COMMERCIAL.

Otago Witness, Issue 1949, 2 July 1891, Page 20

CO MMERCIAL.

Miller*' line* have ruled during the week as follows: -Flour, £ll 5s to £11 15s per ton; oatmeal, £8 10a to £9 per ton ; chaff 40s to 47s 6d per ton ; bran, £'i 10a per ton ; pollard, £4 10* per ton ; pearl barley, £13 to £los 10s per ton. Owing to the very large quantity of factory cheese- some 800 tons -exported to London this season, local stocks are very light, and the lowest price now quoted for finest factory cheese on spot Is od per lb. The New Zealand 'Loan and Mercantile Agenoy Company have sold Mr French's farm at Papakalo. containing 261 acres, to Mr W. Gray, for the sum of £14 per aore. As the land has no house or other building* upon it we think that the price paid (cash) conolusively proves that, in spite of bard times, the old settlers still have confidence in the district and its future.— O imam Mail.

Messrs John Beld and Sons report the sale of Mr Hume's XTewstead farm, Wangaloa, 307 acres, to Mr W. A. Attobison, at a price satisfactory to both buyer and seller. They have also sold for Mr James Curie his well-known valuable property, " Park and Carle's corner," to Mr Daniel Haynea, at a price withheld.

The New Zealand Land and Mercantile Agenoy Company have received the following cablegram* from their London offloe : — Dated 23rd lnst. : "Wheat.— Market depressed. New Zealand wheat f,a q., o.i.f. to arrive, ha* declined 3d per 4801b* since tut report " Dated 2tyh |n»t. s " Tallow it dull of

■ale, good beef I* worth 25s fld per owt. Frozen meat* : Market weaker, price of mutton has declined id per lb since last report. Prime New Zealnnd lambs are worth, per oaroase, 4}d per )b. If aw Zealand beef, forequarters, worth 3jd, and hindquarters 4|d per lb." The Gore Dairy Factory Company's shipment of cheese per Doric through Messrs Oruiokshank and Lovell, has realised as high as 58s In London, or 2a per owt. more than the other half of the shipment ■ent through another firm brought. — Mataura Bnslgn. _ _ Splendid returns have been received by Mr J. F. Herbert, owner of Ardmore estate, for mutton ao!d in the month of March by Messrs Fitter and Son. The net returns amount to nearly 3d per lb. nothing but very prime wether* were shipped, and the Courier say* the ownar Is well pleated with hi* London account sale*. Messrs Bold, Maclean, and Co. offered for aale on the 26th, by auction, at their rooma, the Glenary estate, together with the stock tharson. The property was p»BSed in at £10,000. Mr Robert Sutherland's farm, consisting of 120 acres, at Flag Swamp, was also offered for sale, and passed in, ,the highest bid for the property being £6 10s an aore. Messr* Dalgety and Co., Limited, have received the, following cablegram from their head office, dated London, June 26 :— " Babbitskin* : Large bustness at firm prices. The greater part catalogued were sold. A change, if any, is in seller*' favour." The National Mortgage and Agenor Company In their Sydney olroular, dated 22nd lnst., report i— " Owing to the wet and stormy weather experienced on and off during the past fortnight, together With the excitement of the general election, the course of business ha* been seriously interfered with, and the trade passing has been haphazard and unsatisfactory. Wheat i Transactions have been small, but as stocks la millers' hands are running low, there is a better inquiry. The market 1* quite firm. Flour i The market Is without alteration. The wet weather ha* checked deliveries ; very little new buslnes* doiDg. Stock* are firmly held. Oata t The market la without aotlvlty. There la no change of note to record in prloea for ordinary business, but a few moderately large parcels have changed hands at a ahade under our quotation*. Bran and pollard t Bran is in good demand. Demand slack. Follard not plentiful. Demand fair. Values have eased since our last, Oatmeal naa had but scant attention. Many of onr buyer* are stocktaking, and will only purobase under pressure in such oases. We hope for more active business with the advent of next month. Forage calls for no special comment. Supplies have not been been coming forward freely, but buyer* were well enough stocked not to be anxious. Market tteady. Potatoes: Import* daring the fortnight have been light. Demand steady, and prices have improved somewhat. A few fair export order* have helped »o reduoe stocks, but holdinja ace atlll considerable, Onions are firm at improved prices. Dairy products : Butter source, and in gooa request. Cheese wilhout alteration. Bacon dull. Hems, fair demand," The Outlerook farm, in the Totera Valley, was told at Tlmaru on Saturday by Xessra Grade, Maclean, and Co. to Mr Uldeon Butherford, of Kakanul, at £5 per acre. The amount of customs revenue received during the past month on goods oleared for consumption va* £33,099 0* 7d. The beer duty for the month amounted to £339 0* 3d.

The revenue collected at the custom hous* during the quarter ending June 30, 1891, on goods cleared for consumption amounted to £85,338 8s 2d. and the beer duty to £3977 12a Id. In th* corrtspondlsg Quarter of last vaar £92,560 18s 7d was collected as uty on goods cleared for consumption, and 43343 19* fld a* beer duty. Messrs J. A. Park and Co. disposed of tke following properties at auction on Tneaday :— Sections 20 and 21, block 111, Burk«, M 10 *; sections. 9 and 10, block IV, Burkes. Mi 10* ; sections 24 and 3s, block IT, Burkes, Jfl 10* ; the unexpirad term of Imm of part •f section 14, block XVIII, Dnn«din, tocethtr with a four-roomed cottage thareon, All ; and the right to the unexptred term of l«aae of station 17, block 111, Corporation rwervA, Carisbrook, together with an eight-roomed brick and alx*roo*n*i woodtn home thereon, M3O. Tke number of bag* of grain and produce received at tke Danedin railway station* ar* aa follow* j — Oata. Wheat. Barley. Bran. FoUtoei.Total.

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