda brought £5, the grand-stand booth was sold for £9, the outside booths for £8, and the fruit stalls for £1 10s. Messrs R. and A. J. Park report for week ended 28th August : — Bank of New Zealand, £21; Colonial Bank of New Zealand, £2 6s; National Bank of New Zealand, £3 2s; National Insurance Company, £l 8s; Union Insurance Company, 18s; Standard Insurance Company, 9s ; Colonial Insurance Company, 9s • New Zealand Shipping Company, £4 ; National Mortgage and Agency Company, £1 7s ; Cromwell Quartz-min-ing Company, £1 10s; Keep-it-Dark Quartz-mining Company, 14s 9d; Welcome Quartz-mining Company £2 10s; United Alpines Quartz-mining Company, 21sGladstone Quartz-mining Company, 10s; Qeraldine Quartz-mining Company, £2. Money secured on freehold property at 7* to 8 per cent, per annum. *^ Messrs J. and W. Gage reports for the week ending 28th August as follows*: — Welcome Quartz-mining Company (Reef ton), 48sto 50s ; ' Keep-it-Dark Quartz-mining Company (Reefton), 14s 6d to 15s; United Alpine Quartz-mining Company (Reefton), 20s to 21s ; Tipperary Quartz-mining Company, £24 ; Cromwell Quartz-mining Company, 32s 6d • Glad stone Quartz-mining Company, Us 6d ; HomewardBound Quartz-mining Company, 6s; All Nations Quartz-mining Company (Macetown), sellers 3s 6d. Mr Montagu Ptm offered for sale by auction on Tuesday six acres of land at Caversham, with a six-roomed house, being property in the assigned estate of A Evans. The highest bid was £125 over the amount of mortgage (£1050), and the property was passed in at £350. For a couple of sections at Seatoun no bid was obtained. Under instructions from the Sheriff of the Supreme Court, Mr Pym also offered allotments 37 and 29 of Fenwick'a subdivision, Cumberland street Dunedin, with house thereon. Mr Lamer was the purchaser at £180. COMMERCIAL TELEGRAMS. Auckland, August 27th There is very little change to record. Stocks and shares are flrm, but transactions for the past week have not been numerous. Mining shares are depressed with the exception of two or three standard stocks, and it is difficult to quote. All general merchants have the same to relate, that business is entirely of a hand-to-mouth character, the spirit of speculation being entirely absent. What business ia being done is purely routine, but sound and satisfactory. Oats are firm, and range from 2s to 2s 3d. A trade line of good quality changed hands at 2s Id. Maize is not very plentiful, and the market is affected accordingly. Local maize has been sold in parcels as high as 3s 6d • Fijian is quoted at 3s 3d per bushel, being scarce. It has, however, been sold at 3s 2d for very large quantities. Wellington, September Ist. Messrs Laery and Campbell report that trade is far from brisk, and public auctions show languor and great indisposition to buy, except at prices that would leave a loss to shippers. The following prices have been realised since their last report :— Chick wheat 2s to 2s 2d ; maize, 3s to 3s 4d ; flour, £12 ; bran, 7M to 8d; pollard, £5 to £5 10s ; fresh butter, 7d to 8d ; salt butter, bacon, ham, and eggs quite unsaleable • potatoes, £2 12s 8d to £2 15s ; onions, overstocked and no demand ; cheese, 5d to 6d ; apples, Us to 12s • oranges, 9s ; fowls, 3s 6d, was obtained with difficultyturkeys, 4s. Mr Donald Stronach (on behalf of the New Zealand I lioan and Mercantile Agency Company, Limited) reports for the week ending Ist September as follows :— Fat Cattle.— One hundred and thirty-five head of cattle were yarded at Burnside to-da3', of which 100 were fat, the remainder being stores. The supply being only moderate, the trade demand was fair, and prices realised show a slight advance on those of last week. Fat bullocks fetched £6 15s to £12 2s 6d • and cows £5 103 to £8 10s per head. The stores sold at £3 17s 6d per head. We quote prime beef 265, and medium 22s 6d per 1001b. Fat Sheep were in full supply, 2748 head having been offered, of which 2078 were crossbreds, and 670 merinos. Biddings were languid, and values declined fully Is to Is 6d per head. The crossbreds sold at from 10s to 16s, and the merinos at from 7s 9d to 10s 6d per head. We sold 250 head on account of the New Zealand Agricultural Company at 12s 9d, and also other lots at full rates. Quotation for prime mutton 2§d per lb. Fat Lambs. — Thirty-six were sold at from 9s to 13s per head. Fat Pigs.— Ninety-nine head realised from 24s to £3 12s 6d per head. Wool. — The daily reports which have reached us by telegram of the progress of the auctions in London continue on the whole favourable, the demand being more animated, and the Home trade operating freely. Crossbred descriptions have not yet recovered however, from the decline established at the opening of the series. Sheepakina.— At our weekly public sale on Monday

prices showed a sensible Improvement on those of previous week, and with a satisfactory demand. We cleared a fair catalogue at following quotations :— Butchers' crossbred skins, 3s 6d to 5s 3d ; merinos, 3a to 4s 6d ; station skins, up to 4s each ; skins in bales, 4Jd to 5Jd per lb. Hides. — We have placed several consignments at recent quotations— say, 3|d per lb for wet-salted, and 203 each for butchers' green hides. The demand continues good. Tallow. — Market fairly snpported at late rates. Twenty-seven shillings per cwt could be obtained for well-rendered tallow, and 15s to 17s for rough fat Grain.— Wheat : Market very quiet, but there is no reason to reduce quotations for prime samples, of which the supply is small. Inquiry for inferior descriptionsiptions and for fowl's feed is very slack. We quote prime milling, 4s 6d; medium, 3s 6d to 4s 2d per bushel. Oats : Demand for local consumption is very limited, the level of holders' expectations being at present unattainable. There is some inquiry for shipment, but we do not hear of much business. Prime milling may be quoted up to Is 8d ; good feed, Is 6d to Is 7d per bushel. Barley : Really prime malting samples would command fully 3s 6d, but supply of such descriptions is very limited. Ordinary to good we quote at 2s 6d to 3s per bushel, with a sluggish demand. Messrs Wright, Stepuenson, and Co. report for the week ending Ist September as follows : — Fat Cattle. — A small supply came to hand, 135 head being yarded. Of this number about 100 were of from good to prime quality, the balance simply stores. Altogether we sold 87 head, as follows :— On ; account of Messrs Murray, Roberts, and Co., Gladbrook, 16 bullocks at from £10 12s 6d to £12 2s Bd, and 14 cows at from £7 7s 6d to £9 ; on account of Mr A. Dornwell, 25 bullocks at from £5 5s to £7 17s 6d ; on account of Mr Spence and others, 9 cows at from £4 to £8 5s ; and on account of Mr R. Goodisson, 23 cows (stores) at from £3 17s 6d to £6 2s 6d. We quote prime beef at from 25s to 26s per 1001b. Fat Sheep.— The market was well supplied to-day, 2078 crossbreds and 670 merinos being penned. The trade having fair stocks on hand, purchased sparingly ; nearly all of the sheep, however, found buyers, but at prices barely equal to last week's. We sold 1763 as follows:— On account of James Smith, Esq. (Greenfield), 508 crossbred wethers, at from 13s to 13s 6d, and 104 merino wethers, 8s 9d ; on account of John Reid, Esq. (Elderslie), 98 crossbred wethers, at 14s, and 51 merino wethers, at 9s 9d ; on account of Messrs Draper and Johnstone, 31 crossbreds, at 15s 3d ; on account of Messrs Murray, Roberts, and Co. (Gladbrook), 524 crossbred ewes, at from lls to lls 6d ; on account of Mr James Gall, 149 crossbreds, at from 12s 6d to 12s 9d, and 298 merino wethers, at 9s 9d. We quote prime mutton at 2sd per lb. Fat Lambs.— Thirty-six were penned, which we sold at from 7s to 13s each, on account of Messrs John Finch and Charles Bartrice. Fat Pigs.— One hundred came forward to-day (chiefly porkers and bacon pigs), and were sold by us on account of Messrs T. W. Leslie, C. Jessep, and others. Bacon pigs fetched from £2 10s to £3 2s 6d; porkers, from 28s to 365, We quote prime pork at 4J<l per lb. Store Cattle and Store Sheep — We have no sales to report, Horses.— Heavy draughts and strong upstanding Ught-hamess horsesjare in 'good demand- For our sale last Saturday a fair supply of both descriptions came to hand, most of which found purchasers at our quotations. On Saturday, 4th inst., at the Provincial Yards, we shall offer for sale, ex Rotomahana from Melbourne, on account of Mr J. Daniel, the thoroughbred stallion "Dilke," and the pure Clydesdale mare " Blossom." (For particulars see advertisement.) We quote first-class draughts at from £35 to £45 ; medium, £20 to £30 : good hack* and light-harnes3 horses, £17 to £25 ; light and inferior, £3 to £8. Country Sales.— We beg to call attentton to our monthly sale at Palmerston, which takes place tomorrow (Thursday, 2nd September), when we shall offer on account of Mr William Cowan (Tumai), a large number of pure-bred Ayrshire bulls and heifers, dec. Sheepskins.— We held our weekly sale on Monday last as usual. There was a good attendance of the trade, who competed keenly for each lot offered. Prices obtained show a slight advance on rates ruling last week. We catalogued amd sold about 1800 skins. Bntchers' crossbreds sold at from 4s 7d to 5s 6d; merinos from 4s to 4s sd ; station skins from Is to 4s 2d ; double fleece skins, 6s 6d each. Hides. — The supply is scarcely equal to the demand, which is at present brisk. During the week we have sold 181 at our quotations — viz., for sound wet-salted hides, 3fd per lb ; butchers' green hides, 20s each. Tallow is in fair request. On Monday we disposed of about 11 tons tallow and rough fat. We quote prime mutton tallow for shipment at £28 ; mixed, £24 to £27 ; inferior, £20 ; rough fat, £17 per ton. Grain.— Wheat : Prime samples are wanted, and meet with ready sale both for milling and seed purposes. We quote prime milling at from 4s 6d to 4s 8d per bushel ; medium, 4s to 4s 4d; fowls' feed, 2s 9d to 3s. Oats are also in fair inquiry. We quote prime milling at Is 8d to Is fld per bushel; good feed, Is 7d to Is Bd. Barley : We quote prime malting at 3s 3d to 3s 6d ; ordinary, 2s 6d to 3s ; milling, 2s to 2s 3d per bushel. Messrs Maclean and Co. report for the week end. ing Ist September as follows :—: — Fat Cattle.— The short supply of 135 head only were yarded to-day, about 30 being mere stores, in consequence of which prices showed an advance of about 2s 6d per 1001b. With the exception of a few pens the quality was Rood. We sold on account of Me-srs Fraser and M'Lean, Gore, 15 bullocks, at from £9 2s 6d to £10 12s 6d ; on account of Mr George Steel, Clinton, 4 head, at £6 12s 6d to £8 15s ; on account of Mr John Bruce, 15 bullocks, at £8 17s 6d to £10 10s ; and on • account of Mr Murdoch M'Lennan, 11 head (light weights and ordinary quality), at from £5 12s 6d to £6 10s. We quote prime beef 26s to 27s per 1001b. Fat Sheep. — A full supply again came forward, consisting of 2078 crossbreds and 670 merinos. In consequence of the trade having large supplies on hand from the last few weeks, sales were difficult to effect, and prices showed a decline of about Is per head. We sold on account of Mr James Wilson, Balclutha, 70 crossbreds, at 14s 3d ; on account of Mr J. Davidson, 120 merinos, at 7s 9d ; on account of Mr James Gall, 63 crossbreds, at 15s 6d ; and on account of Mr R. Wilson, Romania, 190 crossbred wethers, at 12s 6d to 13s, 32 do ewes at 10s, and 44 merinos at 8s 9d. We quote prime mutton fully 2sd per lb. Fat Lambs. — Thirty-six were penned to-day, and sold at from 9s to 13s each. Fat Pigs. — About 100 fat and store pigs were yarded, and realised from 24s to 72s 6d each. We quote prime porkers 4W to sd. Store Sheep still continue in good demand, and any lot 3 placed in the market can be readily disposed of. During the work we have sold 1200 two, four, and six-tooth crossbreds, and 1500 merinos at satisfactory prices. Store Cattle.— The demand for store cattle still holds good. At our yards, Balclutha, on Friday, 3rd inst., we shall offer 60 head, and a number of horses of a serviceable description. Horses. — At our sale on Saturday last we offered and sold a considerable number at satisfactory prices. We quote heavy draught mares and geldings, £35 to £43 ; good hacks and light-harness horses, £15 to £25 ; inferior, £3 to £10. Wool. — Advices from the Home market continue favourable. The following is the latest cablegram, dated London, 30th August :— "At the wool sales today 7400 bales were offered, making a total of 104,100 bales catalogued since the opening. The tone of the sale showed a better demand." Sheepskins. — At our weekly sale on Monday last prices showed a decided improvement on last week's values. The attendance was large, the trade being well represented. Butchers' crossbreds brought from 4s 5d to 5s Id ; merinos, 3s lOd. Hides continue in good demand at the values recently quoted, viz., 3Jd per lb for wet-salted, and 20s each for butchers' green hides. Tallow.— Quotations unaltered, the demand continuing good. Grain.— Wheat : The market has been rather quiet during the week, but prices are still firm at rates recently reported, viz., 4s 6d for prime milling, and even 4s 7d to 4s 8d might be obtained for a really prime sample for seed ; ordinary, 3s lOd to 4s 4d • fowl's feed, 2s 6d to 3s. Oats : The demand, which has been brisk for several weeks past, has somewhat abated, and but few transactions have transpired during the week. Prices are similar to those of last week— milling, Is BJd ; feed, Is 6d to Is 7d.- Barley : Good malting samples are realising 3s to 3s 6d : ordinary, 2s 8d to 3s ; milling, 2s to 2s 4d. " Messrs Donald Reid and Co. report for the week ending Ist September as follows :—: — Fat Cattle.— One hundred and thirty-three head were yarded. This included 35 stores. The balance were chiefly good to prime quality, and being a short supply were speedily cleared at prices a shade over last week's. Beat bullocks brought £10 7s 6d to £12 17s 6d ; good do, £8 15s to £10 ; others, £5 10s to £7 ss ; best cows, £7 2s 6d to £9 ; others, £5 5s to £6 12s 6d— or equal to 25s per 1001b for prime, 20s I medium quality, <

Fat Sheep.— This market was ovsrstot&ed: 27*3 penned, 670 being merino wethers. Bidding lacked spirit, and prices show a slight reduction. Best crossbreds brought 14s 3d to 16s ; good do, lls 6dtol3s9d; inferior and others, 103 9d to lls 3d ; merino wethers (prime), 9s 9d to 10s 6d ; others, 7s 9d to 83 3d. We quote prime mutton 2id per lb. Fat Lambs.— Twenty-five penned. These, though young, were good quality, and sold at from 9s 6d to lls 3d. Store Stock. — No transactions. Wool and Skins.— There was a good attendance afc our sale on Monday last. Bidding was brisk, and all lots were cleared at fair rates. Wool ; We sold 4 bales scoured crossbred at" 16id per lb ; 2 rfo merino, at 18ijd ; stained pieces at 9d ; greasy crossbred, at lid ; crossbred slipe, 7sd ; merino slipe, 9d ; locks, &c., at 2Jd. Skins : We sold 1986 at a slight advance on last week's rates, as follows : — Butchers' crossbreds, 4s 5d to 5s 6d ; do merino,* 3s lid to 4s 6d; dry skins, 2a! 3d to 6s sd ; skins in bales, s§d per lb. Hides are in"! better demand, and all sound salted lots are readily sold at 3Jd per lb. butchers' green hides are worth 20s. Ofi Monday we sold 147 at quotations. Tallow. — We have to report sales of small lots at ' current rates, vviz., 25s to 26s 6d for prime rendered ; 24s to 255, mixed ; 10s to 17s, rough fat. , ■ < Grain. — Wheat : The . market generally has been quiet ; values of prime samples have been fully maintained. Oats are iv good inquiry both locally and for shipment. Holders show no disposition to sell except . at advanced rates. All lots forward have been cleared at full prices. Barley: Prime malting is inquired for,' while milling and inferior lots remain almost unaale-' able. Grass and clover seeds of all descriptions are in fair demand. Perennial ryegrass and cocksfoot are in full supply at low rates. We quote :— Wheat : Best milling, 4a 4d to 4a M ; medium, 3s lOd to 4s 3d; inferior, 3s 6d to 3s 8d; fowls' feed, 2s 3d to 3s. Oats : Prime milling, la 8d to Is BJd ; medium and best feed, la 7d to Is Bd. Barley : Prime malting, 2s 9d to 2s ; milling; 2b to, 2s 6d ; feed, Is 6d to la lOd. Ryegrass, 2s lOd to 4s per bushel. Derwent potatoes, £2 to £2 7s 6d; kidneys aid whites, £1 10s to £2 per ton. MINING NOTES. • Mr J. F. Watson reports for the week ending' Ist September as under : — Reefton.— The Keep-it-Dark Company's return was 2530z of amalgam from 103 tons of stone, the yield for ' t the fortnight being 150oz of gold. There will be no -dividend declared this month, as £500 has been held in reserve for progressive works. The future results of 'the mine are very promising. The United Alpine Company's return was 3680z of amalgam from 150 tons of stone, and it is reported that the reef shows a width of 25 feet ; and several years of profitable workare looked forward to. The Welcome Company have a block of stone already proved 380 feet in length, and when the battery is completed large dividends may be expected. The Fiery Cross Company -are now crushing, and good stone is coming forward from the lower level. The Golden/Fleece Company have a large reef, and the yieldisexpeoted to average 35dwt. to the ton.- It is expected that the battery will run without stoppage until December, The Energetic Company's mine .promises well, and it is understood that they have taken a lease of the Dauntless Company. Macetown.— The Tipperary and Gladstone Companies are on splendid stone. The, Homeward-Bound Company's works are progressing favourably, and the, avearge width of reef In the intermediate and lower tunnels i 3 about three feet, gold showing freely in the stone. Bendlgo Gully.— The Cromwell Company are working towards the eastern line of reef, and good results are anticipated. Hindon.— The New Caledonian Company, are again on the reef. The Hindon Company's washing-up will be finished in a few days. Keep-it-Dark, 14s 3d ; Welcome, 55s to 57s 6d ; United Alpine, 225; Golden Fleece, 9s; Fiery- ■Crosa.69 3d ;-Cromwell, 31s 6d ; Tipperary, £25 ; HomewardBound, 6s; Gladstone, lls; Wetheratones Cement Company, 6s 6d. ' - . r* r ,; THE LONDON MARKET. The following report, received from London by the mail, has been handed to us by Mr John Hart, of the firm of H. and J. Hart, of London, who is at present on a visit to Dunedin : — _ . .. London, Ist July, 1883. During the past four weeks our wheat and flour market has been very quiet and slow, with prices gradually getting, lower for both articles. "The United States has again been shipping liberally, the weather has been most favourable for the prospects of our own coming crop, and millers.have confined their purchases entirely to the necessary day-to-day parcels required to keep them going. Fortunately the Continental demand has been steady, or we must have had even lower rates than those we quote to-day. A large proportion of the wheat on stands has been, and- is still, Australasian, and the retail price at yesterday's market was from 49s to .50s per 4961b ex granary, for Adelaide and' Melbourne'; ' while for New Zealand, 46s to 51s; same terms were the selling quotations. .Here and there small lots of exceptionally fine New Zealand wheat are held at 525, but this cannot be considered a representative price. Flour.— Superfine Adelaide is very dull of sale, and worth 36s to 36s 6d per 2801b. New Zealand oats have been arriving in somewhat large quantities, and making long prices, say, an average of 26a per 3201b ; but this pnee would not be maintained were we to receive, say, 4000 or 5000 quarters, although we think it must pay the shippers as long as they can lay down the goods here at 203, all 'costs included, provided tho condition on arrival is good, the natural weight heavy, and colour bright. ARRIVALS FOR PAST FOUR WKBKS. Wheat. Oats. Peas. Flour, . „ , „ V s - V»« qre. qrs. Adelaide .. 6,843 .. .. — - .. Melbourne, Sydney &c. .. 53,888 .. — .. 197 .. 5,785 New Zealand .. 64,907 .. 2,582 .. — .. _ THE LONDON WOOL MARKET. Messrs CarguiLS, Gibbs, and Co. have received the following telegram from Messrs Helmuth Schwartza and Co., London, dated 26th instant :— There is an increase in the animation. Partial recovery of decline during last week. Prices for all merino wools are equal to lowest of last series. No improvement for the bulk of crossbreds. • ' Messrs Murray, Roberts, and Co. yesterday rsceived the following undated cable message from London :— Merino, better descriptions, about equal to qlosing rates of last sales ; crossbreds, good, a shade below ; coarse id to Id per lb below closing rates of last sales. Foreign buyers operating modeiately. Market stronger. The following shows the amount of Customs duties collected at the port of Dunedin, from the Ist to the 31st of August, 1880 :— £ s d Spirits, 14s per gallon .. .. 7040 8 5 Do, 21s do .. .. ## 74 ,4 5 Do, distilled in New Zealand, 7s per gallon . . „ _ 12 12 ■ 9 Cigars, cigarettes, and snuff , 6s per lb . 880 0 6 Tobacco, 3s 6d per lb .. .. 4456 4' 0 Wine, 5s per gallon .. .. 448-13 10 Do (Sparkling) 6s per gallon .. 25 16 0 do (Australian) 4s per gallon . . 46 17 8 Ale, • beer, &c. (in bottle), Is 9d per „. gallon .. .. .. 284 13 1 Ditto (in wood), Is 6d per gallon.. .. 35 2 0 Tea, 4dperlb * .. .. 1,108 18 10 Coffee, cocoa, chicory, and chocolate, 3d P er H> • • . . 238 1 S Coffee (roasted), 5d per lb „ . . 115 0 Sugar, raw, refined, and molasses, Jd perlb .. .. 833 9 8 Opium, 20s per lb .. ... 144 0 0 Goods by weight.. .. .. 2,068 2 6 Ad valorem .. .. ..13,828 2 9 Other duties .. .. .. 1,924 2 8 Total •• •• ..£33,172^18 10 Gold duty, £1103 3s lOd. Excise Beer duty, £253 8s 6d. THE LABOUR MARKET. Mr'SKENE reports under date-.the Ist .-—The month just closed has shown a gradual improvement, and it is evident that things will soon get. better, as men are fast leaving town. All suited for farms, dairies, and stations will soon be, needed. The building trade is very active in town. Couples are not in full demand ' yet. Men and women for hotels are always moving off. Female servants, such as general house servants cooks, laundresses, housekeepers, barmaids, dairymaids, &c. t are always needed; indeed, now thatths , busy season is on and things] looking more hopeful, there will not b« much difficulty in fixing gtutabfc people, , _ ,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18800904.2.27

Bibliographic details

Otago Witness, Issue 1503, 4 September 1880, Page 15

Word Count
5,245

Commercial. Otago Witness, Issue 1503, 4 September 1880, Page 15

Commercial. Otago Witness, Issue 1503, 4 September 1880, Page 15

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