DUNEDIN.
The " Daily Times" of the 12th instant, reports :—: — In the early part of the week a little business appeared to be doing, but the state of the weather prevented anything like briskness, and caused the trade of the last few days to fall off. In flour there is nothing to note beyond the sale of small lots for current demand at unaltered prices. Teas have been in fair enquiry, and parcels of medium and good Congous have been placed at> sustained rates. Transactions in sugar have only taken place to any extent at auction, the Jessie Kelly's cargo, sold by auction on the 9th, supplying buyer's wants. The prices obtained were remarkably good for second quality crystals and fine counters, and not much less so for white and brown sorts. The provision market is dull, speculative purchases usual on the arrival of the new cure of hams and bacon, i have not beeD made to any extent. Values have not changed for the small lots quitted, but unless a better demand is experienced will probably suffer much decline. Butter continues in full supply, and holders of parcels are desirous of quitting. For spirits only a light inquiry has been felt, though sinnll parcels have been moved off at the rates of the previous week. Holders of brandies are inclined to hold for better prices. Importers have been doing but little in malt liquors, either in bulk or bottle, the stocks of the latter deterring traders from taking up any but small parcels ; while the supplies in second hands of bulk l>eers will prevent the sale of shipments for the present. The timber trade has been generally quiet ; and of other building materials nothing appears to be selling, except a few tons of galvanised iron and fencing wire. The same journal of the 16th inst. reports : — " A rather better demand has been experienced during the last day or two ; but business is without any great improvement, and sales, though more frequent, have been individually small, without any alteration taking place in values, or the occurrence of any special inquiry for particular goods. The trade for coastwise requirements keeps very quiet ; and country trade, though goods are wanted in many places, remains slack, owing to the state of the weather."
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Bibliographic details
West Coast Times, Issue 603, 30 August 1867, Page 2
Word Count
379DUNEDIN. West Coast Times, Issue 603, 30 August 1867, Page 2
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