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COMMERCIAL.

Lt/iteltoit Times Office, Friday livening. The-GMtom'S'. revenue collected at Christchurch tp-daj, amounted tp.ilSl 2s 7d. The follbiring were the items :r r -'Vyine,:£s 12s; spirits,i 132 15a 9d; beer(bcttled),£B:Gs3d; tobacco, £2B i2a 6d ; ; goods per irieasuremeht, £ls 168 Id, A fair: but limited business has been doing;: during, the pastyreek, and the demand; has arisen entirely toi supplythe actual requlrementsof immediate consuniptipn.. Alt'specii-.: latiye; feeling is; entirely/deacl, and. buyers exercise the.greatest care in not increasing their already too heavy stocks. There is a feeh'ng,abr6.ad.ih our markets of gradually returning' confidence, and in tlie absence of further, failures, we expect to see.this feeling quickly:gaining strength; Our stocks: of all desenptiohs,of merchandise are Btill very heavy; but;,asshipments : are greatly oh the. decline, and the:wool Beason. close at hand, we |ook forward at: no distant date to a decided improyemen;t.ih.our;mercaritile affairs. ■■■, Some: shipments of:Bass'E.i. : pale kle have, been cleared:out. at., full;, market ipribes;.and; Othergood brands of pale: ale in bulk, suchas Jeffrey's, Dawson's, Set, aremore":jh demand: for the summer trade. Bulk itbut'is'not nrach asked for, but sales are made in limited: quantities to the trade; add for bottling pur-: pbies; Fencingwire^contiituestosellwellat good prices- and there is a moderate inquiry for station such as medium teas, , tobacco,.second-counter..sugars, Bulphur, &c; ..Woolpacks arc sellinglow, andjeave very little marginof profltto theimporter. Gkimiacks are selling pretty ffeely y atunremunerative prices - /.Teas Hre.rather low in stock, and sotnenew feas just to hand, ex Red Rover, are' Amoving off well, (sugars are not by 'any :;meanß, heavily;held in : stock, but: as; a .direct from .Mauritius is expected, the; supply .:.-will shortly.be quite equal .-to the demand'. Geneva is. lightly held; and:.iunless. arrivals' take place shortly: stocks will soon be low. : Rum;'.lo o.p: : ; is also;, low in. stock, hut the .demand at this Beason; of .'the year 'is very .limited. ; Oilmen's : are'-j.h Bliglitly '.■ibetter <3emand; 0 >' : ; ; :■':;':.

:''"; The market continues.ahuhdantiy.supplied .with money seeking inyestment upon mortgage, and discounts.for trade.purposes are fairly easy. The rates of; exchange arid discount are.unaltered;: , ';,. ';

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT18671012.2.4

Bibliographic details

Lyttelton Times, Volume XXVIII, Issue 2125, 12 October 1867, Page 2

Word Count
328

COMMERCIAL. Lyttelton Times, Volume XXVIII, Issue 2125, 12 October 1867, Page 2

COMMERCIAL. Lyttelton Times, Volume XXVIII, Issue 2125, 12 October 1867, Page 2