FROM OUR EXCHANGES.

Temuka Leader, Volume 2, Issue 148, 24 May 1879, Page 2

FROM OUR EXCHANGES.

The news of Victoria’s requirements in the wheat line (says the ‘ Oamaru Mail’) must necessarily have a stimulating effect on local values, because, although it may be urged that Adelaide has a large wheat surplus, which will bo at once put forward to the outlet opened up by the demand in Victoria, still we see no reason why Oamaru should not compete favorably with Adelaide even in Melbourne markets. We notice from cablegrams that Adelaide wheat is linn in Sydney at os per bushel. Now there is no import duty in Sydney, and the cost of sending grain from Adelaide to Melbourne would not be much less than that of sending grain from hero to Melbourne. The Adelaide exporter, who can get 5s in Sydney, would require to get from 5s Gd to 6s in Melbourne, on account of the export duty there, and this would mean about 4s 9d for New Zealand wheat in the same market, • or 4s to the exporter here. Well, this would be a decided relief, after the low prices and slack demand which have hitherto been obtained. We notice also from London cablegrams that the wheat market is firmer, New Zealand being quoted at 48s per quarter. This, with the late advances in wool, and the present firm condition of that commodity in the London market, seem to point to a revival of the trade in the staple products of this colony. It is stated by some natives returning from Parihaka that To Whiti intends to stop holding monthly meetings at Parihaka. The ‘ Herald ’ learns from natives passing through the town that Te Whiti’s talk was to the effect that there was to be no more fighting, but that he would consider seriously the words of the Government. The Royal Commissioners resumed their sittings at Kaiapoi on Wednesday, 21st instant. Mr Izard at once applied for an adjournment to Wellington, as the natives did not think the investigation could be proceeded with satisfactorily unless the original Akaroa deed of cession was produced. . When in Wellington he would take the necessary ‘steps for the production of the deed, and the Commissioners could then adjourn to-Akaroa, resuming the inquiry there after the lapse of three or four months, and afterwards proceed with the Otago and Southland cases. There was another reason for the adjournment on account of some of the witnesses being too ill to attend now. The Commissioners granted this application, and adjourned to the Parliamentary Buildings, Wellington, on Tuesday next. Before rising the Commissioners complimented the Maoris on their very orderly conduct during the time the inquiry had been going on at Kaiapoi. The Government have refused to assist the unemployed at Christchurch, referring them to the Mayors and County and Road Board Chairmen of the district. Mr Sheehan’s negotiations with Rewi are regarded at the Thames with great satisfaction. The ‘ Thames Advertiser,’ which is not favorable to the present Government, admitted that the Premier and Mr Sheehan had sown 'some good seed at Kopua, although the meeting seemed unproductive. Rewi has reviewed the Te Awamutu Cavalry, and complimented them on the excellence of their drill, but he informed them that their trade was done away with, as for the future there would bo no disturbance in the North Island. The 1 Tuapeka Times ’ learns from a correspondent that a resident of Roxburg named William J. A. Harris has recently succeeded, through the death of a friend, to a fortune of £60.000 in cash, besides a valuable landed estate and personal property situated in mo of the eastern coimt.es of England.

The official «ttaiislics of Victoria slmw the yield of last harvest to be 5.71-'>.Oiio bushels of wheat, or a decrease . f 1,1102,000 bushels compared with tbe previous year. The average yield aws 8 - 7, compared with 12'4 List year. The yield of oats was 207,000 bushels, which is an increase over last season. The additional acreage under wheat was 94,000. New Zealand oats are plentiful at 3s Oil to 3s 9d. Four thousand bushels were sold to-day in two lines. Holloway’s Fills give instant relief. JgSsgestion gives rise to a large share of maladies of mankind ; it occasions more miseries than the doctor knows names for. Indigestion springs from many causes, over which Holloway’s Pills exercise the most perfect control. They act at once on the stomach, liver, bowels, and kidneys, and correct their torpid, defective, or disordered functions. They restore the waning appetite, strengthen the feeble stomach, and spare the dyspeptic sick headache, and many nameless torments. They recall every organ to a true sense of its duties. Holloway's Pills have with facility cured cases of bad disgestion which had existed for a long time and baffled much medical skill. They are reliable remedies for all varieties of inclisgeslion.