WELLINGTON.—February 6.

Nelson Examiner and New Zealand Chronicle, Volume XXVIII, Issue 12, 10 February 1869, Page 2

WELLINGTON.— February 6.

The leading feature in this week's transactions lias been the sudden demand for Wellington corned butter for shipment to Melbourne, where, as was suggested in our last report, it was probable that the excessive drought that had prevailed would be likely to cause a scarcity of this article. Every keg that could bo secured has been eagerly bought up by the fortunate possessors of the earliest intelligence, at prices ranging from Bd. (its last quotation) to lid, and it now remains nominally at Is. per lb., with comparatively no stocks in dealers' hands. The market has been thus relieved of over 500 kegs, and although buyers do not seem disposed to advance, it is to be feared that makers may be icd into an error similar to one they fell into some few years back — and hold out for prices above the limit —in which case it is more than probable the same results may follow. Business in other respects continues exceptionally dull, although, being the commencement of the month, we might have reasonably expected to see some animation. Company's lS r o. 1 0 sugar is low in stock and much inquired for —£s2 to £54 per ton could readily bo obtained. At Bethuuo and

Hunter's auction, on the 4th, the Isabella's cargo, from Hobart Town, sold at fair rates :—V.D.L. flour, £14 per ton ; oats, 3s. sd. per bushel; palings, 15s. to 16s. per 100 ; shingles, 16s. 6d. per 1,000 ; posts and rails, 60s. per 100; potatoes, 553. to 60s. per ton; onions, 7s. per cwt.; Hobart Town jams, Bs. per dozen. —lndependent.