INVERCARGILL.

West Coast Times, Issue 138, 27 February 1866, Page 2

INVERCARGILL.

The Southland news of the lOfh instant*

reports .—. —

Tho avcclc closes without any marked chango in business matters. Tho reports which aro daily roachingtown of fresh discoveries of gold in the vicinity of Kiverton, infuse a largo sharo of hopo into tho minds of tho trading community, that a period of rcuowod activity is about to sot iv. Tho resumption of tho railway works, by giving rouiuuorativo employment to our surplus labor, has already benefited the small traders. Flour, Adelaide, is quoted at £31 to £32 por tou. Potatoes (now), from £7 to £8 por ton. Wo extract tho followiug from the 6'otilliland Times of tho 12th instant : — " Dnriug tho past wook business has shown decided improvomeut. A considerable quantity of wool for shipment has arrived, and largo ordors for country consumption havo boon executed, Tho market, goncrally, has an upward tondenoy. Good sound Adelaido flour is firm at £32. Tho damaged goods, ox Rebecca, brought oxtreino prices. Teas and sugars aro still wanted, aud formcrpricos fully maintained. Trade generally is improving. On Wodnesday last, Mi 1 . John Munro sold by auction, on account of whom it might concern, at tho Btores of Messrs Morisou, Law and Co., Esk-sf root, and at the Jetty Stores, a portion of tho cargo of tho brig Rebeccn, from Melbourne, consisting of flour, tea, sflgar, and sundries, all moro or loss damaged by soa water. Thero was a good attendance of buyers, and tolornbly brisk competition. Flour (Adolaido) brought from £23 to £26 por ton. Toa in quantity, from Is 8d to 2s por lb. Sugar (Mauritius) from 26s to 32s per cwt. Tho miscellaneous goods sold woll. [Sinco tho abovo was in typo wo havo Invcrcargill papers to hand to'tho 21st instant, but they add nothing of importance to commercial intelligence.]