Commercial Intelligence.

Timaru Herald, Volume XXXV, Issue 2245, 1 December 1881, Page 2

Commercial Intelligence.

Timaru Btrald Offioe, Not. 30. There is nothing of particular interest to record daring the past month's businesi. Trade is tonnd, and the failures for sometime put have been of an unimportant character. Althongh money is much more plentiful than it was three or four years ago, there is not that inducement to speculate that existed then. Traders are captions, borrowers are cautions, and lenders will only lend on really good freehold security, and bo long aa this state of things lasts, trade must continue tound, however slow it may be. The detestable paper currency of the colonies, know under the name of Kites," is no longer current, and no bills but legitimate trade paper find favor at the hands of discounters. The value of landed property has not altered. Suburban sections command what gome consider high values, bnt ai the town must grow and extend, prices that are no criterion for other descriptions of property must be paid for the land necea.«arv for the extension. The grain market is without animation, a circumstance usual to this time of the year, and quotations are merely nominal. Wool has begun to come forward, and -it promises to bo remunerative to growers this year. The season throughout has been a favorable one, and prices, which are fair, have the upward inclination noticeable m the Home markets. The exports for the month comprise: — 'Wheat, 13,382 sacks (53,916 buihels); oats, 11,179 sacks (44,707 bushels) ; barley, 670 sacks (2680 bushels) ; wool, 1498 bales : basils, 9 bales ; flour, 161 tons ; tallow, 20 casks ; malt, 200 sacks ; potatoes, 1 ton ;. hides, 47. Quotations are as follows : — Mr J. G. Allen, Belford Hills, reports as follows : — Flour, f.0.b., per ton, J211 ; ditto, aitto, per 1001 b bags, £11 10s; ditto ditto, 501 b, il2 10s ; sharps, £i 10s ; bran, £Z 10s. Messrs Taylor and Bowie report as follows : —Flour (wholesale) is fetching JBI2 to .£l3 per ton; best oatmeal, .812; sharps, JH, f.0.0.; bran, £3 10s, f.o.b. In building material, Mr John Jackson quotes aa follows :~ Timber— New Zealand white pine, from 12s per 100 ft; totara and black pine, 14s to 20a per 100 ft; do, Van Diemen'a Land, 22s per 109 f t; V.D.L. palings (sft), 225; do (6ft) 2ss, cash; V.D.L. shingles, 20s per 1000 ; spokes, 42s per 100 ; felloes, from Is 3d each ; boards, 12s 6d per 100 f t; scantlings, 12s 6d per 100 f t; tongued and grooved kauri lining, 18s; rusticated boards, kauri, 21s; Gospel Oak galvanised iron, £29 per ton. All km da of building material and blue gum timber are m good supply. Coals (Newcastle) are 36s to JJ2 per ton In the yard. Firewood is at from 35s to 40s per cord. Firewood (cut), 40s b.p.