COMMERCE AND FINANCE.

Poverty Bay Herald, Volume XXIII, Issue 7665, 29 June 1896, Page 3

COMMERCE AND FINANCE.

London,. June 28. Sheepskins are in 'good derhnnd. Prices are unaltered. Foochow, Juno 28. The steamer Tsinden sailed for Melbourne yesterday with a cargo of 1,400,0001bs tea. The steamer Guthrie leaves for Sydney to-morrow with 1,000,2001b5. The market is steady with fair demand and moderate transactions, and has been cleared of all fine teas. . The New Zealand Loan and Mercantile Agency Company (Limited) has received the following advice dated Londoh 26th June : — ''■ Sheepskins : There is a rather better demand. Merino, market slightly weaker, crosabred, market firmer." . . The professions of the New Zealand Government that they are desirous of encouraging reciprocal trade with other colonies are regarded with some amusement by Australian papers, which point to the inconsistency of such proposals from a Government which has imposed a poll tax of £50 on commercial representatives from other colonies seeking to do business with their people. Advantage, says the Otago Daily Times, was' taken by Bishop Nevill, of Dr Ogston's presence at "a meeting of St. Paul's Association in Dunedin on Monday evening, to ask the' doctor's view ns to the desirability of manuring, so largely as was usual, the ground in which vegetables wero grown, the Bishop observing that he sometimes wondered whether the manuring was not in itself a source of evil or might bo so. Dr Ogston replied that fresh manure was .of no avail— it must .ripen and putrify. If manure was well ripened and fermented it was thoroughly good, and it was probable that in the process of fermentation the noxious germs were for the most part killed. Dr Ogston added that there was no earthly reason why dairies should not bo kept clean. He had seen in Holland a dairy, off the stones of whioh one could eat a dinnor, and it was the people there who were beating us in the matter of a milk and cheese supply. If we wero going to supply the world with meat, milk, cheese and butter wo must take care that ths noxious germs which caused cheese to ripen badly and spoilt moat in transit woro kept from them. We were, he said, not half careful enough about that. The Singer ManufacturiDgCompany, which originated in a humble venturo, backed by the modest capital of 40 dollars (£8) borrowed money, now commands » working capital of £2,000.000, and threefourths of the sewing machine trade of the world as well. An army 53,000' strong represents its employees throughout the world (with 4000 vehicles and 6600 horses), 12,000 of this host being employed solely in manufacturing machines. E. Chrisp, resident agent.— Advt. The famous Victory Sewing Machine is the . latest and most perfect of Sewing Machines. It is adapted for household and work-room use, and is o.ipable of performing the most artistic fancy work. The prices vary irom six guineas, and any of the .machines can be purchased on the. easiest of time payments from the New Zealand Clothing Faotory, the local agenoy, — Advt.