COMMERCIAL.

Otago Witness, Issue 1945, 4 June 1891, Page 20

COMMERCIAL.

Millers' lines have ruled dv log the week as follows:— Flour, £11 5s to £11 15a per ton; oatmeal, £8 10s to £9 per ton ; chaff, 40a to 45s per ton; bran. £3 10* per ton; pollard, £4 10s per ton; pearl barlay, £13 to £13 10s per ton.

NeUon hops are hardening with the reduction In stooks, through shipments to Australia. Prime samples are quoted Is to Is Id per lb f.o.b. Cornsacks are very firm at 5s 6d per dozen.

Toe Woodland* Dairy Factory Company had a satisfactory report of oheese sold in Glasgow, by Messrs John M'Nalrn and Co., shipped by the Doric The total quantity shipped was about 9* tons. Thirty cases of cheese, Dunlop shape, realised 56s per owt, and 134 oases, Cheddar shape, realised 68s per owt. and the salesmen report the oheese to be of exceedingly good quality. The net remit at the faotory is 4Jd per Ib. A small quantity shipped per the Flfeshlrfl, and sold in London, realised 66s per owt, but the net result was Id per lb less than the Gla*gow sales. Messrs J. M'Nairn and 00. expect that a higher prioe will be got for the succeeding consignment. The Glasgow consignment would have

turned out even more satisfactorily than the London one, because of the Dunlop shaped oheese being in the one shipment and not in the other.— Southland News.

Mr Reynolds, the manager of the Anchor Dairy Factory in the Waibato, recently placed blmielf in communication with Bir Julius Vogel, and sent that gentleman a sample of the Anchor brand of butter. Sir Julius beiug favourably impressed with its quality (says the Wellington Post), wrote to the Seoretary of the Army and Navy Auxiliary Stores, and sent him some of the butter, with a request that he would teat It. This was done, and the verdiot npon the quality of the article was co satisfactory that the seoretary wrote to Sir Julius asking to be placed In communication with Mr Reynolds, so that supplies might be arranged for, and he undertook to at once quote the article and the price In the stores list, thus opening up a large and immediate market for this description of New Zealand produce. The Lyttelton Times of the 28th ult. says: — "The market for prime fat sheep yesterday was again active, and none of this description went unsold. The best price secured for sheep during the day was 19s 4d, given by Mr A. S. Bull for some primo wethers, sold by Mr Tabart, and whioh came from the estate of Mr H. B. Parker. The best merino wethers, from the Balmoral estate, were sold by Messrs Pyne and Co., at 14s 9d."

A London correspond ent, after describing the prospects of the Bnglish wheat crop as satisfactory, goes on to say :— " In recent years there appear* to have been a disposition among New Zealand farmers, as well as among farmers in most other oountriet , to contraot their wheat area. It was well that it was so, for wheat bad become a drug in the markets of the world. But in my opinion the depression is passing*away for a time at least, the consumption having fully overtaken the supply. The wheat aoreage of the world was but little, if any, greater last harvest than it was 10 yews ago, and it appears to me that the time has come when those who are most favourably situated for growing wheat may safely produoe more of it. New Zealand wheat, when well harvested, is always in brisk demand in Burope, and commands top prices. Moreover, the yield of the crop is greater in New Zealand than in any other countries except Great Britain and Holland, and about equal to the yields of these two countries. Even at current prices— New Zealand wheat being 41s to 43s a quarter in London— it is probably profitable to grow wheat ; quite as profitable, I Imagine, as to produoe milk at Zjd a gallon, or butter at 6d to 8d a, pound." Mr George Sumpter reports the sale by auotion of the following education reserves in the f apakaio district : —Seotion 24, block 11, containing 9a 3r 39p, to Mr F. Drew, at 10s 6d ; seotion 146. blook 11, containing 43a Or 37p, to Mr W. Gray, at 16s 6d p-r acre ; seotion 196, block 11, containing 13a 2r 37p. to Mr J ; K. Craig, at 24s per acre; section 3B, block V, containing 58a Or o'3p, to Mr J. M'Kenzie, at 5s per acre. He also reported having sold, on behalf of Mr Sandilands, the lease of munloipal seotion 35, bloak XIII, for £71 ; and privately a farm of 58 acres at Otepopo to Mr Daniel Campbell for £434. The Star's Home correspondent writes :—" Mr Henry Reynolds, of Auckland, fs entirely satisfied with the results of his venture in opening a New Zealand produoe depot in London. He has indeed made greater progress than be anticipated. The butter and cheese whioh has arrived up to now, with the exception of a consignment per the Arawa, has been of excellent quality, and in consequence New Zealand dairy produce is receiving much attention from bath middlemen and consumers. The Arawa's refrigerating machinery went wrong on her last Homeward passage, and consequently the butter aboard suffered to some extent, arriving in a heated condition. In Bpite of this untoward occurrence, the butter sold fairly well at about 112s to 118s per owt. The oheese, which artived by the same vessel, was slightly stronger than is desirable for the London market, and did not go off as readily as former lots, Mr Reynolds will probably leave London for New Zealand about the end of May. — I bave repeatedly pointed out that It would be worth while to establish in London and the big provincial towns special depots for the sale of New Zealand.mut'on only, instead of allowing yonr meat to be indiscriminately mixed up* *with Biver Plate and Australian imports as it is now. My attention was specially redrawn to this subject by a chance remark made to me by an Australian agent-general, who seemed to think it very odd that the New Zealand exporters could not grasp the importance of impressing the public with the superiority of their own productions."

The number of bags of grain and produce received at the Dunedin, railway station* are as follow ;—

Oats. Wheat 7edn'«d'y 6261 384 ?huwday 3863 166 'riday 2887 253 laturday 3731 186 tonday 3631 570 Vedn'ed'y 3102 385 8.1 Barley. Bran. I — 150 386 200 — 130 234 94 226 120 60 366 Potatoes. 260 560 299 100 390 324 v Total. 6055 5164 3569 4345 4837 423?