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WELLINGTON.

W« have Wellington papers to the 30th vHt. The Independent reports of the markets s — " We notioe a slight improvement in the j i demand for goods for the outporta during the past month, but in town great dulness continuea to prevail to an extent that were weunaoquainted with the resources of the colony ! would lead us to entertain the most gloomy | anticipations^ - Our market is well supplied ■With mostf descriptions of goods, but ityf

speculative transactions are noticeable, the trade being confined to current wants. Prices as a rule are low, and profits are becoming much less than they -were formerly. This enables our importers to compete with some of the Melbourne firms, which have heretofore in a great measure monopolised the trade of the outports. The ' Wild Duck' sails with the first fair wind, with a full cargo of wool, tailow, and flax, for London, and we believe another ship -will be laid on."

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DSC18700504.2.6.10

Bibliographic details

Daily Southern Cross, Volume XXVI, Issue 3962, 4 May 1870, Page 4

Word Count
157

WELLINGTON. Daily Southern Cross, Volume XXVI, Issue 3962, 4 May 1870, Page 4

WELLINGTON. Daily Southern Cross, Volume XXVI, Issue 3962, 4 May 1870, Page 4