OTAGO.

Southland Times, Volume III, Issue 227, 8 June 1866, Page 2

OTAGO.

The Daily 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 endms 31st May, was £15,737 14s. Nothing of' ferv particular interest has taken place during the last 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 florr market has slightly rallied, and as the re=ult of advices, prices close firmer than last reported; as yet, however, no sales ot any ma<nutude have transpired. The sugar market is lookW well, and there is a disposition to buy, fcut the parcels held by importers are small, and advanced rates are asked which, or even higher price*, wifl no doubt be obtained directly. Messrs MiAadrsss, Hepburn and Co., held a sale of iardirare goods at their rooms, for the saleable portion of which they realised fair prices, without, however, getting more than half through thenlong catalogue. WEST COA3T. The KoTcitika Lzuder 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 arc mown to be exceedingly low— this market being in a bare and exhausted condition. As a natural consequer.ee prices are rapidly advancing to a .degree that leaves the imported the first tangible profits witnessed for months back. In produce more especially the change has produced very high advances. Oats are in demand at 7s per" bushel. Chaff, £25 to £30 per ton. Brar 3s 2d to 3s 6d per busheh Cheese is saleable at Is 4d to Is 6d per Ib. Butter, of unquestionable quality, fetches 2s 4d to 2s 6d m quantity. Wines and spirits have also become valuable, since the arrival of late advices from Yic'o a. Our Taemaiian files are to the 25th May. Th c Mercury remarks -. — The long continuance of dry weather so far into the aututnental season ha 3 had the effect of considerably depressing trade during the past month. We may during the past week, however, be said to have'had c trae touch of winter weather, and an increasing briskness in general business may be look d for. We have had one English arrival daring ihb month— the Alcyone— and her cargo ganerSiT has come to a good jnarkefc. She had, however, very heavy weather during the early part of her Voyage, having been in the same severe storm, or rather succession of storms, in •which the ill-fated London was wrecked ; and she a good deal of her cargo, but not to such an extent as to demand any special arrangements m the way of average."