COMMERCIAL.
Millers' lines have ruled during the week as follow :— Flour, £9 5s to £9 15s per ton; oatmeal, £8 to £8 10« per ton ; chaff, 40s to 45s per ton ; -bran, 50s per ton ; and pollard, 70s per ton.
Mr H. Westmacott returned from his trip to India lait week, and brings a rather more favourable account of the Caloutta horse trade than was ex. peoted from recent advices. The market Is overstocked with inferior horses, and these have to be sold at very low prices; but sound, upstanding, well-broken animals are in demand, and leave the shipper a reasonable margin. The Australians have not improved the business. They send across goodlooking but badly-broken horses, which they can afford to sell at much lower rates than are necessary to leave a profit on shipments from this oountry. The expenses from Lyttelton amount to £17 or £18 on each horse, and the losses are sometimes very serious ; but altogether Mr W«stmacott is satisfied with the result of his first ventnre, and intends to take across another shipment at the proper season.— Lyttelton Times. r x Lyttelton grocers are now importing separator butter from New Plymouth, nnd can buy it cheaper than the butter made on the Peninsula. It is retailed at lOd per lb.
The Wellington Trade Beview states that owing to the shortness of the yield of wheat in prime condition, there is a general anticipation of an immediate « ii>e in the price* of whea>. and flour, in consequence of which buyer, are stocking largely, and a considerable quantity of flour has changed hands. At rresent quotations are without change from the figures given in our last report— namely, £d 15s for srone-znill, and £10 15s for roller-mill
The revenue collected at the Custom House for the la»t quarter was as follows:— On goods cleared for consumption, £90,824 7b 3d ; beer duty, £3434 14s 9d. In the corresponding quarter of last Tear £107,562 16s 2d was paid as duty on goods, and £3881 16s lid as duty on beer.
Mejsrs Dalgety and 00. have received the following cablegram from their head office, dated London, 28th:— "At the sales sheep-kins were in brisk demand, nearly all selling at Jd per lb advance on last prices."
Bighty tons of cheese from the Wyndham Dairy Faotory have been sold at a satisfactory figure. This will take up all made to end of season. Some 60 tons were previously shipped to London on the company's own account. The milk supply is 1400 gals daily — Gore Standard.
A fortnight ago a oable?r«m adv/sed that a portion of the shipment of Melbourne butter in the Massllia had been sold at from 100s to 110s. A cablegram dated the 12th states that the balance had been sold at an averaee of 116s per owt. Since the beginning of the year our cablegrams have advised sales as follows :— January 14 .- Shipment by Orrauz, in excellent condition, 100s to 118 a. January 29 : Ship ment by Orotava averaged— for dairy-made, 955; factory-made, 104s to 114s. The lonic's shipment of New Zealand factory-made butter realised 115b. Pebruiry 11 : 600 packages of the Austral's cargo of Sydney and Melbourne butter sold at 96s to 109s. Ftbiuary 21 -. 10 0 packages New Zealand butter by Ta'-nui real'sed Sss to 112a.— Sydney Mail.
The Esw Zealand Loan and Mercantile Agenoy Company (Limited) have received the following teleg'arxi from their London office, dated March.3l :— "Wheat: Kew Zealand wheat has advanced 6d per 4961b si:ica last report "
The Lyttelton Times reports that large quantities of wheat continue to come to hand unfit for shipment. At th» *hip Llsmore on Tuesday fne samp'et had to n jec' tru'jk after truck, m,d tfoo eiime thing has been tjo-n,j on for some time past. The wheat is damp and shooting, and our Lyttleton representative was shown eon-e strain* with shoots between half an Inch aud an iach in length.
The Tapanui Courier understands that the lessees of the Tapanui Dairy Faotory premises have had a successful eea:ou, and found a ready market for the cheese. The lessees expect to net 3d per gallon for their milk.
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Bibliographic details
Otago Witness, Issue 1936, 2 April 1891, Page 18
Word Count
689COMMERCIAL. Otago Witness, Issue 1936, 2 April 1891, Page 18
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