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OTAGO.

The " Otago Daily Times" of Jane 3 reports:— The total amount of gold exported during ' the past month was 15,2510z5. lOdwte. —the duty on which was £1906 8s 10d. The total quantity of gold exported for the quarter ended 30th June was 54,03 iozs. Bdwts.—the duty being £6754 6s 4d. Throughout the whole of the past week business has been quiet, and, with the exception of sales made for actual requirements, little has been done in any department of trade. The receiving and storing of goods, per late arrivals, has formed the chief occupation of our traders. As contributing to keep things so quiet, may be noted the stormy weather, the non-arrival of the home mails, and the absence of intelligence from Melbourne and the West Coast. The Eastward Ho, from New York, has added to the stock of American goods, some of her cargo arriving to a very good market; but no other arrivals of importance have taken place. Flour has been dealt in very sparingly; both in Chilian and Adelaide operation have been restricted to small lots, prices remaining unaltered. Teas have been placed at maintained rates for good and best sorts, but at a shade easier rate for common ; but the amount of sales thus made have been small. The sugar market remains inactive, with a tendency to advanced prices for better sorts. Fine crystals have become comparatively scarcer, while low class sugars remain heavily in stock. The market for provisions is in the hands of second houses, importers having placed all or nearly all of late shipments. The stock of first-class hams and bacon is light; and of second brands but few parcels are to be had. Good colonial butter retains its value, while Cork butter long in stock continues to be selected from for consumption in consequence of the high price of other kinds. New shipments of ale have been disposed of at good rates in moderate parcels. In bottled ale and stout the market ie dull, and heavy lots are still in importers , hands. Spirits of all descriptions have been without any animation. Buyers, who can take up large parcels of these goods, will not buy pending the arrival of the mail from Great Britain, and scarcely any exports have been made. The general quietude leaves us without anything of special interest to record. Driver, Maclean and Co. report that they held a sale of sheepskins, hides and tallow at their stores, High street, on Saturday, when, although the attendance was not so numerous as was expected, bidding was very spirited, and every lot offered clanged hands. The prices realised were—for sound, heavy hides —say, 75 to 100 lbs., 2Jd per lb ; eound —60 to 75 lbs, lfd to 2d per lb. Faulty and inferior, 6s to 8s each j eheepskins, 2s 3d to 3s 6d each; tallow, £26 10s per ton. The "Oamaru Times" of the 29th ultimo reports: — The weather of late having been open, dry, and mild, there eeems to be a slight appearance of a revival in business, but matters still continue sufficiently dull; we quote the following prices, which have not materially varied for the last week or two : — Flour — Adelaide, £28; Chilian, £25 ; Oamaru silk-dressed, £21 per ton. Wheat, 6e to 6s 6d per bushel; oats, 2s 10d to 3s 6d per bushel; bran, 2s per do ; pototoes, £4 to £5 per ton; hay, £5 per ton; chaff, £7 per ton. We learn that Mr. Noble'e run has been sold to Messrs. Webster and Aitken. Upwards of thirty Bomney Marsh sheep were landed by them from the Geelong yesterday evening in firet-rate condition. These arrived at Lyttelton lately, by the ship Canterbury, from London.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18650708.2.4.1

Bibliographic details

Press, Volume VIII, Issue 839, 8 July 1865, Page 2

Word Count
617

OTAGO. Press, Volume VIII, Issue 839, 8 July 1865, Page 2

OTAGO. Press, Volume VIII, Issue 839, 8 July 1865, Page 2