COMMERCIAL.

Dominion, Volume 2, Issue 461, 20 March 1909, Page 8

COMMERCIAL.

; THE SHARE MARKET. SaWs of Westport-Stockton at Bs. 6d.' and Meat Exports (£2 12s. 6d. paid) at ,£3 Is. Gd. were reported yesterday. The market was quiet, with no quotable, change in values: Bant of New Zealand, sellers <£S lis.; National Banks, buyers .£s'2s. 6d., sellers £5 45.; Union Bank shares, sellers - .£62 • 10s.; Natimal Insurance, buyers .£1 Bs. 3d.; New: Zealand Insurance/ - buyers £3 145.,, sellers >£3 155.; - Wellington Investment, Bellers lis. 6d.; AVellingtoii Trust and Loan, buyers £7, sellers 'JSI 35.; Wellington' Deposit, Bellers 95.; National Mortgage, buyers £2 145., Bellers ,£2,155.; Now Zealand and Rive* Plate, sellers .£1 13s. Gd.; New Zealand Loan and Mercantile, Sellers 3s/3d.; Feilding Gas, buyers JBXj Wellington Gas (£lO paid), buyers £17, (£5 15s,' paid), buyers ,£l2 55., (new issue), buyers' 15s. premium'; Gear Meat (il paid), buyers £2 10s;; Meat Export {£2 12s. Gd. paid), buyers >£3. os. ■ Gd., sellers £3 Is. 6d.; 'Now Zealand Shipping, sellers £1 Is.; Westport-Stockton Coal, buyers Bs.. 3d., sellers 83. 9d.; LeylandO'Brien Timber,. sellers '£1 2s. Gd.; Taranaki Petroleum, sellers; 8a..• ' ' THE MINING MARKET. Sales of Talismans at £2 Gs. and £2 ss. 9d. ■were reported yesterday, the market exhibiting a quiet 'tendency. The quotations wero as nnaer:— , Buyers. Sellers. Sales. ■ ; ' £ s. d. £ s. d. .£ s. d. Talisman 2 5 6 2 G 0 2 5 9 WaihiO ... 9 0 0 " 9 1 0 " . — Tangiaro ... ... ■ — 0 0 2 — Con. • Goldfields / .:. 0 12 G — Big River ... .... I.IG 0 2 1 G — .LLOYD'S REGISTER. . During 1908 .sii new vessels, of 823,168 tons, have beon classed ,by Lloyd's Register. Of these vessels 486. of 817,9G9 tons are steamers and 55 of 4199 • tons are sailing vessels. With the exception of=49 small wood. vessels, of about 1400 tons, the material used in the construction of the whole of tho tonnage classed was steel. Sailing tonnage, which formed 25 per cent, of the total tonnage classed in 1891 .and 30 per cent, in 1892, has sinco steadily decreased, owing to-;.tlie 'fact that'-'tho building of large sailing vessels has practically ceased. For tho five years—l9o3-1907—the yearly average was 1.49 per cent.; in 1908 it only amounted to .5 per cent.., of the total tonnage classed. A very large number o£.vessels of special typo were classed-.during tho year, .designed to meet the requirements of particular trades, including 18 steamers carrying oil in bulk, with a total tonnage of 87,984 tons, and several stecmers fitted with steam turbines. During pSOS, 17steamers of over 7000 tons each nave beenclassed, as compared- with eight in 1907, 12 in 1906,..14 in 1905, and 15 in 1904. Eight of the steamers classed during 1908 wero over. 10,000 tons,each, namely The, "Rotterdam," 24,149 tons; "Tenyo Maru," ,13,454 tons; "Chiyo Maru," 13,426 tons; "Oleoma," . 11,533 tons; ''Pericles," 10,925 tons; ,r Morea,"i 10,890 tons; 'Malwa," 10,881 tons: and "Cairo," 10.564 tons. Of the tonnage classed during the year, 659,888 tons, or over; 80 cent, have been built in the United lyingdont. Among foreign counlrios Japan. contributed the'largest amount of tonnage (four steamers of 43,924 tons), then follow Belgium, France,'and Holland.. The return includes a statement showing the countries for phioh the tonnage that has been classed was built. The tonnage/built for the United Ifingdoln was 394,836 tons, and 427,332 tons for other countries.' i

. , THE COMING BUDGET. i ei^ r j Britain's financial year closes on March 31, and soon after Easter we may expect the Budget statement. ' The Chancellor'of the Ex- ! chequer will show a heavy deficit, and the . t h . ls rnn ge from .£4,000;000 to .£18,000,000, but just'ivhat it will really amount to ; it, is difficult to say. Up to tha end of January the revenue v and other receipts \had fallen £§,600,000 as compared'with! 1907-8, while the., expenditure was- £1,G00,000 greater. -■ The Britjsh Government, will have the- deficit to , wipe out, and to provide for increased expenditure, and additional taxation is, therefore, inevitable. Tho' lino this taxation will take will'be indicated in some. degree during-.the next two or three weeks, more particularly if any increased diity-is to bo imposed. ~A super-tax on incomes abpve seems very probable. '

■ -rWORLD'S- GOLD PRODUCTION.' ,The"i"Engineering and Mining -Journal" of NeV.tfork, whicli'goes to considerable- trouble in preparing: metal statistics, gives the gold yield of the world in'l9oß at 87$ millions sterling, as-compared lyith 82J millions sterling in 1907. .■Tho'increases obtained in order of importance -were from.,the Transvaal, tho. United States,- Canada, Russia, Rhodesia, and Mexico. The Australasian output declined by 2 per .cent. The figures for'tho two years, are as under:—.' ■ < ■ '

, 1907. • 1008. ". Cnited States ' J.' 18,087,140 - 19,262,600 Transvaal ... ... 26,670,476 29,100,000 Australasia ... ... 15,169,870 14,859,200 Russia ... ,5,315,051 , 5,500.000 Mexico ... ... ,- ... " 3,564,000 3,750,000 Canada ... .:. ... 1,652,953 , 1,870,000 Rhodesia ... ... ... 2,253,369 2,657,600 India ; ... • ... ... 2,171,530 2*185,000 AV. . Africa ... ... .1,125,594 ■ .1,160,000. China,, Japan; ... 12,080,675 ? 2,100,000 Other countries . ' •— ' 4,667,367 4$)0,000 <682,758,625 ,£872-14,400 The additions made to ■ the world's visiblo supply of gold during 1903 amount in round figures to about ,£65,000,000, equal to about 75 per cent, of the, world's output. This is regarded as the largest proportion of the production which has f over taken form, and liecome part of the -world's' circulating medium. In 1900 the production of the yellow metal was equal to ,£51,800,000, and each year since has witnessed a substantial increase. t A further expansion /in the current year seems certain. The Transvaal mil show a big gain, andand Rhodesia will also make a favourable showing, but from.Australasia a further decrease may'be expected, judging by thb-figures for the first two months of the year, which compare as under:— ' 1 1908. 1908. Fineoz. Fine oz. Fine oz. Victoria ... ... 103,7G3 103,875 80,932 N.S.Wales ! ... ... 35,508 39,532 40,606 Queensland <. 69,72'! • 57,558 57,005% yV. Australia .... ■ 296,431 ' 281,313 255.-102 S.' Australia. ... ... 2,400 1,600 ,1,600 Tasmania ... ... 10,000 ' 10,000 10,000 Commonwealth ... 517,826 • 493,878 415,545 New Zealand ... - 63,431 85,127 72,874 Total ' 581,307 \ 579,005 518,419 , FAILURES IN AMERICA. Failures in -the United States during 190S were' numerous, and the liabilities heavy, but the. latter were not so great as in 1907 or 1593. The number bf commercial suspensions, wasnot so large as ui 1593 or 1896, notwithstanding that 37 and 47 s per cent, more firms were engaged in business than in the two vears mentioned. According' to "Bradstreet's," 14,066 failures occurred in 1908, an increase of 37 per cent, over 1907, and of 49 per cent, over 1900, the last-named showing the smallest total for-2-1 years. Liabilities amounted iri the aggregate to #59,300,000, a decrease of 20 per cent.' on tho previous year's total. The percentage of assets to liabilities: in 1908 was 56.4, ns compared with 74.9 per cent, in 1907, but with the exception of that year, tho percentugo of assets to liabilities in 1908 was higher than in any year since 1896. Particular interest, of course, attaches to the comparisons made, with .1907, which was a year of panic; but,' aside from a tremendous aggregate of liabilities,:, duo to . the financial suspensions in October of that year and one or two vevy large suspensions -of manufacturing concerns, the full effects of the acute conditions of 1907 were not shown until 1908. The utmost consideration, 'it is stated, was shown for the debtors to ah extent_ not thought possible in past years of depression following panic. Extensions of time and compromises of various sort undoubtedly averted many fnilure. Tho services of the sheriff. were thereby dispensed with and the crippled concerns enabled to itay in business or to resume without recourso to bankruptcy. Thus was worked out one of the 1 modern developments in business which enables embarrassed but otherwise solvent debtors to ultimately survive, and accounts for tho fact that of 1,487,813 firms in business in 1908 less than 1 per cent, failed.

The Customs revenue collected at 'Wellington yesterday amounted ,to .£2170 7s. Bd.

/WELLINGTON MARKET REPORT. > The New Zealand Farmers' Co.-op. Distributing Co., Ltd., report for the week as followi.— Maize, 55.; wheat, whole fowl, 4s. 9d.; barley feed, 3s. 3d.; barley, Cape seed, 3s. 9d.; oats, 2s. 2d. to 2s. 3d.; seed oats, Duns' Sparrowbills, Gartons' Algerians, 2b. 9d. per bushel; oats, crushed, 2s. 6d.; hay, .£3 10s.; straw, £2 10s.; pollard,' £7 10s.; bran, .£5; sucrosine, £7 per ton; linseed oilcake, genuine, 14s. per cwt.; prime oaten sheaf chaff, £3 10s. per ton; potatoes, prime, .£5; onions, New Globe, £6 10s. per ton;, butter, separator, 9Jd.; dairy pats, Bd. to BJd. per lb.; eggs, fresh, Is. Bd. per d 02.; honey, 60's 5d., 14's 5Jd.; bacon, sides 74<1.,rol'j Bid., hams Bd. per lb.j .porkers, 70'b to

90's, 4d., 90's to 100's 3|d. to 4d.; baconcrs, ! choppers, heavy 3d. per lb.; beeswax, Is. Gd. ; fungus, 4jd.; walnuts, sd. per lb. j cabbage, 2a.; cauliflower, 3s. to -Is.; carrots, table, 2s. to ;3s. per sack; green peas, 7d. per peck; rhubarb, ,Is. 6d. to 2s. per dozen;, vegetable marrow, 2s. Gd. per sack; peaches, 2s. to 3s. Gd.; plums, 3s. Gd. to'4s. Gd.; tomatoes,. Is. Gd. to 2s. per half case; apples, dessert, ss. to 75.,- apples, cookers, 4s. Gd. to ss. per case. Poultry—Table roosters 2s. Gd. to 3s. Gd., cockerels 3s, Cd. to 45., table hens 2s. ,Gd. to 35.; ducks, 4s. to ss. Gd.; all at per pair.

FRUIT AND PRODUCE REPORT. ; Following is the report of yesterday's fruit and produce prices supplied by Messrs. Griffiths and Co.—Potatoes, choice ss. 9d. to Gs. cwt., .prima 4s. to ss. cwt.; onions, Gs. cwt.; cabbages, Is. to 2s. sack; cauliflowers, choice 4s. to. 55., inferior, Is. to 2s. Gd.; peas, ss. to 6s. part sacks; ber.iis, Bd. to Is. part sacks; .tomatoes, choice Hutt Is. 3d. to Is. Gd., prime ; ls. to.ls. 2d.; lettuce,,9d. to Is. Gd. case; plums, choice 3s. Id. to 3s. Gd., prime 2s. to 35.; peaches, choico eating 3s. Gd. to 4s. 6d., prime 2s. 9d. ,to 35., canning Is.-9d. to 2s. 3d.; apples, choice dessert, 7s. Gd. to Bs. Gd., prime, Gs. to 75., choice cookers, 4s. Gd. to ss. 3d., prime cookers 3s. 9d. to 4s. 3d.; nectarines, 35.; pears, choice Bs. to Bs. Gd., primo ss. Gd. to Gs., cook-ing-Is. Gd. to ss. 9d.; eggs, Is. 7d.;> fowls, 3s. to 3s. 6d pair; ducks, 4s. 6d. to ss. per pair. A very large volume of business was turned over yesterday in the exchange, large consignments coming in from all directions, and, on the whole, prices, though lower than previous weeks, must be considered very satisfactory. Australian grapes arrived late in the afternoon and commanded spirited bidding. LIVE STOCK SALES. Messrs. Dalgety and Company, Ltd., report having held' their Alfredton sale off Thursday. The yards were well filled with sheep, but few cattle came forward; Bidding under tKe hammer in most cases Svas dull, but lines passed in were sold privately afterwards, with the exception of one or two small pens. We quote: Two-tooth ewes, 10s. 9d. to 12s. 5d.; four and five-year-old ewes, .9s. 9d. to 10s.-3d.; aged ewe's, 7s. Gd.,' Bs. Id., 9s. 2d., to 9s.' Bd.; twotooth wethers, 9s. 2d. to 10s. Id.; lambs, Gs. Id., to Gs. 3d. Cattle: 18 months' steers, 305.; cows and calves, £2; two and a half to three-year-old heifers, £2 ss. Messrs. Dalgety and Company, Ltd., report having held their weekly sale in Eketa-' liuna Yards yesterday. Stock of all description .came forward well above advertised numbers,' 1 but tho sale, as regards bidding at auc-' tion, was Very slow, and. vendors had rather a bad run. Breeding ewes wero hard to quit, and good ewes were also very hard to sell, although tho weather is just as the farmers want it.' We quote:—Good breeding ewes, lis. to 12s. 3d.; full-mouth ewes, 7s. Gd. to 9s. Gd.\- wethers, 2-tooth, ■ small, -Bs.' 7 d.; 2-tocth and 4-tooth wothers, 9s. 3d. "to 9s. Bd.;' forward wethers, to lis.; lambs ,7s. 6d. to Bs. 3d. Rams sold at full market rates—l£ to 2J guineas. Cattle:' 4-year bullocks, <• .£5 7s. Gd.; 3-year steers, £3 155.; 2-year steers, £2 10s.; 18-nionths steers, .£2 25.; mixed 13-month"" steers ' and heifers, 275. Gd.; forward emply cows, £2 10s. to £2 12s. 6d.

Messrs. Dalgety _ and Company, Ltd., report on their Levin sale as follows;—A full yarding, of both sheep and cattle sold well at late rates.: Wo quote as follows Full-mouth breeding ewes, Gs. 9d.; better sorts, to Bs.; 2 and 4-tooth .wethers, 9s. 3d.; forward wethers, 12s. 3d.; cull ewes, 3s. 2d. to 3s. Gd.'; aged rams, 10s. 6d. Cattle; Bulls, ,£3 ss. to .£4; 3}-year bullocks, M 10s.; forward bullocks,\£s 17s. Gd. to >,£6; store cows; £2 165.; aged cows, .£1 35.; •lj-year steers, £3 15s.'

T Messrs. Abraham and Williams, Lt<J., report as. follows:—At Lovin yesterday a'very large entry of cattle camo forward, and, owing to the beneficial ...rain during the r.tsfc few .days, buyers operated with more confidence. With die exception.,of a few, pens, all lots were disposed of at satisfactory prices. ■ A good yarding of . sheep. al?o came forward, consisting principally'of lambs which had been on rape. was- ; not-, particularly keen, but we mado a total'clearance in this department.. Quotations i—2oo • 2-tooth owes, 12's. •" 8G 2-tooth ewes, lls.-9d.;,51'2 and 4t-ooth wethers, lis.9d.; 150 4-tooth to. f.m. ewesi Bs.; 76 ewe lambs, 75.; 180 mixed lambs, 75.; 210 lambs,. Gs. Gd.; 176 lambs, Gs. Gd.; 208 lambs, Gs. Gd.; 20 f.m. ewes, Gs. Gd.; 45 cull lambs, 45.; 112 cull lambs, 4s. 6d.; 12 cull.lanjbs, 45..Gd.; 72 oull lambs, 45.5d.; 3-year bullocks, /M; 2{-year steers, £3 7s. 6d.; 2-year steers,' £2 Bs. to £2 12s. Gd.; 18-months steers, j£2-to £2 55.; yearling steers, 355.; small yearling steers',Tlfc 6d. ly.zfe. brt.j springing heifers, ,£4 ss. to £i 10s.; 2-year heifers in calf, £2 Is.'to £2 55.; empty 2-year heifers;'£2 7s. ;■ yearling heifers, l!)s. 6d. to ,215.; 15-months halfbred- Jersey heifers, 285.; fat /cows, £i to £5 55.; forward cows, £2 12s. •6d. .to <£3 35.. 6d.; . bulls, £3 ss. to ,£4.

> The New Zealand/Loan and JTercantile Agency Co., Ltd., report stock sales for the week ending March 19 as follow:—At. Afiti os Tuesday wo had a good yarding of both sleep and 'cattle./ A better tono prevailed, wid we quitted the tho entry at the following rates:—2-tooth ewes, to 12s. Gd.; 4-tooth ewes,"" (small), 12s. 9d. t0.135. Id.; woolly lambs, Es. 5d.; shorn lambs, to 7s. 6d.; 2-tooth wethers (small), 9s. 5d.; f»m. twes, to 95.; cull ewes, 4s. 7d. to ss. Gd.; fat and forward cows, i 3 ss. to .£3 10s.; storo cowp, 305.; forward cows, £2 17s. 6d. to <£3; springing heifers, £3 ss. to £i Is. ,6d:; yearling ..steers, ;E3 9s:; weaner 'steers, ,ios.; 21-year .steers,- iC3 • 55.;; suu'dries, at lato /rates. At- Feilding cn .Friday wo yarded ir.st on 3500 sheep, and 100 head ..of cattle. Bidding ;at auction was not britlc, but business was done, and very little went oat unsold..'A good demand exists for good quality breeding ewes, but inferior qualities are neglected. qiWe: —Sheep^Cull lambs, 2s. 3d.; medium lambs, ss.'; forward rape lambs, 75.; cull 2s. 7d. ,to 3s. lid.; aged ewes,. 4s. sd. tosfis. 5d.; f.m. ewes, Bs. to Bs. 6d.; f.m. ewes,' 9s. 9ct. to 10s. 5d.; 4 and G-tooth owes, l£s.; 2 and 4-tooth wethers, 9s. Gd. Cattlo: Store cows, o£2; aged cows, 225. Gd. : fat and forward cows, .£3 155.; springing heifers, .£4; 2|-year empty, heifers, £2 125.; fat heifers, v£2'3s.; 20-inonth steers, £2 25.; 21-year steers, £3 10s. to los.,

The New Zealand Loan and Mercantile Agency Co., Ltd., report on their salo at Palmerston North on Thursday as follows-.—We had a good entry of sheep, and a medium yarding of cattle! Sheep were inclined to drag at' auction, but lines passed in were soon quitted at vendors' reserves,- and only one pen went out. unsold..' All the cattle'were. sold\ under the hammer. Wo quote:—Cull lambs, 4s. 2d. to 4s. Bd.; fat lambs, 9s. 6d.; breeding ewes, 9s. 9d.; Eomney rams, £1 ls. : ; Oxford Down rams, If guineas; Border Leicester rams, 1} guineas. 'Cattle: Fat bullocks, X 6 7s. Gd. to £1 10s.; 3-year steers, ,£3 lGs. to. ■ ,55.; forward cows, i£3 to £3 55.; fat cows, £i Gs.; dairy cows in milk, £1 10s.; bulls, J!3 10s.

Hudson' rfnd Marriott report having hold their fortnightly sale of pigs at Levin yesterday. . There was a very heavy, yarding of nil classes, but really prime pigs were scarce. Competition was good, porkers realising equal to Id. per lb. Quotations: Prime porkers, 285., 275.; mediums, 283., 255. 6d., 255.; light, 245.; stores, 18s. to 225.; weaners, 6s. to 7s. 3d.; slips, 135.; baconers, 375. 6d.

, Mr- Newton King's weekly auction report; dated March 18, is as follows:—At Douglas on Monday I held a supplementary sheep fair. There was a good muster of sheep and plenty of buyers, most of the sheep being sold at the hammer ab the followijg prices 2-tooth ewes, 9s. 4d. to lis. 3d.; 2 and 4-tooth do., Bs. Id. to 9s. 9(1.; 1, G, and f.£.m.,d0., 7s. Id.; f.ra. do., 3s. 4d. to Cs. Gd.; fSt do.,'Bs. 10d.; lambs, 4s. 9d. to 7s. 4d.; fat lambs, 95.;, cull laiubs, 2s. sd. to 3s. 7d.; 2-tootli wethers, 7s. lid. to Bs. lOd.; 4-tooth do., 9s. id. to 9s. 5d.; 4 and G-tooth do., 10s. 9d.; rams, *3 to 1} guineas. At Urenui the same day yearling steers made 255. to 365.; mixed yearlings, 315.; empty heifers, ,£2; fat heifers, .£3 75.; springing heifers, ,£3 17s. Cd. to £i 10s.; store cows, 335. to 38s. 6d.; forward do., £2 125.; fat do., .£3 16s. to X 3 18s.; 2-year steer's; £2 65.; forward bullocks, ;f3 12s. Gd. to .£4 45., 6d.; bulls. 335. to 375. At Rahotu on 'luesday weaners made 9s. 6d. to 175.; store cows, XI to .£1 10s.; forward do., 12s • fat do., ,£3 10s. Gd. to £3 17s. Gd.; fat heifers, „C 3; springing do., .£3 155.; 2-year steers, 135.; bulls, £1- ss. At -Stony River on Wednesday weaners made 7s. to 175.; 15-months heifers 325.; empty do., .£2 ss. Gd.'; fat do., £3 10s.; spejred do., fat, «C 4; storo cows, 255. to 355.; springing, do., t £s; fat ewes, 9s. 9d. At Waiwakaiho/on Thursdiy weaners made 10s. to lis. 6d.; yearling steers, 295.; empty heifers, 355.; heifers in calf, £2 Gs. 6d. to .£3 55.; springing, ,£3 55.; heifers, just calved, ,£5 55.; store cows', 30s. to 405.; forward do., ,£2 6s. to £2 lis.; fat do., .£3 17s. Gd. to <£■! 25.; springing cow (Jersey), .£7; cows in milk, £3 12s. Gd.; bulls, 31s. to 38s.

WHEAT. (BY TiIIOBAriI—PRESS ASSOCIATION— COITIllnilT.) London, March 18. An Australian cargo of wheat sold at 395. Gd. LEAD. Lead is quoted at JGI3 ss! per ton. LONDON WOOL SALES. (ni T*i.KGnAru—ruiiss association- cnrrr.ianT.l London, March 18. At the wool market there was the keenest sale of the series, all sorts hardening. Merinsa,,

wero 5 per cent, above opening rates. The sales will close on March 25. The May series will be limited to 150,000 bales. Panikau clip sold at 9jd.

Messrs. Dalgety and Company, Ltd., liavo received the following cable messages from their London house, under date .of March 18:— Sheepskins: Combing merino sheepskins are Id. higher, combing crossbredskins Jd. higher, and clothing sheepskins in general aro Jd. lower. Wool: Sales continue firm, and prices are rather higher, especially for merino wools and crossbreds of fine quality. The remaining dates of our,own sales are altered to March 24. Tallow: Since our last wire prices are Gd. per cwt. lower. Frozen meat: The demand for nil classes of New Zealand meat is limited. Market for New Zealand beef is w.eak, whilst for lamb and mutton it is weaker. "Quotations are as follows:—New Zealand prime ox beef, fores, 2.Jd.; New Zealand prime ox beef, hinds, 3d.; New Zealand prime crossbred lamb, Canterbury, heavy 41d., light, 5d.; North Island, heavy '4\d., light 4Jd.; New Zealand prime crossbred mutton, Canterbury, heavy 3d., light 31d.; North Island, heavy light 3Jd.

Messrs. Murray, Roberts, and Co. have received tho following market cablegram from their London agents, Messrs. Sanderson, Murray and Co., dated March 18:—Wool: Compared with last London sales' closing rates .fine greasy crossbred of good breed and. style have advanced 10 per cent. Sheepskins: Merino and fine crossbred have advanced ']d'. per lb.; other descriptions show no' material change. CANTERBURY GRAIN MARKET. • . (DY TELEGttirn—rsr.ss- ASSOCIATION.! Cliristchurch, March 19. The rain will put a stop to threshing operations for a few days, but a fairly large quantity of grain, has already been put through tho mills. Purchases of wheat during the past ft.v , days have taken plice -upon a considerably larger scale. . The shipment of grain to London is restricted, oa accouat of the quantity of frozen meat,' wool, and tallow now being dispatched, but some shippers; who had engaged spaco for oats, not being able to obtain ail their retirements of this cereil, filling up with wheat. Sinco last report sales amounting to ever 50,000 bustels of wheat have been rec'oi'ild, including 3000 bushels of pearl at 3s. 7d., 15,000 bushels of tuscan at 3s. 7d., 8100 bushels at 3s. Sid., 8450 bushels at 3s. Gd., 6000 bushels of tus- 1 can and hunters at 3s. 7d., 3100 bushels of Eearl, tuscan, and hunters at 3s. 7d., 4SOO ushels of hunters at 3s. 7d., 3SOO bushels at GJd., 555J bushels at 3s. Gd. Oats are not being offered very freely.' and moro could bo taken by buyers, though they are not prepai'ed to givo more money to induce growers to send forwjffd larger supplies. Amonf sales reported are 800 bushels of Algerians .at Is. 7d., 200 bushels, good milling gartons at Is. 4d.,. 500 bushels of Canadians at Is \3Jd., 400 bushels of gartons at Is. 3d., 180 bushels of Danish - at Is. 2d., and 1500 bushels of duns\\fc Is. 2d. , Oatsheaf chaff is dull of sale. ! Some of tho new chaff being delivered is not in good condition, and, has been rejected.:. The price is nominally £2, and a sale is reported at 38s. The price of butter has been reduced\ld. per lb. all round.