DUNEDIN.
The "Otngo Daily Times" of the 12th»
reports : — ■ ' ' f " Nothing of commercial inteivst is .taUing place. Importers are exceedingly 'quiet, and second houses doing but little. The' Values of goods are not maternity altered,; though a little more firmness in some 'goods is apparent. The latest intelligence from Melbourne is to the effect that business h inoro active, with flour and sugary shewiug a "light improvement, and teas firm." The following is from the "Times'" of the 10th : — "Trade has not yet brightened up much, nor lias the business of tiio past week exhibited much improvement upou that of the preceding two or three weeks, presenting out few transactions of any magnitude, and but little deserving of notice. The prevailing disinclination to buy is further increased by the uncertainty as to the tariff alterations, and by the s apprehension that the West Qoust markets are again about to be largely supplied from Melbourne. In breaclstulfs, transactions hayc been very small, and prices have only v becn maintained. The stock of imported has not been increased, nor is there any immodiate expectation of, arrivals. Prices aro firm for sugars, and there is a fair amount of business doing, considering the limited quantity in first hands. The demand for teas has* been lighter, but rates fully sustained. Good brandies are again scarce, and command a slightly, improved figure ; nearly all tho Ilcnuessy's and* .Martell's immediately ci- ' pected, has been sold to arrive, and purchasers anxiously waiting delivery. The demand for all other spirits, and for wines, has not been brisk enough to affect rates, which remain as last given. There is very little enquiry, cither for bulk or for bottled ales :^«or do wo hear of any sales making by importers. Tho demand for stout is rather moi-c active, but is not heavy. Most of the late shipments of hams and bacon remaiu in importers' hands. The present price asked for best selected Sinclair's or Coey's — viz., Is 4d— • leaves but a small margin ; and a further reduction can hardly be reckoned on. Buyers, however, enn scarcely be induced to operate. Both salt and kerosene have considerably declined in value in Melbourne, which has materially weakened this market in both articles. Considerable quantities of damaged goods continue to pass into .consumption, through the medium of i the auction marts."
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West Coast Times, Issue 308, 18 September 1866, Page 2
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388DUNEDIN. West Coast Times, Issue 308, 18 September 1866, Page 2
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