WELLINGTON MARKETS.

Manawatu Standard, Volume 3, Issue 78, 24 February 1883, Page 2

WELLINGTON MARKETS.

Colonial JProduce-^ Wheat : The 1 sea* son. has not commenced; although one fair sizad transaction is repprtedL^gt 33,, 6d per bushel ; we, however, understandthat farmers are holding out -for a higher price, say 3s 9d to 4s j flour is lower, and offers have been made of firsfcsclass brands at LlO per ton, f.0.b., south; the general jia,: however, that prices will be lower than' this. Butter— There is very little, offering, and what is, the holders ask lO^d to lid per lb for,, we have, therefore, no business to report ; cheese is quoted at 6f d per lb, with a moderate demand. Seeds have Jiad good; enquiry, first-class samples of rye grass seed are offering at 4s 6d to "4s 9d" per bushel, at which prices: transactions "are reported-: cockstoot is quoted at.4|d to 4f d, with limited demand ; a good inquiry; exist for timothy and clovers. ; . Galvanised Iron."— The market is yery depressed,' and consignments ate being offered at prices which must leave a loss to consignors^" we tiear of a line, being quoted at considerably under L 28 7 per ton, ex ship ; no business has, however, come under our notice ; nominally we qnote L 23 10s to L 24, for 6 to 8 feet, 26 gauge, from stock ; 24 gauge iron is not so heavily stocked, and better prices, m proportion, are procu^ rable. Fencing wire is quoted "nominally at Ll4, to LU 10s, and LI 5, for Nos 6, 7, and 8, respectively, although for a parcel a considerable concession is obtainable. Barb wire is' well snpplied ; sales are reported at under X 52 , 10s ; the exact price has not yet transpired ; this is for 4-barb galvanised. ] Hops. — We do not hear of any transactions m brewers' parcels ; the Nelson crop is reported as looking excellent, and there will be a large quantity available for export, even if Nelson has to supply the whole of New Zealand. American packet hops are firmly held for 4s 61 perlb; m malt there is very little doing, best colonial is quoted at 63 3d to 6s 6d per bushel; Korosene oil still hangs heavily, and values show no improvement. The addition to our stocks this month have been 2350 cases. Test oil is quoted 'at Is to ls^d pet gal,f;o.b.,'i;b;,''lso test sells better at Is 4d per gal, i,b.