AGRICULTURAL.

North Otago Times, Volume IV, Issue 71, 29 June 1865, Page 2

AGRICULTURAL.

The weather has been remarkably favorable for wheat sowing, and it is understood that a larger breadth will be laid down than last season. Gardening operations are in full activity.

DUNEDIN".— The week has opened with but little business doing either amongst importers or middle houses. By auction, some considerable parcels of merchandise have been offered without however inducing any very heavy sales. The damaged portion of cargo of flour, ex Eleanor "Wood, was knocked down at M essra M'Laudress, Hepburn and Co.'s rooms, at L10 19s to L13 10s. On Saturday a meeting of Messrs Miller and Co 's creditors took place. The statement of liabilities and assets showed about LI 2,000 and LG00O respectively. — Daily Times, of 27th, SOUTHLAND. — Since our last summaiy we have had no largo transactions to note, but on the whole, business has assumed a more healthy character. Stocks in general, with few exceptions, are light— this is owing to the low prices realised ; not being sufficient inducement for importers increasing their stocks. Money is much easier, and can be easily procured on good securities. Business to the West Coast has fallen off very much, owing to the heavy stocks held by the storekeepers, but from the latest accounts, which are very favoiable, hopes are entertained of a continuance of orders from that quarter. Auction sales during the month have not been of any importance — merely to close consignmeu f s. Flour is in demand— stocks light. — Southland Times. MELBOURNE. -The import markets to-day have not shown much appearance of improvement ; but notwithstanding the continued delay in the arrival of the mail, one or two staple articles (of which favorable advices are expected) are beginning to attract notice, and look as if operations may yet take place in them, in anticipation of alripments coming forward being light. The American houses, we understand, under the uncertainty which exists, have in some cases refused to quote a price at all, while in others some twenty-five per cent over former rates is talked of asaiequish> advance on general American imports. In breadstuffs, the day has passed without bringing any new transactions under our notice. Wheat is much inquired for, but we hear of none offering, either on the spot or to arrive. Small lots are readily picked up at 9s 6d net. In flour we have no alteration to quote. Prices rule at L21 10s to L22. — Argus, June 15. — The Hero left Melbourne on the 15th instant, when there were no signs of the English Mail, and arrived on 20th inst. at Port Chalmers. The " Argus" announces that the Colonial Insurance Company has determined to " wind-up," and transfer its business to the Australian Alliance Company for L35,000, or 17s 6d per share for 40,000 shares. On the 14th inst., wh«at at Adelaide fell to 8s 3d, afterwards K>ld at 8s 4d,