COMMERCIAL.

Otago Witness, Issue 956, 16 May 1889, Page 18

COMMERCIAL.

Millers' lines have ruled during the week as follows-.— Flour, £9 10s to £10 10s per ton; oatmeal, ! £13 to £13 10s per ton ; bran, £4 per ton ; chaff, £3 to £310s per ton; pollard, £5 per ton; pearl barley, £18 10s per ton. Mr John Grlndley (on behalf of the Farmers' Agency, Company Limited) reports having Bold privately, ou account of the Waimate Estate, 18,800 ,| Imsnels malting barley at 3s 0d per bushel (bags 7d < trucks Studholme Junction). The line was ; purchased for export to Australia. .. ~ I Messrs Simson, Blsworth, and Co., of Gore, in | iheir report for the week endlnz on May 9 state i that they have sold the freehold property in Main ! jjfcreet, Gore, having 64ft frontage, and the shop erected thereon known as the Gore Fanoy Hepoif,tory, to Mr W. S. Hurd for the sum of £1000. This ■ is equal to £11 per foot for the land without the buildings. Twelve months ago £750 was the best offer that could be got for it. They also sold, on Account of A. Tapper and Co., the premises, railway, tiding) and three quarter-acre sections opposite the irailway station, Gore, to themselves, at a price satisiaotory to both buyers and sellers. They sold draught ■horses,, .which are in good demand at : Medium draughts, £15 10s, £14 10 a. £14, £13 10s ; aged horses, t£B 5s to £6 50 ; hacks, £6 15s to £3 ss ; unbroken colts' and- fillies, up to £9. At monthly sale at Wyndnam, where supply of 4000 sheep was not equal -to demand, prices realised were > Crossbred wethers .(stores), 10s fid to fls Bdj two-tooth ewes and wethers, 9s'7d, 9s sd, to 9s 2d ; eight-tooth to, f .m. ,orossbred ewes,' 9s 2d to 7s 6d ; f.m. to brokenmouthed; 7s, 6s 6d to 6s 6d; fat ewes and wethers {.small),, lls Id j merino ewes (culls), 3s 4d; small 'crossbred lambs (culls), 5s Id to. 3s; 21 Bomney Marab. rams, 2sb each ; old Lieoesters.lOs each; fat .cows, £4 2s 6d ; store steers, £3 7s 6d ; calves, 16s. At Cherry Farm, Waikouaiti, on Saturday, Mr. Stronaoh (on behalf of the New Zealand Loan and Mercantile Agency Company) held an extremely satisfactory sale of Mr John Duncan's surplus' stock and implements. There was a very large attend-, ance, bidding was keen, and prices on the whole must have been highly gratifying to the vendor. Sheep especially sold capitally. Two to four-tooth Leicester breeding ewes brought 14s 3d,- wethers 14s 9d, lambs 8s 9d, and other Bheep similarly good figures. Draught brood mares realised from ' £34 10s to £10 10s. Dairy cows went up to £8 2s 6d. Pigs were well competed for, prices ranging from £3 7« 6dto 14b. Implements, furniture, aud odds and ends were also disposed of at fair rates. An Auckland telegram announces that the Colonial Sugar Company have made another advance of 10s per ton in the price of all grades of sugar. The increase in five weeks amounts to 80s per ton. Messrs Samuel Orr and Co. report that during the past few days they sold the following lots of oats, and which indicates the state of the oat market — D M'K 400 sacks, VfK (Otama) 300, W MC 140, JJ 140, WA 300, W M'G 300— at 3s 3Jd. sacks 6d ; WS 1200, 2s 3}d, Backs 6d ; WS 600, AH 350, JB 450 -at 2s 2§d, sacks 6d ; JB 112 at 2s 2d, sacks 6d ; JB 350, JB 70, A MD 70, JS 600-at 2s ljd, sacks fid ; RH3SO, WM 150 -at 2s lid, tacks 6d (all these on trucks at Riversdnle) ; while for Mr W. Waddell (Watkaka), 800 sacks at 2s 3d, sacks 6d, on trucks there ; JUS, 248 at 2a 4d and 127 at 2b 3d, on trucks Arthurton ; J. and A. Mackay, 450 at 2s 5Jd, on trucks Glenkenloh ; Mr James Logan, 1 truck at 2s Bd, off truck Dunedin; JC 140 sacks at 2s 3d, AH, 350 aaokß at 2s 3£d— on trucks Rlversdale, sacks €d.

Messrs Dalgety Aia) Oo.'s Melbourne branch office reports, under date, May 10 : —New Zealand milling oats, market weak ; quantity coming for■ward in excess of requirements, 3s 9§d ; New Zealand chevalier barley, sssdtoss9d; malze,4s9sd; syegrass seed, 4s ; cooksfoofc seed, 3£d. Their Sydney branch reports, under date, of the 9th :— Wheat market declining from, prospect of large supplies. Market quotation is,: Tuscan, 4s 9d ; New Zealand seed oats, 3s 6d ; New Zealand feed oats, 3s 3d ; market weaker. Onions, market firm at 4Bl6aton. Potatoes, £4 15s a ton.

Mr 6. W. Turner haa chartered the ship City of Delhi to load at Calcutta for Lyttelton with cornsaoks, and after discharge to take wool to London. The City of Delhi will carry nearly 5()00 bales sacks, and with the cargo of 6000 bales to come In the ship Mlnnyhlve will supply the requirements of our farmers for the next season.— Lyttelton Times. - Messrs Matton and Co. sold at Leeston Mr John O'Neil's 100-acre farm for £1800.

Ov,er 80,000. sacks of grain are now stored in the Harbour Board's aheds'at Lyttolton, which are filled to their utmost ' capacity. The New Zealand Loan and Mercantile Agency Company (Limited) have received the following eablegraraJrom their London office, dated 10th inst. : - * ' Tallow s Market better. Good mutton is worth;2s» 6d, and good' beef 24a fid per cwt. Babbitskiss :. Medium descriptions have declined Id and inferior ljdperjb since last report." . - ■ ' Me«srs Bemshardt and Co. are in receipt of the following from their London Jiouse i— " At the -sales to-day the prices showed a decline of 1 Jd to2d per lb for all classes of rabbitskins. The bidding lacked animation, consequent upon stocks of felting wools and felt being larger than required for the demand. Most of the lines offered consisted of inferior and low season, and the decline was more marked in these than in other desc iptions ." Mr J. Aitken Connell reports having effected, on behalf of the owner, Mr William Aitken, laud agent; Auckland, a lease of the Waitoa estate. near Morrlnsvllle, Waikato, area 7496 acres, at a rental of £600 §er annum, to Mr John Dalrymple Adams, lately of t. Bnoch'B, near Ballarat, Victoria. Mr Adams has the right of purchase of the estate at the end of two yean, and Intends then completing the purchase. Mr Adams is a practical grazier of experience, and when recently in New Zealand personally inspected the property. He has returned to Victoria to wind up his affairs In that colony, and comes over to New Zealand with his family about the end of the year, Mr Connell meanwhile representing him here. — Auckland Star.

Messrs Goldsbrough, Mort, and Co., in their monthly olrcular, dated Melbourne, May 2, estimate the yictorian wheat surplus at about 25,000 tons, the principal portion of whioh it is anticipated will be ■hipped during the season in the form of -flour to New South Wales and Queensland, A larger area than usual will be placed under crop for next season under very encouraging conditions. Mr Joseph Gould In a letter to the Lyttelton Times makes the following remarks:— "Upon re* f ereuoe to Dornbuach'i cargo list of January 31, it will be seen that the Committee of theSanFranoisoo Produce ' Exchange, who take the greatest care in compiling their figures, estimate that after exporting in the first half of the grain year 451,759 tons, there still remain from 300,000 to 350,000 tons of wheat for export during the first six months of 1889, and that, in addition to that, there would be 100,000 tons of wheat carried over to the new season. It would therefore appear that the surplus, in California alone; available for export from last harvest, was in excess of 30,000,000 bushels, or more than four times' the quantity required in Australia. In addition to this, Oregon produced some 12,000,000 bushels. At the present time the harvest in India is being gathered from an area of 26,000,000 acres, and there will be an enormous surplus available there. So far as the transit question is concerned, from .California, there will be no difficulty in getting iron ships to carry the grain to Sydney In any quantity, as at the time when the grain is required to arrive in Sydney, fche Australian shipping season will be at its height, and vessels will be able to make sure of obtaining prompt despatoh after their arrival there, with full cargoes of wool. lor London. From India, wheat can be poured into Australia by the liners of the P. and O. Company, as well as the British India Company, both of which send several steamers per month between the two countries." - Messrs Barry and Co. report on the Calcutta market for .the fortnight ending April 8 :— Jute fabrics : There is no change to report in tho market for heavy good? ; the business of the fortnight has comprised a small lot of Nnw Zealand corosacks at Rs. 31-4 and 500 bales woolpacks at fls. M-6 to Rs. 1-2-0 for lOflb. For forward delivery and for quantity manufacturers are firm. Beau bags are scarce for early shipment and continue to command Rs. 24-8. Potato and -flour bags are steady at quotations.