WELLINGTON MARKETS.

Manawatu Standard, Volume IV, Issue 50, 28 January 1884, Page 2

WELLINGTON MARKETS.

Saturday Morning. The import market lias been exceedingly brisk dv ing the week. The JLoch Cree, from London, not being able to secure a berth to discharge, the output of goods shows some improvement on the two preceding weeks. We observe from Melbourne advices that the probability of war between China and France has beon the means of Pausing a js°? s * t k | T a '^ e speculative spirit TeT teas,"and somo large orders were cabled : to China, m consequence, from Melbourne,. Cpmmpp teas have therefore advanced t*iere from 3d to 4d per lb. At Dnnedin an advance of from 10 to 15 per cent, is reported m teas, and even at this advance there is an indisposition to sell. We have not, however, heard of any speculation m .oar market. Hops are very low; we hear of a parcel of Nelson offering at 10£ d, without resulting m business, and a further parcel arrived^ by th« Rotorua, which is reported as bein^"* purchased at B|d; galvanised iron fencing "wire and. barb ,wjre are unal-tered-^ince our last. .The advance m the price of oats reported last week is fully maintained. We regret to learn that the late, tempestuous weather has ■ seriously damaged the crops .m the is ottb Island, and it is reported that cattle are now being turned into the wheat fields, as the danmge m many cases is so great that it will not pay farmers to reap. Fowl*' wheat is quoted, at 3s per bushel; flour -of best brands, £11 per ton ; second class can be bought at 10s per ton lees. Butter is offering very freely at from -6£d to 7d per lb fpr prime.