COMMERCIAL.

Otago Daily Times, Issue 159, 20 May 1862, Page 4

COMMERCIAL.

Dunetlin Custom.*, May 19, ISG2. No entries were passed for sold to-day. This imports realised £155 9s. Id. '. AUCKLAND. We take the following from the Southern Cross summary of May 9 :— Liquids.—Bottled beer scarce; but large stocks advised to arrive. ■ Hum and bulk beer are in heavy stock. Bulk porter is in good supply, with .additions to arrive ; but as it will go more largely into consumption in winter than ale, the market is not likely to be over-bunlened. Geneva, in case, is scarce. No alteration in brandy; wine in good supply, with a quiet family trade. Additions to the stocks of wines are on the way. Tea. —Some old stocks have been disposed of at low prices during the month. Good despriptions arc scarce, but plenty of middling and inferior, i Coffee in demand, but the consumption has hitherto been limited. ■ Sugar.—We have little change to-report in sugar. Company's sugar is scarce, and there does not seem to be a disposition to keep large'stocks cf it in the market. Unmixed'Company's sugar is always saleable.,, Mauritius is in heavy stock, and dull of sale, owing no doubt to the quantity in the market. Candles.—Large stocks, with heavy consignments to iirrivo. The prices are kept up o:i account of the deniaud for the approaching winter. ■ Ironware.—The trade in ironware is of a retail character. The market is well supplied with every article in the house furnishing branch, and considerable competition exists in that line. Heavy-iron- in light demand, and stocks quite adequate to the ■' requirements of the trade. Builders'ironware is well; supplied.' - .-• , ."'-.' Glass and Dclfware'is in demnnd. Well assorted stocks nre not to bo found ; but tho invoices by the hist mail promise to make good any deMciency. There is a growing activity in this ".branch of business, the requirements of the community almost weekly increasing. ' : Tobacco is nominal.' Only retail transactions are done in this commodity, which ia of less value here--than in Sydney. Oilmen's Stores are generally plentiful; but pickles are in request, and command full prices. , Soft Goods. —A good business has been done in winter clothing. There are heavy stocks in the market. .. , ■ : '■",■' Salt is a heavy stock, and not easy of sale. Timber brings a high price for assorted boards, and a considerable export trade is done in sawn. ; Breadstufis nre dull. There is only a bakers' and re-' tail tradodone,owingtothepeculiarcircumstaucesof the province. • We are nou-produeers. of breadsluus, and therefore are governed entirely by reports from Australia. , NEIiBOUIttfE.' . From the Argus, 12th May. The. markets have been more active throughout the week, and a- firm feeling has prevailed." This has been strengthened since the receipt of the prominent items of the Nortbam's news by telegraph froni Adelaide. The money market has been easy. The Melbourne Banking Company opened their premises in : Queen-street for business on Wednesday;- ~ The banks sell exchange on England at par for sixty days' sight, A per cent, premium for thirty, days' sight, and 1 per cent; -for small sums at sight.' They also sell ninety days' sight at j discount. ' The rate charged by the Peninsular and Oriental Company for the transmission of gold and bullion from Melbourne to the Bank of England is 3J per cent., including ordinary, insurance, but not any war risk. The Oriental Bank Corporation charges for.. 30. days' .exchange— On Bombay, Calcutta, Madras, ,2s. 3d. per rupee ; .China, ss. Id. per dollar; Ceylon,. 3.} per cent, premium; Mauritius, 4s. 2d; per dollar; Singapore, 4s. lid. per dollar. Bank rates of discount stand at —For two months, 8 per cent..; for three months, 9;per cent.; for four months, 10 per cerit.r Interest is allowed on time deposits at the -following rates :— For deposits at thirty days' notice, from l£ to 2 per cent, per annum ;. at three months' notice, from 2 to 2^ per cent.; at' six, months' notice, from 4to 5 percent., ■"' ■■ : i: ■ ; ' ":'": :■" ': - - . ;