COMMERCIAL.

Otago Witness, Issue 1900, 3 July 1890, Page 20

COMMERCIAL.

When the mall left oats were realising from 2s to 3s per Jbushel, according to quality, in tan Pranoisco.

The New Zealand Loan and Mercantile Agency Company have received the following c&blegram from London dated June 27 :— " New Zealand hemp market dull. Medium qualifcv is worth £18 10s per ton Tallow : There in a fair demand. Fine mutton is worth 25s 6d, and good beef 24s 6d per At the annual meeting of shareholders of the Wellington Woollen Company the report and balance sheet, which recommended the payment of a dividend of 8 per cent. , was carried. Mr T. K. Maodonald, chairman, gave a history of the recent dispute, about which he thoaght fcoo much had been made. Referring to the employes, he said they received better wages and advantages than any other mill in the colony. The company, he announced , were about to issue £25.000 worth of debentures, and he thought there would be Hfctle difficulty in getting them off in the colony. Owing to pressure of business, Mr Macdonald said he would be compelled to retire from the position of chairman. The revenue collected at the Custom Houae during the past month, on goods clewed for consumption, amounted to £217,(!40 12s lOd, including primage duty of £641 17 a lOd. The beer duty came to £944 18s 8d and the gold duby t0 £505 4s lOd. The customs duties for the past quarter are aa follow : —On goods cleared for cou sumption, £92,573 6s 7d (Including the primage duty of £2943 6s 4d); beer. £32(3 19s 6d ; gold, £1653 7s 2d. In the previous quarter of last year £7b,592 5s Id was received on goods cleared for consumption (including the primage duty of £2548 7s lOd), £2883 2s lid for beer, and £1581 6s for gold. For the half-year ended Juno 30, 1890, the customs returns are :— Amount if duty on goods cleared for consumption, £200,136 2s 9d (inoluding primage, £7651 9s 2d); on beer, £7125 16s sd ; on gold, £3694 12s Id. A l4 years' lease of the property known as Barwood station, comprising 7Q.000 acres, was offered afc.

auction at the Chamber of Commerce by Messrs Donald Reid and Co. on Monday, and was bought by the old tenants (Mesnrs Robert Campbell and Sons) at the upaet price of £1300. The Customs revenue collected in the colony during June wao £102,769, as compared with £127,165 for the previous month, and £98,647 for Juue of 1869. Last month Auckland contributed £24 006 ; Wellington, £16,667; Lyttflton and Christchurch. £! 4, !>5J; Dunedin, £21,428 The total Customs revenue tortho Juue quarter was dC"JS6 208. The beer revenue last month wns £3880 ; for the previous montu, £4400; and for June 1889, JE3 .76. Last month Auckland paid £822 ; Wellington, £433; Ohriafcchurch, £302 ; Dunedin, £944. Tno tchal beer duty for the quarter was £12,897. Messrs Reid, Maclean, and Co., undar instructions from the mortgagees, offered for snle by auction on Tucsdayat theirrooms, Vogeland Cumberland streets, the freehold estate known as Merrivale, in the Waiau district. There was a good attendance on the occasion, and the property, consisting of 25,030 acres of land, together with a dwelling house, hut, woolshed, barns, stables, &c, erected thereon, was knocked down to Mr John Chute Ellis at £42,000. The New Zealand Loan and Mercantile Agency Company have received the following cablegram from London, dated Ist inst. :— "Whent : Market is firmer. New Zealand wheat (average) is worth 34» 6d per 4961b. New Zealand long-berried is worth 35» 9d per 4961b. New Zealand wheat, f a.q ,to arrive iron vessel, April-May bill of lading, is worth 34« 6d." Melbourne papers just to hand announce that the Equitable Society has purchased a magnificent block at the corner of Collins and KHzabeth streets at a cost of £345,000. When the contemplated buildings in Sydney and Melbourne are completed, the Bociety will have upwards of £850,000 invested in freehold securities iv Australia.