COMMERCIAL INTELLIGENCE. Oamaru Times Office, Wednesday Evening.

North Otago Times, Volume VI, Issue 106, 1 March 1866, Page 2

COMMERCIAL INTELLIGENCE. Oamaru Times Office, Wednesday Evening.

There is little or nothing of importance to report in business matters. • Th* pusb week lias been greatly disturbed by the hustle accompanying onr Kace Meetins, and this preient woek things are suffering a roaction. '.there is a prospect of a largo export trade being done inTjuildingstonofrom this port shortly, incre-tsedfacilities for shipment being about to be provided. Tho weather -is still unfavorable for the ingathering of tho crops. <

DTJNBDIN*— Messrs Driver, Maclean & Co.'s usual ' sale of wool, was held at thair warehouses, High street, ' on Friday last, and hmnerdu'sly attended. Several very* superior parcel* of washed and greasy wool were offered, * nnarly all of whicli, with, the ftxr.option of a few lots, 5 withdrawn for wanb of lnHtructions' from owners, found ' buyers at priced about oqnal to those obtained at last f pale- viz ffor greniy fleece, Oil, to lid ; washed fleece, - 17|d to 20d#l.' Scourpd wool is not quoted, 'ai two very • fine samples wrro withdrawn, for the reasons above f stated : as was a!io « most heautiful parcel of washed • wool, all of which will be offered at next sale. — Times. » AUCKLAND.— The " Southern Cro»«," Feb. 17, re-' horts :— Mf Bntkland reports that a sheep fair has been ' neld at Newmarket, which was yery nuroerouily attended. 1 About l,'20O uheep'wf re penned, and 1,150 of those io!d. For the Dflwni there was no inquiry, although thoso penned wer« of exceliont quality, and would have taken prizes in an English exhibition. They are evidently not favourites* with our p-azierx, their iupeiioi qoilitloa for early lamb and mutton beir.g overJooktid :u the desiie for a heavy Uoece of long wool. Tho

sale commenced with 50 long-woolled ram lambs, bred by Mr Robert Graham ; thoy averaged L5 103 each, varying from L15 to L3 15s. 20 Leicester hog rams, bred by M r liobet t M'Lean, brought from L20 10-t to L6, and averag» d L9 14s. After the first pen, for which there was no competition, the sale of the Southdown sheep— next in rotation — was not proceeded with. Following them, the ram lambs, bred by Messrs Wallace, of Maugarei, brought an average of L2 14s. Then a pea of ram lamb*, bred by Mi 1 John Grigg, L9 15s each. Although among the longwoolWl ewes offered there wore many of good quality, and all of them of largo frame, they were generally of an inferior class ; they brought L3 5s to L2 3s each, averaging L2 15s each. 430 were sold. The ewe lambs were, many of them, of very good quality ; they averaged L2 14s, varying from L3 2s Gd to L2 9s. Half-bred ewes, brought 36s, and four-tooth merino ewes 22s each ; a pen of half-bred ewe Limbs 28s each. For half-bred ewes and lambs there were numerous inquiries, and somo surprise was expressed at their comparative absence from the sale. MELBOURNE (via Sydney).— We have Melbourne) dates to 15th ult. :- Kerosene changed handa at 3s Id ; prepared opium in tins is 2s dearer ; breadstuffs steadier, 7a 6d was refused for Adelaide. 1500 bnshels of South Australian was sold at 7% 4£d ; Victorian is worth 7s. Town brand Adelaide flour sold for Sydney at L21 ; country worth L24. „ SYDNEY.- By the Tararua we have dates to the lGth ult. The " Sydney Morning Herald" reports :— " There baa been a fair amount of business transacted during tho week, but prices, with the exception of breadstuffs, lulenbout the same as last week. Flour: This market is in a very disturbed state, owing to tho late heavy arrivals from California, and the great decline that has taken place in. Melbourne and South Australia, fn the present state of the market it is almost imposiihlw to give correct quotations. No large sales have been effected lately, and buyers are unwilling to operate on speculation. Small sales of Adelaide are reported at L24 to L25 per ton. Chilian is quite nominal. At auction, forty tons, with all faults, were sold at L15 per ton ; California!!, L20 10s to L21 10s per ton. Wheat is also lower. Adelaide, 9s to 9s 3d ; Californian, 7s 9d to 8s per bushel." ADELAIDE.— February 14th. — There are no transactions in wheat or flour ; buyers of wheat offer 7s 3d, holders ask ?s 6d. Cape Barley. 5s 9d to 6s. White oats, Gs to 6s Gd. MAURITIUS.— December 27.— The commercial embarrassment has subsided. Sugar, lower. White crystals, 7 dols. 57 to 75 cents ; yellow, 6 doK to 6 dols. 25 cents, veiy fine yellow counters, same figure. Rico scarco ; brisk demand for grain. Stocks flour run out ; A ustraliun worth 7 dols. per 100 lbs.