OTAGO.

Southland Times, Volume III, Issue 276, 7 June 1866, Page 2

OTAGO.

The T)a%ly Times, Ist June, has the subjoined items of commercial intelligence : — The total amount of revenue at the Custom House on goods cleared for consumption for the month ending 31st JMay, was £15,737 14a. Nothing of very particular interest has taken place during.the.lasfc.day.or.two, though business has been by no means dull. A fair amount of trade for export is doing, and, notwithstanding that the ... weather is unfavorable, a ' considerable amount of goods for up-country requirements is in. course of' despatch. The flour market has slightly rallied, and as tEe result of advices, prices close firmer than last reported; .as yet, however, "no sales of any magnitude have transpired. The. sugar market is looking well, and there is a disposition to buy, l»ut the parcels held by importera are small, and advanced rates are asked which, or even higher prices, will no doubt be obtained directly. Messrs HTLandreßS, .Hepburn and Co., held a sale of hardware goods at their rooms, for'the saleable portion of which they realised fair prices, without, however, getting more than half through their long catalogue. "WEST COAST. The Hokitika Lauder of 25th May reports : — The last week has been characterised by a very considerable improvement on late quotations. Stocks of nearly every class of staple goods aro known to be exceedingly low — this market being in a bare and exhausted condition. As a natural consequence prices are rapidly advancing to a degree that leaves the imported tho first tangible profit&witnessad for mouths. back. _ In produce more especially the change has produced very high advances. oat 3 are in demand at 7s per bushel. Chaif, £23 to £30 per ton. Bran, 3b 2d to 3s 6d per bushel. Cheese is saleable, at Is 4d to Is 6d per lb.' Butter, 01 unquestionable quality, fetches 2s 4d to 2s 63. in quantity: Wines and spirits have also become yahiable, since tho arrival of late advi es from "Victoria. g iOur.Tasmanian. files are to the 25th May. The Mercury remarks : — . The long continuance of dry weather so. far into the autumental season has had the effect of considerably depressing trade during the past month. "We may during the past week, however, be said to have had a true touch of winter weather, and an increasing briskness in genera^ business ir.ay be looked for. We have had one arrival during the month — the Alcyone — and her cargo generally has come to a. good market. She had, however, very heavy weather during the early part of her voyage, having been in the saina severe storm, cr rather succession off storms, in •which the iil-fated London was wrecked ; and she damaged a good deal of her cargo, but not to such an extent- as to demand any special arrangements in the way of average."