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A UC K LAND.

] The Southern Cross of the 11th inst : — { Business has been ireraarkably. dull during the week, and ; there seems .to. have been no disposition to buy in any quantity, either by public .auction or pcixitely. 3. I Jhe.PJtesent uncertain^ Jpoht ical_ aspectof "affairs ho "doubt has a, great deal "to- do with it. aud probably- tliere^will- be but little animation- in trade' untU the Assembly meets, and there i* .aothe^ .guarantee that the ruinous ipol^iWhich is now being pursued with respect |§>ifhß-^rwill hot be ! persisted 1 in. The prices of neai-ly all kinds of imported goods are purely nominal" Wines and spirits, and oilmen's stores, arc\ &' complete' ; drug in the market. Of tea there hive been- heavy -importations, so much so that it has been exported rather than be sacrificed here The .market is well supplied with sugar, and a cargo : of Mauritius sugars now on the way here, will supply all wants for some time to come. The flour market is exceedingly quiet, and there is nothing doing in it beyond purchases for dady consumption. The Mary and Edith arrived this week , from San. Francisco, with a cargo of wheat andfiour, but she has not come to a very^fino market,, and it is probable she will go on to Australia without breaking bulk. As wheat is worth 9s. per bushel -in California, the present price here will hardly pay. There is not the same disposition to speculate in land as there has been. Some valuable town property was oifered during the -week, but the sale was p. >orly attended. This is probably only a temporary depression, which will pass away when the affairs of the Province are settled .on a satisfactory basis.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/ST18641125.2.4

Bibliographic details
Ngā taipitopito pukapuka

Southland Times, Volume I, Issue 77, 25 November 1864, Page 2

Word count
Tapeke kupu
286

AUCKLAND. Southland Times, Volume I, Issue 77, 25 November 1864, Page 2

AUCKLAND. Southland Times, Volume I, Issue 77, 25 November 1864, Page 2

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