COMMERCIAL.

Globe, Volume III, Issue 237, 13 March 1875, Page 2

COMMERCIAL.

The publication of the agricultural statistics has put acheck upon values, especially for oats, as although a large increase in excess of last year’s production was expected, the statistics show the aggregate yield is quite beyond anticipations. Wheat is not nearly so firm, and it is only very prime lots which sell at 3s. The latest English telegrams arc dated 23rd February, and report a falling market, and also that the weather so far has been very favorable for the next crop. These advices and the certainty there is of a very large surplus, are making buyers operate with great caution. In oats a considerable fall is looked for, as the surplus for export this season is far in excess of any previous year. In 1872 and 1873 the yield of oats was 897,544 bushels, in 1873- 1,053,549 bushels, and the present season of 1874- it has reached 2,203,666 bushels, or 1,150,117 bushels in excess of last year. Even these figures scarcely represent the actual difference, as it is certain last year’s estimated yield was not realised, while so far farmers’ anticipations are quite up to their estimates, so that there are considerably over 1-i millions of bushels of oats, surplus for export in excess of last year, or say 312,500 sacks. The principal buyers have reduced prices to 2s 3d for ordinary samples, but for any really prime milling 2s od to 2s 6d would still be given. Barley is the only article in the grain market which keeps firm prices, continuing at 4s 6d to 4s 9d for prime, and even higher prices are talked of. The statistics show about the same quantity as last year, but farmers’ estimates last season were not realised, and as far as threshing has gone up to the present farmers’ anticipations are being borne out. Potatoes are offering at £2, but the yield is fully double what it was last season. Butter is very firm at Is Id to Is 2d, and likely to get dearer. Cheese meets a good demand at 6jd to 7d. Hams andbacon are quite out of the market, Grasi seed, ;if dean, sells freely »tSf.

The Customs revenue collected.yestcrday was as follows!— £ s. d. Tea 104 3 0 Tobacco 214 5 0 Su<rar ... 92 10 11 Coffee ... 12 13 9 Spirits ... ... ... ... ... 82 o 6 tTine .. 3 11 4 Drapery 27 1 10 Stationery 11 8 3 Sundries 23 12 2 £551 10 9