COMMERCIAL INTELLIGENCE.

Southland Times, Issue 983, 10 July 1868, Page 2

COMMERCIAL INTELLIGENCE.

TiME 3 Office, Wedneeday Evening. The following are the Cnstoma Returns for — Wednesday, July 8.

£155 18 5 . Thursday, July 9. Brandy, 29 gals £17 13 10 Sundries 13 13 6 £31 7 4

The " Otago Daily Times," reports : — In the, business of the month just closed, improvement has been visible. Some slackness prevailed during the few days before and after the 80th ultimo ; and, owing to the state of the roads, up country trade has been curtailed ; but the aggregate of transactions has been good, and business closes with promise of activity during the next few weeks. Markets, generally, possess a very firm aspect. Quotations have varied a little generally in the direction of improvement, while there, is prospect of advance in the values of several leading staples. Imports continue on an extremely iroderate scale ; and stocks, which have for so.me months been gradually lessening, are now, in a number of articles, running low. their only arrival from the United Kingdom recently has been the ship Caribou, with a Clyde cargo ; from foreign pores, nothing has been due. In the exports of the month, the last of the season's wools are included, also some moderate ship-' ments of grain. The money market rules very easy, and first-class securities are sought by investors. Bank rates of discount have been modified to 7 per cent, for under 65 days' currency and 8 per cent, under 95 days, longer dates remaining as baforo. Exchanges close : — Selling rates on London, 3 days' sight, 2 p*r cent ; 80 days' sight, 1£ per cent ; HO days' sight, 1 per cent premium ; on Melbourne, % per cent, premium ; and on Sydney and the other Australian Colonies, 1 per cent, premium.

Brandy, 82 gals £49 8 10 Genera, 30 gals ... ... 17 15 2 Whisky, 32 gals 20 16 5 Old Tom, 16 gals... ... 0 19 7 Tobacco, 230 lbs ... ... 28 15 0 Oil 3 8 9 . Drapery ... .... 4 1 7 Leather 5 19 7 Sundries 15 13 5