OTAGO.

Press, Volume IV, Issue 453, 12 April 1864, Page 2

OTAGO.

Hy tho Vlicrbe we have our files from' Otago to the Sth iust" The -Daily Telegraph' oi Unit date reports :— Tin-s.s. Gothenburg anchored in the bay this morning, at 1 n.in., bringing dates from Melbourne to the :10th ult. Advices have tended to disturb the Hour market ; prices this day have ruled iroin t'2s to .fit) per ton ; several pureliasers'wcre enquiring at the former price, but in only one instance has it transpired that a purchase was oficefed. The late rise in the price of this article here influenced hnldi-r.s In Melbourne, and orders hence could not have been executed there under £•£& lOs to £_:t per ton. We may reasonably look for a moderate supply to meet wants, but in the face of a failure in the Australian wheat crop gciHTully, prices are not likely to fall much below the present rate of XHS per loii. The Gothenburg and Hero, from Melhmirne. and the Wilhclmina. from Adelaide, will have together loii'i tons. Kerosene and tobacco have already felt the ellicts of former advices, and those received by the Gothenburg will create a Jirniness in the rise which has already taken place. Hills of lading have been received for about 10;> iihds of the October ale shortly to arrive; buyers Kre out of the market for the old stock. We regret to report the necessity of a firm in town calling a meeting of their creditors. Kecent disasters, and the tightness in the money market have contributed to cause this step. The extensive bonded stores of Messrs. Cleve & Co. are about to pass into the possession of a firm doing a large shipping air- ncy. the price stated as. having been given, which is large," shews the value which this kind of property is estimated at in Duncdin. When the excitement attending the arrival of the Gothenburg and others expected shortly ceases, prices of goods may be quoted more correctly than can possibly be done now. Messrs. M'Landrc.ss", Hepburn. & Co, report a side of wines and spirits this flay, lit which the following prices were netted :— Central Vineyard pale brandy, 20s per case ; Downie's old torn, l-s per ease; imperial "pale brandy, 4s Id per gall : imperial dark ditto, -s '.id per gall ; do pale, in case, 7s per dozen, all in bond ; sparkling hock, 21s per ease; sugar, ill bond, Victorian Company's No. 1, £43 per ton ; Cape barley, 4s 4d per bushel.