Commercial Intelligence.

Lake Wakatip Mail, Volume I, Issue 1, 2 May 1863, Page 4

Commercial Intelligence.

GOJJ? REPORT. All Mining peters were very quiet during the week, and «» sale and purchase of gold very dull. Ttds is owing to a settling down of the miners in their winter quarters, and a reluctance to rkk the chance of being caught in a biiow atorm that is likely to take place at any time daring the present season. Hence Queenstown kas been more dull than usual. The prospect of the miners, however, throughout the district, and more especially those resident on the famous Shotover and its tributaries, is very favourable, and their preparations for mining, and their winter abodes, arc both substantial, practical, and comfortable. The buving prices of gold by the banks and gold-brokers are, to diggers L 3 135., and storekeepers L 3 13s 3d per oz. Several fragments of ores have been discovered in the district, among which may be mentioned : Various ores of iron; cinnabar; aulphuret of copper and iron, and a fractured colorless topaz about the size of a walnut.

INVERCARGILL COMMERCIAL REPORT. Saturday, 25th April, 1863. The weather, during the last week, has been oftuch a tempestuous character, together with ' the disgraceful state of the town —knee deep in • mud—that tTade is altogether out of the quest ion; in fact we are fairly brought to grief through the laudable exertions of our patriotic Town Board. Tay-street, in its present state, would be a firstrafe spec f-r an enterprising firm to commence brick-making—clay in abundance —the only difficulty to be encountered would be the drying process," still I think that difficulty might be overcome, considering that the hon. members of the Town Board ought to have a large amount of burning shame in stock, on rt fleeting on the filthy state they have brought the town to. ith regard to prices of Stores generally, I , believe they rule much the same as they have done for some time past. v ' Regarding Cartage to the Lake district, it is difficult to quote a price, as there are no drays coming in. I know one party that refused last night to accept LBO per ion, and I believe I am correct in saying there was only one dray in town last night loading for the Lake ; in fact drays are scarce to be seen, for this reason, if they do manage to get iuto town it is almost impossible to get out. Heavy Draught Horses are much enquired for and wanted, but at present there are few or none in the market. Ileal ly first-class animals would bring good prices, say LBO to L9O. Good Hacks L3O to L4O. Inferiors, of which we have hail a superabundant supply lately, are a drug, and not wanted. I shall endeavour to give you some extra information in my next.

Sheep—Good fat wethers, 33s to 40s. Accliina'idt d ewes, 3fk Cattle—Store,from Lll ioLI2 10s. Fat are very scarce, and first class beef fetches readily from 56s to 60s per 100 lbs.