COMMERCIAL.

Grey River Argus, Issue 59, 29 May 1866, Page 2

COMMERCIAL.

Otago.— We take the following from the Daily Times ot the 21st inst. :— ' ' The departure of. the outward mails and anticipation of * the receipt of the inward mail has prevented any considerable amount of business being done during the 'latter part of the week ;.tho,ugh t during the early part, there was a tolerable amount of miscellaneous ir.ule doing. There being now every facility for getting goods off to the interior, country buyers are stocking themselves for the winter, and some activity is witnessed amongst houses engaged in this •branch 1 of trade. The amount 'of orders for export is considerably in excess of the supplies, yhich can be despatched in execution, and we are thus losing, for want of suitable goods, a considerable portion of the trade which vwmld otherwise be secured. " In the breadstuffs market, every description of flour is dull — prices rtre nominally the same 'as named in last quotations ; but if is believed that for parcels of Chilian lower prices would readily-, be accepted. Spirits have shown a little activity, and ' m addition to the sales of Hennessey's bulk and case already noticed, there has been a fair number o£ lesser 'transactions, the'm'hrkef has a decidedly improved tendency. Sugara are quiet, with rates not sensibly affected by the last I Australian advices. Teas have been in enquiry, and several parcels vi magnitude, chiefly of good medium congou, have changed hands ; prices obtained show fully maintained rates, but no advance. Buttcr-and cheese still continue high, and are the ; only articles under the head of provisions which are in supply in anything like sufficient quantity for requirements. ' Kerosene is held at the advanced r.ate of /5s 3d. Candles are scarce, and for full weights Is 6d is obtainable. Malt has been selling as high as 18s (jd 7 for small lots. "Hi malt liquors not. much has .^eeh done. The few. bulk ales in importer's hands have not been pushed. Alois in bottle are not iv much enquiry, and the stock of stout ill bottle is too small to ■ alow of any large" transactions. ..-" MEiBOLTRSE.— By: the Otago, fron; Me'? bourne, news to 14th instant is to hand, via Dunedin; The' Argus reports as follows y^ ■■■" '' ' . . ; . >Xt an early hour in the morning the" Ehgliwi; mail telegraphed from'-iVdelaidc, !§&l.'. owing rfto/tho late speculations a'&ood.

deal of anxiety was evinced to arrive at the probable effect^adyices rare likely to haye on ■£ the markets, ! 'ahd;falmo'st j& '^otal suspension of business followed. The market for bread- > stuffs closed witfiout any change on yestef- y day's quotations FJbur at Ll7 to Ll7 10s ; Victorian;, at Lls 10$ and Chilianand Californian at Ll4 10s to LI 6. Of wheat the only sale reported is a parcel of Port MacDonuell, placed at 7s 3d. Maize is firm at- 6s, and bran has advanced to Is 9d. For salt, i^i consequence of short shipments, an active inquiry has been maintained ; about a hundred tons of coarse were placed at L 5, and ro:ne forty tons were quitted at L 5 ss, and holders, it is more than likely, will next week look for L 6. Attention has also beeu directed towards candles, and two parcels of 800 boxes and 500 1. oxes respectively, changed hands on private terms. "The balance of a bin of malt, 1,000 bushed, and an entire bin of 1,600 bnshel*, were qnitted at 10s 6d, showing, if anything, a rather weaker market. In provisions we hear of some seven tons of hams and Ihicoii having been placed at Is 6Ad, in bond, to arrive. The list of exports from England for March, published this morning, leaves ns little to sivpplement ; but we learn from Calcutta that there were no departures during the month, and only one vessel was loading rice for the colonies. From China, we are informed that no vessels had sailed for the colonies, -and stocks of teas for the season had been exhausted From America, private telegrams state that kfcrosene was cheaper ; three vessels had left for Melbourne with 14,800 cases, and two for Sydney with 14,000 cases.