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Of tha Wellington markets th 9 InrJepenclmt o 23th February, reports as follows :—The arrival o* the Earl of V/indsor from London, and the Scotia, from Melbourne, during the present week, has supplied the market with goods, stocks of which were somewhat previously low. Bi>tded bof r and hollowware, ■which last week were scarce and in demand, are now, through those recent imports, lvndere. 1 more plentiful, and in fact, though the supply is not immoderate, a fnll stock of nearly every description of goods is now on hand, for which the dera.ind is fair at remunerative prices to importers. Business continues tolerably brisk. In colonial produce, wool continues to come in ; nearly 500. bales having been received during the week mainly from Ntipier and Wanpranui. Potatoes are rising in pi ics, and though no transactions have taken p!ace at the increased ratos je', it is not likely hnlaeM will sell at less than from L 9 to LlO per ton. Very recently forty tons from the Hint were sold in fc,wn for LS 10a per ton; but as the crop generally has failed throughout the province, it may almost be said, the colony, future prices will rule ' very high. The arrival of two cargoes at Canterbury from the Chatham Islands, may temporarily prevent a gret rise here, but ultimat'-ly high r t3< may bo expected to be realised. The Mosquito :ir- • rived yesterday with a cargo of potatoes which have been transhipped to theSotitli. ' • In the enrly part of the week the cattle vessels which had been lying wind bound, were enabled to start .fur the Southern markets with their freight* On Thursday, the Tyra sai'ed with 96 head on boarc^ and the Queen took-100 sheep. ,; New , Zealand hams and bacon indicate a slight rise in price,: which will probably increase. List week lOd perlb was quoted, but lid is now asked, and the stock is low. -Butter is rising too. _ A parcel was sold on Thursday for^ls CJd. Previous rates were Is 61 per In. " Sawn timber, white pine* is quoted at las per 100 'fast, : ' Flour is ns before—New Zealand LIC, and Adelaide LIB per ton. : There have been no sales ■by auction during the week; esxsept that of the reclaimed land, of which only two lots wei'e disposed of, one adjoining the site of tho New Zealand Bank, nrjd another fur an o!Kce jot tbsPrpyiacial Splicitor, * - ■

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT18630307.2.10

Bibliographic details

Otago Daily Times, Issue 378, 7 March 1863, Page 4

Word Count
400

Untitled Otago Daily Times, Issue 378, 7 March 1863, Page 4

Untitled Otago Daily Times, Issue 378, 7 March 1863, Page 4

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