COMMERCIAL.

Wellington Independent, Volume XVII, Issue 1777, 11 October 1862, Page 2

COMMERCIAL.

the arrival 01 tne, rnncess, ironx jjonaon, a fortnight ago, with a lai'ge general cargo, the activity in the coasting traffic, and the present fine weather, have given a brisk tendency to our market, and there is at present a considerable amount of business being done, and aa the shearing season is now approaching, we may reasonably expect that trade will improve during the ensuing month. The retailers in town, as well'as the country storekeepers, are now looking out "for supplies of spring and summer goods ; and the Asterope, which brings large shipments of these, is anxiously looked for. This vessel is now due,*and may bo expected in the course of the next ten days. There has been nothing authentic respecting the Otago Diggings for the last fortnight, but the Storm Bird is now hourly looked for. The export of cattle, bacon, and other produce, to the South still continues with better prospects than ever, as the large numbers of people now pouring into Otago will keep up prices for at least sever a months. Some shipments of cattle have also been, made to Auckland lately, with, we understand, very encouraging results. , The arrivals from . Australia during the past month have been the Rangatiraand Harriet Armitage, from Sydney, and the Scotia from Melbourne. The first mentioned vessel brought a large number of passengers, chiefly bound for the south. The next advices from England will be looked for with interest by wool growers, as they will bring the results of the London July — August wool sales, which will in some measure regulate the prices that may be expected to rule here this season. We fear that a good deal of the wool shipped from the last year will not realise favorably, as the Home Market has ever since been drooping. Business during the week has been rather brisk, the market in consequence of recent arrivals being well supplied, and considerable parcels have changed hands. A number of vessels have arrived, in ballast from, the south, and the imports of coal from Newcastle, and grain from the Heathcote river have been considerable. The Harriett Armitage and the Indus have sailed for the South with over 300 head of cattle on board. The Customs duties collected at this port for week, from 3rd to 10th October amounted to £545 19 10. Messrs. Bethune and Hunter on Thursday sold ,by auction the property known as the Waterloo Hotel, situated at Kai Wara Wara, for £500. Mr. John Martin sold yesterday at theresideuce of the Rev. W. Kirton a quantity of Household furniture and a collection of books —consisting of classical, theological and miscellaneous works, the prices realised being moderate.