COMMERCIAL

Otago Witness, Volume 26, Issue 2419, 26 July 1900, Page 32

COMMERCIAL

During the month of June the following produce was shipped fiom Dunedin: — Butter, 429cwt, valued at £2353 ; cheese, 4439cwt, valued at £10,205; lamb, 6653 carcases, valued at £3150. From Oamaru therj was shipped: — Beef, 17cwt, valued at £16 ; mutton, 5457 carcases, valued at .62729 ; lamb, 17,-113 carcases, -valued at ;CS5i9. From Invercargill there was shipped : — Cheese, 1455cwt, valued at £3892; mutton, 13,274 carcases, valued r.t ' £7091 ; lamb, 12,607 carcases, valued at ."6519.

A London cable states that the American visible supply of wheat is 58,242,000 bushels. A Sydney message states that the Colonial Sugar Company have advanced the price oF sugar 10s a ton all round, except No. 3. r rhe Coloniil Sugar Refining Company, Auckland, have advanced all grades of sugar 5j per ton. It is reported tf.at the business of Messrs Briscoe and Co., having ls,rge trading houses at London. Sydney, Melbourne, Dunedin, Auckland, Invercargill, and "Wellington, has been formed into a limited, liability company, with a considerable capital. The head offices will be in London as heretofore. The business is perhaps one of the largest and soundest in the colonies, and it is *reported that tho recent boom in the world's metal markets has placed the business in a position far exceeding that of previous j-ears. Mr Eugh Macneil, po well known in Dunedin for many years, is largely responsible, for the firm's sreeess in the colonies, and the flotation of Briscoe and Co. (Limited) promises to forge another ioint stock company link of magnitude in trie trade of these- colonies with' that of the United Kingdom. Mr Hugh Macneil, jun., we understand, will be the managing director of the new company.