OTAGO.

Wellington Independent, Volume XVI, Issue 1689, 29 November 1861, Page 3

OTAGO.

We extraot the following intelligence from the latest papers received per Lord Worsley :-— CoMMERCiAL—The buisness of the past week has been characterised for a steady healtby demand for all saleable goods. Stooks of all kinds are with few* exceptions light, ln the article of flour, the market is over-abundantly supplied, and prices have slightly fallen, it may be quoted at £17 to £18. At the Waihola" Lake, flour is quite a drug. Bulk and bottled ales are scarce and in brisk demand but the soarcity of case and bulk spirits will by the arrival of the Almeida be obviated. Salt is quoted at £6 10s. Boards aud scantling 225. to 30s. per 100 feet ! boards tongued and grooved 355. to 405.; Scotch boards 405.; galvanised iron roofing £40; shingles 255. to 28s. per 100 ; pailings, 5 and 6 feet, 18s. and 245. ; slates Countess's, £15 10s. Lady's £13. In

- Great Britain. and Ireland the number c t persons, paying" upon inoomes rangiuj . between £100 and £150 per annuqi ii 7 tbe financial. year 'of 1859-60 was I bu t 128,0.701.';.. Is, it' possible to believe jtha their was no fraud or evasion here ? jThi t same returns show ouly 41,687 person , possessing incomes botween £150 ant • £200; only 36 ; 5£5 with from £200' t< , £300 ; ouly 16,608 ranging betweer £300 and £400; and only 8,130 withiin <cbmes between £400 and £500.., Grotip jtfg all th _se, together, the . result is J; tjiai iv all the British Isles there-arelesatbar. aquarter of a million, in fact only*23l;t?3( person., 6f the trading- and profession^ ' classes, earning incomes between' £ 10( £500 perannum.. .Mossrs, Jones, • Bird ■s&z.Co. report their Saturday's •stock^s'ale as beingrftther dull. "In^conse^ueh^e ol the state bl: ifo# Seiner but ! r^ew /buyers! were present, JHorses also were slowof sale from the same cat^se. and also from the short supply of'reallj good stock, Although hors.s have been somewhat lower during the past week ' the newly discovered diggings will oause prices to go up. — Daily Times, Nov. 18. Estimates of Revenue andExpendi* tube. — We select from the Estimates for the coming half-year, the following items. The total revenue is estimated ai £151,100. To make up this amount the ohief items are customs £15,000; gold export d uty, £15,000 ; gold-field licenses £1,000; repayment ol immigration loans £7,000 ; and sale debentures, £50,000. The expenditure is estimated at 160,198 14s 7d. Amongst other items the Superintendent's department is to absorb, £725, the Provincial Council's, 2621 ; Land department, 862/ ; Surveys £5,645 J Police, £10,388; Miscellaneous, 1,700/; Roads and bridges, 1,390/. The late Sticking-up. The police have been unceasing in their searoh after the perpetrators of the late sticking-up at the West Taieri. Mr. Inspector Cadell, has been scouring the country in the neighbourhood of where the outrage was committed. The horse taken from Mr. Miller has been found. Several men have been arrested on suspicion at Waitahuua. Inland Navigation. — A very important trip was lately made by the Rainbow steamer, up the Taieri River, towards Lake Waipora. After passing the Taieri Ferry the right branch of the river bends to the Waipora Lake, at the extreme end of which Stores have been opened. From this spot to Tuapeka is a distanoe of only sixteen miles, but the road is very rough. The "Rainbow" passed about four miles above the Ferry, and from thence the goods were taken to Lake Waipora by lighters. After leaving the Ferry, the left branoh of the river leads into Lake Waihola. The main road to the digging takes an immense cirouit round this Lake. If a road could be found from the further side of the Lake to the diggings, the distance would be muoh reduoed ; and as the entranoe to the Lake is better than that to Lake Waipora, probably the Waihola would be the best route. A sum of £12,000 was voted by the Council some time baok towards olearing the bar and improving the navigation of the Taieri River and Waihola; Lake. : The money has not yet been expended, and a petition is now before the Counoil praying that steps be taken for immediately applying it to the purposes contemplated.— Ibid.