COMMERCIAL INTELLIGENCE.

Southland Times, Volume I, Issue 30, 9 August 1864, Page 2

COMMERCIAL INTELLIGENCE.

Southland Times Office, mojtdat evening. The Kevenuo collected at the Custom House for the past two days, for articles cleared for home consumption, has been as follows" : — Saturday, £65 13s. Od. ; to-day, £96 19s. sd. ; together, £162 12s. 5d., being duties levied as follows : —

Messrß. Robertson and Co. sold on Saturday, at • the Royal Hotel Sale yards, Tay-street, a. mob of "■ mixed cattle. Milch cows fetched on an average £11 10b., and two year old heifers and steers £7 10s. The same firm Bold to-day the goodwill of the lease of the Royal Hotel, for £71. It has two years to run from July, 186-4, and is subject to an annual ground rent of £120. On the expiry of lease the lessee receives £400 as valuafor the buildings from the proprietor. We have no farther change in quotations to make since our report of Saturday last. Flour is unchaaged in price for the past week ; Adelaide brands being held for £32 per ton, at which figure we quote current rates. No best brands are at present in our market. On the subject of the recent heavy decline in flour, the Otago Daily Times say3, in reference to the Melbourne market price of that article : — " A decline of about £5 per ton from the highest point has taken place, consequent on the advices which we received here ten days ago vid Auckland, intimating that about 3000 tons of flour had been shipped for the Australian Colonies from Valparaiso. Why such advices should have the effect of creating a panic in a market, which admittedly requires a foreign import, of about 20,000 tons, to meet its actual consumption till next harvest, it is difHcult to comprehend. By private advices, we learn the suspicion had begun to gain credence in Melbourne, that the panic was fomented by parties who knew the real position of the article, and were desirous of stocking at the low prices to which the panic was expected to force it down ; and this is confirmed in a great measure, by the fact that in Adelaide, where the actual state of matters was better understood, the decline has been comparatively trifling. As regards our own market, at the present moment, we have not more than 300 tons in stock ; and the only cargo of Adelaide flour that is known to be on the way is the Trader, with 175 tons, so that unless we are supplied from sources of which we are at present ignorant, there is no occasion for any feeling of alarm on the part of the holders."

Brandy, 91 galls, £40 18 2 Genera, 64* „ 28 16 7 Rum, 58 „ 28 16 0 Whisky, 53 „ 23 17 0 Ale, in wood, 250 galls 6 5 0 Tobacco, 232 lba 17 8 0 Drapery 3 4 0 Sundries 13 7 8 £162 12 5