DUNEDIN.

West Coast Times, Issue 318, 29 September 1866, Page 2

DUNEDIN.

The "Daily Times" of the 2 lth inst. re-

Nothing of any importance has occurred to disturb the drowsy state which at present" characterises business. The demand for goods has been limited, and nearly confined to miscellaneous parcels for town and country trade, importers being very* quiet. Some welcome additions to stocks have been made by^ arrivals from Great Britain, but several ships remain considerably overdue, and the extremely long passages now making by all vessels from home is causing much* inconvenience. Flour maintains late quoted values, but the amount of ♦ales of imported have been inconsiderable, in fact, there is no selling except for current requirements. Sugars continue firm* in value ; the stock is too small to admit of any but 6inall sales — even if it 'were not that, the near •approach of the season would suffice to keep buyers frtnu heavy operations. v Teas are also firni in value, though the demand is rather lighter. The few new teas that have been sold in the Sydney and Melbourne markets fully confirms the opinion that rates will rule high for some time to come. There is enquiry for superior brandies, of which just now the market, is bare ; in other respects, the wine and spirit trade is quiet. The principal items in provisions continue 1 dull in demand ; however, there are signs ofV& little improvement in cn'quiry for bacen and hams. Nothing is doing in bulk or bottled ales, the latter articles being all but forgotten. Bottled stouts seems likely to be much in demaud. Byass', in lots, has,been placed at 9s; Burkes and Blood's together at 103 for parcels — a little more being

aske4 fipi* Kej-oseno is scarce at tho ftandiug viflA of 5s t)d. Tho largo supplies^of powder on hand and coining forward 'liti3 rendered" sales very diflicull— very J^w prices would he rfecoptcd." ' The " DjirtJf?uno3 " of the 22nd iijstaut t ropovfa :—: — f?*~ "

Busiuoss yesterday was almost al a standstill, in consequence of tho dopurtur<*>of tho mails via Suez. To-day, there has been a little iworo doing, but still no activity has hern witnessed. Flour, sugars, and all etuples, uro Urin at lust quotations. Tho. l(osoluto and Alexandria are to hand, from Britain, with much wanted' shipments. A meeting of the creditors of Messrs Coote and Co. took place this afternoon. Tho statement of liabilities shown amounted to nearly LIO,OOO, ,of which one-half are stated to be' olijl claims of creditors not in tho colony ; the assets amount to a comparatively triflmg sum. The greatest dissatisfaction was expressed by those present ; and it was ultimately suggested that the creditors should subscribe, pro rata, for the purpose of instituting a thorough scrutiny, and, if no» cessary, of taking further proceedings. s