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Dunedin.— The Daily Times, of the 30th ult., reports as follows : — In the business of the week just closed a fair amount of animation has been witnessed and for most goods a steadily maintained demand experienced. In town and country trade the improvement has been more felt than in business for coastwise requirements, which has not yet recovered any great activity. In the markets there are few alterations to notice ; one or two items have changed in the direction of improvement, but quotations are generally at previous rates with firmness. Breadstuff's have slightly advanced. At the mills, town-made flour is quoted at Ll9 to Ll9 los. Good old samples of wheat command 7s; inferior and new, 6s 6d ; barley, 4s. Oats have again reached 3s. The demand for export hag been good, aud to a moderate extent continues ; but old oats are becoming scarce. Potatoes realise L 7. A steady trade continues to bs done in sugars, at maintained rates. Late advices from the Mauritius have further tended to harden prices. A better demand has also been experienced for teas, and though no very heavy transactions ar« taking place the prospects of the market are becoming better. Provisions are dull ; bacon and hams without change, the scanty sales made evidencing no alteration in prices. Imported cheese is heavy

in stock and difficult of sale at prices covering cost ; colonial in small parcels barely realising Sd. Butter slightly improving. The spirit trade has been quiet, buyers holding over for Home mails, the intelligence by which Las not, however, affected the market except in Genevas, which are held for a fui> ther advance. All other spirits remaining very firm. Sales of new brew ales (chiefly M 'Ewan's) are reported at prices not transpiring, but supposed to be nearly or quite equal to previous ruling rates. Ales in glass continue especially dull. Good brands of stouts are in increasing request. Cornsacks have beeu iv active demand ; early in the week sales were made at 14s ; soon after, however, 15s was obtainable, and even a better rate had to be paid for some small parcels ; the stock in hand is held by one or two firms, who demand prices which at present have not been conceded . Malt and hops barely maintain last quotations, Kerosene ; is also weak ; the market nominally without t change, but nothing doing. Transactions in candles light, but rates maintained.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18680407.2.5.2

Bibliographic details

Grey River Argus, Volume V, Issue 348, 7 April 1868, Page 2

Word Count
399

Untitled Grey River Argus, Volume V, Issue 348, 7 April 1868, Page 2

Untitled Grey River Argus, Volume V, Issue 348, 7 April 1868, Page 2

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