COMMERCIAL INTELLIGENCE.

Oamaru Mail, Volume IV, Issue 850, 6 January 1879, Page 2

COMMERCIAL INTELLIGENCE.

AUCTIONEER'S REPORT.

Mr. G. Greenfield report* having held a sata of household furniture and a house for removal. TiW house, not reaching the vendor's* price, was withdrawn. „The attendance wo» good and the: bidding spirited. bedstead fetched Lst chests of drawem from LS 15» to LI 13*. The miscellaneous lot* all fetched good prices.

AUCKLAND*. H&Y ru&icim&rtt.] January S. Prom various' settlements* news- comes that the new harvesting machine* are working well, giving every satisfaction to/ owners *>i crops. Should the present highly favorable weather continue for a fortnight longer, the greater portion of wheat in the Auckland district wilt be secured in first-rate condition. The district* of Mangere and Otahuhn present just now a very pleasing spectacle. Owing to the wet,, and the fate seed time, it is anticipated that the average yietd of wheat wftl not fee more: than frown 23 to 25 bushels per acre, or less than last season. The wheat,, in many cases, is reported to be thin upon th« ground, and owing to the hot weather, will lead to premature ripening, which,, in many instances, gives the grain a slightly shrivelled appearances The opening price is <t» (3d for prime qualities, delivered at the nearest railway station. The market at the present time is perfectly glutted with wheat and! Hour. Now that the duty on foreign* wheat and Hour has been taken off. a corresponding reduction has been made by the local millers on the best Hour, which is now quoted at Lt;* per tore. The first of the new crop' is expected to arrive at the mitts on Tuesday or Wednesday next. Oats are rather easier in price, fielders are asking <t» S)d per bushel. Maae holds its own', and both local and Fijian are commanding good prices. Potatoes are gradually receding in value as tft« season advances, and are quoted from L 6' tO» to> L 7 per ton. with fair quotation for new. Butter in salt is not worth so much,, and * prime to* is in the market at tOd. Kauri gum continues to maintain a yery fair attitude.. The receipts for the month have not been so great as was anticipated s hence, there has been a strong disposition of buyers to' operate, especially in parcels of good quality. The total receipts for December is 215 ton*. The receipts Jfor the past year were larger than for 18-77. The total quantity received in Auckland is 3090 tons, against 313$ tons for IST*. The value of the articles during the year just closed ha* been on an average L3O for ordinary, and £37 for finest.

HJTKRCAKOTLIi. [by 'rtctKHßAi-tf.] January 4. The Custom.* returns for the March «t*»rter oi f»7» ; were Lt0,421: for the J«ne ouartw, I*t<K3S)3; Sot the September tinarter, 00-W:: amt for the quarter endinsr Decernbar. 'HK.'MCK—mafeiag- a total for the year, with; shillings- anil pence oi l/M.3tH» 2a lit. The total revenue ot the year IST* amounted: to-133,035 I Is 2tt,

CfHtKtTCtICRCH. [BY TKtJEITRAI'W.I January t*.

The weather is favorable- for crops. The wheat urop> will average better than was an* ticipated. but wilt be considerably under that of tost season. The increased acreage howuver will give an available surplus for export about etmat to that of last year. Old stocks of wheat are matte at from Is to 4* 3d. Flour. Ll> tOs to. LtO fOs ; feed oats, 4s t barley* nil: hams and bacon (in cloth), jfcjd!;; butter, 9d to tOit•. cheese-, TJid.

TBIARU. (Prom Saturday's Herald. >

During *h» week one or two* small showers of rain hn»v« fallen, and in> some cases have proved of great benefit to- the tatter crops, though the majority must have been too far advanced to> gain much. Harvest will begin in a few days, and already reapers are at work ia some parts cutting oats, and we shall await with anxiety the news of the result in all districts. Si* far as we- «am safely forecast, we predict that ruling- values at opening of season will be at 3a 9*l to 4s for wheat, and 3s to* .Is 3d for oats for good <mality. No transactions are reported as having taken, place during the: week, but there » a feeling of enquiry amongst milters for parcels of fast season's wheat for mixing with the new.