COMMERCIAL.

Manawatu Herald, Volume II, Issue 62, 30 March 1880, Page 2

COMMERCIAL.

.-• ,< ;..■.■•.' .■ . ♦ . „ Wellington, Friday. In it&^npnthly summary, the N. Z. Times thus refers to the Colonial Produce Market : The market for oat* continues unchanged, good feed is selling in parcels at Is lOd ; fortunately tho arrivals of late havo not been heavy, and stocks have thus become easier. Maize meets with very little enquiry, small lots only selling at 3a 3d for New South Wales, and 3s 6d to 3s 9d for New Zealand. Of bran nnd pollard, the former is unsaleable at £3 10s, and the latter is forced off at £5 to 10s, Pearl brley is quoted at> £25 ; outmea), £14. Sufficient supplies of potatoes continue to be rereived from the Hutt and neighbourhood to meet present requirements ; regular shipments will, how ever, oome in -shortly We quote present value at £3 10s per ton. Keg butter still remains, unnoticed : itsjiomioal value is 7d per lb-j cheese, in full supply, and selling as low as sfd to 6d. We understand that all wheat grown in the M ana warn and Marlborough districts will be required by the local mills, and also that there is only a small quantity expected from the lCa«t Coast.. We hear that in Canterbury farmers prefer exporting t'* United Kingdom on joint account rather than accepting anything ande,r 4s per bushel. The Alatthuni, with* a shipment of Uufiiold's Adelaide flour, has not 'yet arrived, but is daily expected. Old colqnlal in now all usod up. The new is quoted at Oainaru at X'lOlos, and in Wellington by our local millers at £12 10» per ton/ Referring to t^e money market, the Wellington Monthly Price Current says : — Wo are glad to be able to report an increased tendenoy to lower rates for money. Some good sums have been placed as low as 8 per cent, and in lar^o amounts with first-class Becurity it is still obtainable at th it rate. We quote now 8 to 10 per cent, as the current rates. There is still a good demand for mdbejr, nnd some difficulty in procuring small sums at 9to 10 per cent. ■