COMMERCIAL INTELLIGENCE.

North Otago Times, Volume II, Issue 40, 24 November 1864, Page 2

COMMERCIAL INTELLIGENCE.

Oamaku TiMr-i Office, Wednesday Evening. The weather it igain dry, an 1 the road tiaffic has been resumed. Although the wool harvest is not yet general, dray loads of the eailiei clip'may be seen daily arriving in town for shipment. In regard to crops the weather hag been all through highly M3nsonnble, the gtowth of everything in field and garden is> luxuriant, and a heavy haivest may be looked for. Anions , other eiops m tins neighboihood, considerable breadth? of land have been hud down in English grasses. At Totara, Awainoa, Waikaura, Cave Valley, &c., these have thnven remaikably well this season, and afford eiifouiagenient for farther cultivation. The produce market icmains piettv much us last week The flour maiket is steady. Adelaide, £35 pei tonj Oamaiii, £30. RETAIL PRICED CURRENT. Sugar, yellow rustul ... pel lb. 0 7 ~ white do , do 0 1\ ~ common counter .. do 0 6 Tea 3s (5d do 4 0 Coffee ... . .. la 8d do 110 Mixed Pirklf") ... per bottle 1 9 Cheese, English . . . Is 8d per lb. 110 Colonial ... . Is2d do 14 Hams do 1 6 Bacon do 15 Cv wants . B<\ do 0 9 Raisins 10d do 1 0 Jams, Colonial do 16 ~ . do 1 9 Bottled .Flints) .. do 2 6 1)\ led Apple* . do 0 10 Candles, Sperm . do 16 „ Tallow ... do 0 9 Butter, Coik , do 1 l> ~ Wellington do 2 0 ~ Fresh . . do 2 6 Eggs • ...... per doz. 2 0 Salmon ... p t i tin 2 3 Saidines . half-tin 2 0 t, . qr-tin 1 3 Tobacco, 7"wist ... pci lb. 9 0 ~ Cavendish and Honeydew do 7 0 Mutton . 8d do 0 9 Beef 8d do 0 10 Joints ... . do 0 10 Pork 10d do 1 0 Bread ... . .. pei 4-lb loaf I 4 Flour ... per lb 0 5 OiuorM do 0 6 Potatoes . . ... pei htone 1 8

DTTXEPIN TRADE REPORT -Business, since our last H])Oit, lifts shown n decided improvemt nt over that of the last few Tlip constant wet weathei dining the week li.is had a pipjudicidl iuilu< nee, but oideis mo coming foiward moic freely fro,i luterior, and tlieie is pveiy of a good, although long delajed, spring tiailf Flow is fitm 'it £30 to £31 for Adelaide, and £2G i<>r Chili.in, J'akeis complain, and not without rwison, of (lie manner in winch a good deal of the flour in this rnaiktt m nuxid They are iiequently made to pay the Inchest pi ice for an inferior nitido Hams and bacon mc ndlioi fceaiee and inclined (o advance. Biandies aie a slmde lower. Bottled ales mid beer, of the bent brands ate in request. In tho Pioduce Market, except in o.tts , , tiarj'.acfions have horn veiy limited, Farrnr-ih nit disinclined to pait with their oatf. at lors than %h 0d to 4<<. Huotch have been sold in quantities at 2s 9d to Us. Good potatoes, nt for transportation to the diggings, aic suuee. Rain, which was ao much needed at the date of our last report, has since fallen in abundance, and at the riorht time, so that the giowing crops are greatly ievived, and have a most promising appearance, the only complaint being in lefeience to the grub, which has done some damage. The ground is not in a good state for turnip sowing, but it is expected that there will boon be a cessation of wet weather.—Witness.

STOCK MARKET.-(From Messis Driver Maclean and Co.'s Live Stock Repoit, November 18th )— Although we are unable to report any material change in prices during the pa&t month, a fair amount of business has been done, and the market geneially may be considered in a moio healthy state than for some months past. At this season of the year we may reasonably expect a slight dullness in the maiket, as most of our ruuholdeis aie engaged with shearing, and aio not inclined to enter into transactions, or forwaid fat stock to market, until thib work has been completed ; after which we anticipate a first-class store stock, and a much better supply of butcher's meat, It is also a well-known fact that we have just passed the most unfavorable time of the year for producing fat stock, in this portion of New Zealand; and we may always expect to find a scarcity of good mutton and beef at this season; we are, however, advised that the stock throughout the Province is fast improving in condition, and we may look for better quality in lots coming to hand.

MELBOURNE —Tho " Argus" of the 14th instant gays :—" Messro R. Ooldsbrough and Co, held their customary weekly sale of wool at their warehouses today. There wai a good attendance of purchasers, and the prices obtained ehowed a very firm market. Most of the larger parcels wore, however, withdrawn for further instructions from growers, pending the arrival of the mail advices or were bought in at pricea above ■buyers' views. Greasy wool brought from lldto Is 2d; fleece, Is tyd to Is lid ; scoured sorts, from 2a to 2s Id per lb. 1732 bales were catalogued, of which 509 bales were disposed of."

LONDON WOOL REPORT, Sept. 24th, 1864.— Since the close of the sales there has been little doing; the clearness of money creates much caution, and, except for qualities to complete orders, few contracts

have been made. The failure of the Leeds Banking Company has created much distrust in the north, and there is an evident indisposition to extend operations except for actual requirements, hence there is scarcely any inquiry from the north For the Continent there has been moie doing, and certain descriptions, particularly woob of a faulty character found to bo cheap at the July sales, are slightly in demand, but are wanted at last sale's iates. Dealeis, although anxious to sell, if only cost and chaiges can be covered, do not press their purchases on tho market, and in consequence our maiket may be quoted firm, but with scarcely any business. Without there is a great change for tho better in tho rate of discount, wo do not look for last sale rates being more than maintained ; but if, with tho present high lange of money, there are to ho failures in the north, we shall have a decline in the prices of wool with a flat market. There is a good consumption going on and the manufachuers are fairly omployed, but there is not so ldi go a number of now orders out as might fairly be looked for at this season of the year. Tho following is from the "Leads Meicury :"—'"There has been very little business doing in any kind of wool duiitig the week, probably less than has been done foi a long time, and if sales of English wool were piessed, lower pi ices would have to be taken. The high rates of the last twelve months no doubt arose from a legitimate demand, and would have to be maintained if the consumption had continued. It is now being reduced, and the apprehended dearth, as has been the case in former periods, \v ill pi obably be averted. Colonial wool has never i cached an extravagant price, and there is no alteration in its value at The suspension of the Leeds Banking Company, and the results flowing from it, are engaging the thoughts of a gieat many persons, and piodncing much anxiety, loss, and inconvenience"