COMMERCIAL INTELLIGENCE.

Southland Times, Issue 966, 10 June 1868, Page 2

COMMERCIAL INTELLIGENCE.

Times Office, Monday Evening. The following are the Customs returns for — Monday, June 8.

The following commercial intelligence is extracted from the "Otago Daily Times/ Ist June : —

" The last -week of the month is usually a slack one with first houses, and the week jii3fc closed has in that respect been no exception to the general rule. There has, however, been a fair demand for miscellaneous parcels for upcountry and coastwise requirements, and there are, in each department of trade, indications of an improved inquiry setting in almost immediately. Ho transactions of particular interest can be referred to. Sugars continue to command full prices ; but little has been doing, or will take place, until the sale of the Craigellachie's cargo, advertised for the 9th. Teas of medium and good qualities have been in good demand, and sales are reported at full rates. Advices from Melbourne, where large sales have taken place at advanced rates, have operated favorably on this market, and holders are very firm at qnotations. A slightly better business has been done in malt liquors, but without any alteration in values. Stouts and ales in glass, and bulk ales, have each been moved in moderate parcels. Spirits firm at rurrent values. Genevas and rums, both exceedingly scarce. Brandies and whiskies are not coming forward in full supply, and both articles more inclined to improvements than otherwise. Cornsaeks in better supply ; sales, at 1 5s 3d to 15s 6d. Kerosene and candles dull, and without an j present prospect of alteration. In the timber trade, some transactions have been going forward. All the parcels of Baltic timber lately in first hands are reported te have passed into the hands of a second house ; the value, in consequence, has ■materially improved, and any good parcels of deals now coming to hand would command buyers at paying rates. The market for breadstuffs has been maintained, so far as valuta are concerned, bat with very little indeed doing. At the mills, town made flour is quoted at £19 10s ; bran at Is ; Chilian, £21 to £22, fccording to terms and parcels ; good wheats, 7s 9d to 8s j barley, 4s 3d to 4s 6d. Oats cannot be quoted at over 2s 6d per bushel, at which price full sup plies are available without meeting any enquiry, is'orne trifling shipments have been making i'rom this port, but it ia not apparent that the despatch of a considerable quantity would meet with any better result thau the loss of twopence or threepence per bushel. Intelligence I'rom the West Coast of America reached here per Punama mail. Irom Valparaiso advices the following are extracts up to date April 3rd. But little grain has been brought down for shipment; anil as previously noted, nearly all the available quantity is in the hands of capitalists, who continue able to dictate prices. The Astrea had been taken up at £3 10s to load breadstuff's for Auckland, but no other vessel was loading for these Colonies. Recent sales of wheat made to the extent of 3,50,000 fanegas exhibited prices ranging from 3dols 75c to 4dols per 1551 b, at which last price the market closed, rales of flours lor shipment had been at irom 7do, 37ic to 7dol 75c f.o.b. per 2001bs ; the being the closing quotations. Californian advices o a few days later (san Francisco, April 6th) report — best wheats, at 2dols 4Jc to 2dols 50c ; barley, at Idol 90c to 2dols ; oats, 2dols 30c to 2dols 55c. Best brands flour, 7dols 25c t-.» 7do[s 75c ; second ditto, 6dols 75c to 7dols, with but little doing. Tonnage plenty, freights low, ;ind no grain charters on the market."

Brandy, 27 gals £16 13 7 Ale, 843 gals 52 13 9 Wine, 84 gnls 16 15 2 Tobacco, 73 lbs 9 2 6 Tea, 597 lbs 14 18 6 Sundries 2 7 0 £112 10 6 Tuesday, June 9. Beer, 307 gals £19 3 9 Sugar, 2240 lbs 9 6 8 Cornsacks ... ... 18 6 £29 18 11