OTAGO.

Press, Volume VII, Issue 796, 18 May 1865, Page 2

OTAGO.

4he Daily Tme* % of the 15th instant* has the following commercial report:— The operations of the week just closed have been few and light, business having been effected by the wet weather prevailing, and by other causes. Both the country trade and export trade coastwise, which were moderately good at the opening, fell at the close, fearing the last two or three days rery quiet. A tolerably steady demand for floor has existed, bat only in small parcels, for direct consumption; the sales of Adelaide have in particular been in trifling lota, at £24 IQs to £25 on short terms. Chilian has * been moved off at nearly last week's rates; but buyers are disinclined to male other than small pur- * chases at holders* prices. Provincial ground flour, from home grown and other wheats, is now, to some extent, coming into competition with imported floors : the parcels now in the market, as compared with the production of previous seasons, show that on? nutters have made considerable improvement in ilie manufacture. Sake have been made at £19 to £19 10s. Sugars have been qniet, only limited panels changing, hands, but prices showing no tendency to reduction. "Victorian No. 1 white is atQl scarce, and in demand. Teas—some parcels of ordinary and medium congous (late shipments) have been placed at fair rates, taking into account the sales for tewn and country trkde a fair amount of business has been done. Spirits—No transactions of _any magnitude have come under observation. MarteU's and Hennessj'B brandies, in are held for 8s 9d " to 9sT*whlch rate, except for small parcels;-buyers aro as yet disinclined to eoneejdW": Case brandies of fiur qualities have become more scarce, particularly HenneaayVE some price has taken place. The low rates ruling in the Melbourne "market fir genevas" have induced considerable ship--sent* to this, consequently our rates have sltthtjy receded. In provisions-—-Hams are. still greatly in demand, but scarcely obtainable at any prices. Bacon ? in good supply, without any alteration in value. Butter, wanted, the consumable portion of old-Cork has .bees nearly exhausted, and the only Bates'making are of colonial imported, good parcels of which continue to realise Is 4d up. The market for balk ake and beers shows animation. Ales ytii been m glass are not-moving off briekly--r«ry little except for town trade is doing in these <i ii it ill r ■ - ■■ ■...•-.-