COLONIAL INTELLIGENCE.

Nelson Examiner and New Zealand Chronicle, Volume II, Issue 67, 17 June 1843, Page 266

COLONIAL INTELLIGENCE.

Potatoes. — By the Sydney papers we perceive that £10 per ton wholesale has been given by the dealers for potatoes, and that a further rise is expected. As they can be purchased here for £3 lOs.j and of the finest quality, our growers would do well to avail themselves of le arrival of the Seahorse, to ship a quantity while the price remains at this remunerating figure. — Herdtd.—'We are happy to hear that the settlers are turning their attention to the important object of exporting potatoes. The Lively, cutter, cleared out for Sydney with a cargo ' of twenty-one tons. From the late accounts received from Sydney of the price of this necessary article of consumption, there is little doubt but the speculation will prove a profitable one. — Port Phillip Gazette. Thb French at Tahiti. — There is a rumour abroad that H. M. S. Vindictive has had a brush at Tahiti with two French frigates, and has come off second best. We know not what degree of credit to attach to the report. — Sydney Observer. Peace with China. — As showing the views which intelligent merchants in London entertain of the effect which the peace with China will have upon the wool -market, we subjoin the following extract of a letter from Messrs. Donaldson, Lambert, and Co., dated London, December 1 : — "After having advertised the present series of wool consigned to us per Eweretta, Hope, and Standerings, amounting to upwards of 860 bales, intelligence was received that a treaty of peace with China was concluded, and upon terms which we conceive will have a most beneficial effect upon the commerce of this country, seeing that no less than five ports of great importance are to be opened to our merchants, instead of the trade being, as hitherto, confined to Canton, and tbe transactions of this country limited to the operations of the Hong merchants. So soon as this important intelligence became known to the manufacturing districts of Lancashire, an immediate impulse was given to cotton fabrics (as well as to the raw material). The stocks on hand met with purchasers at an advance of seven and a half to ten per cent. Such being the effect at once produced on cotton goods, we cannot but be of opinion, that our woollen and worsted manufactures will ultimately be affected in a similar manner, and even to a greater extent. Solely with a view, therefore, to beriifit oui constituents, we have determined on withdrawing from the present sales the whole we have on band, as stated above. We have come tc this determination from the conviction that we are benefitting our friends in New South Wales : and even should our expectations of an advance not be realised, we think they will give us thicredit of studying their interests beyond ever] other consideration : and this we request yoi will have the goodness to make known to th< various parties concerned." — Sydney Herald.