DUNEDlN.— September 26th.
The nriii.il of passengers from Melbourne dining Uie la<-t few days has hem largo, and fiom vai ions sources our population has itceived an addition of some 4,000 rouls The town has consequently, been in a state of consideiablo excitement The retail trade in most branches has, as might n iturally be expected, leceived the fii it benefit ; but at pie<-ent, demand for goods in the wholesale maiket has not vet received much impetus Still, the feeling amongst merchants is th it an in< teased demand for ordinal v commodities must soon set in. and they are disposed rather to wait for the tide of tiade 1 caching them, than to act in anywise piematuiely. The "rash" from Melbourne has now really commenced, and oui advices are certainly such as to lead us to expect continuous anivalß fin M>me time to come Met chants and tiadcrs generally arc an <iouply. await in? the fir^t etcoit arrival fiom the Duustan diggings. Stray paici la of gold continue to leach town by piivate hands, and the leport i-i of a considerable amount awaiting eecoit secuiity to be fonvaided. Still, the leliable l etui us furnished by a regular escoi tare needed to give their true value, in merchants' eyes, to the new mines Cartage continues high, and stores are being forwarded very catitioii-ly, which must he the case until cariiaue is more moderate, which we anticipate it will he as Boon as the several roads to the Dunstan and the Nokomai are better known. September 27th. Theie has been a decidedly brisk demand for tobacco to clay, and .although theie are no stocks lieie to found any speeuUtions upon, the ttade are taking parcels freely In flour also there is a marked fiimness, and a disposition to ask highn 1 prices, indeed with the large mimbem at pieioiit ai living, awl tlie consequently increasing consumption of this staple, theKist speculation, of \\hi<h there is no symptom at all at piesent, must cause a lise of suvei.il p wmls per ton We hear of a sale of Sydney maue at 10« a ton, for a fine sample ready cracked. The demand for the couutry con-
tinuei limited. The insufficiency of the preaent Blipply of teams for cnitnge of up-couutry supplies to our wule-nprend and extensive gold-field has, wo think, much to do with keeping back tmde with these centres of consumption. — Daily Timts
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Bibliographic details
Daily Southern Cross, Volume XVIII, Issue 1633, 15 October 1862, Page 3
Word Count
403DUNEDIN.—September 26th. Daily Southern Cross, Volume XVIII, Issue 1633, 15 October 1862, Page 3
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