COMMERCIAL NEWS.

Hawke's Bay Times, Volume II, Issue 82, 19 January 1863, Page 2

COMMERCIAL NEWS.

WELLINGTON. The arrival from London of the Constance and Wild Buck, since the date of our last Summary, with large general cargoes, has made business somewhat brisk during the last month, notwithstanding the usual holidays, which interrupt the ordinary course of trade, both wholesale and retail at this season. The weather has been very favorable for discharging the goods, and as a number of art icles were in brisk demand, considerable quantities have changed hands at remunerative rates to the importers. The Elizabeth, from Melbourne, and the mail steamer, from Sydney, have been the only arrivals from Australia. They had both considerable supplies.of sugar and other Eastern produce, but the market is at present pretty wellstocked with this description of merchandise. The fine weather has enabled the flock masters to proceed with their shearing operations, and the wool is now rapidly coming into port. The Asterope will leave in a day or two for London with over 1900 bales; and the Wild Buck, will commence loading immediately after discharging her inward cargo. We understand that the Chrysolite, at present discharging at Lyttelton, will also come here to load wool, in the course of the present month. The Constance will proceed in a few days to Napier, to discharge a quantity of cargo she has for that port, and afterwards take in wool there for London. She will probably call in here to fill up, if she does not get a full cargo at Napier. The non-arrival of the English mail of October, lias caused much disappointment. We hear however, of its arrival at Otago, and as the steamer from that port may now be expected every hour otir merchants will probably bo able to reply to their most pressing communications before the outward mail closes. The public nows from Europe has been anticipated by way of Auckland some time ago and we are glad to notice that the wool market is exhibiting an upward tendency. The demand for timber, cattle, and sheep for the Southern settlements continues brisk, and large quantities have been shipped since our last Summary, as well as pigs, poultry, butter and bacon. The prices ol the two last mentioned articles have rather receded of late at Dunedin, but are still such as to leave a very handsome profit to the producer. The continued demand for all articles of produce is proving a source of great prosperity to a largo number of our country settlers, and has a most beneficial influence, on the trade in Town, from the large sums of money which the sale of such articles sots in circulation, — lndependent, Jan. 10.