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Tuapeka Times, Volume VII, Issue 400, 17 October 1874, Page 3

The reports on harvest prospects of some of the London corn factors are not wholly favorable ; it is said that the early white wheats are somewhat blighted, and that is admitted by others who .consider the fact quite unimportant, European and American crops having turned out so much above the average both in qauntity and quality. Best Adelaide wheat is reported on 6th August by Messrs, Burrows and Perks Vk worth from 50s to 61s ; Tasmanian, 57s to 59s ; and New Zealand (of the laßt crop), '58a to 59s — all per 496 lb., ex granary. The later arrivals from New Zealand have been of very nice quality indeed, but some of the earlier shipments, doubtless of a previous crop, were very inferior and unsaleable, and in consequence much is unsold here. Superfine Adelaide flour is in but limited request at 44s per 2801 b., ex granary ; seconds, 40s to 41s ; and inferior qualities almost unsaleable. New Zealand meets with but a retail demand at from 34a to 38s per 2801 b., according to quality. This class of flour generally arrives sour and lumpy, being unable to stand the voyage as the drier and finer Adelaide can. The grain arrivals from the colonies have been by the Ocean Mail, Salisbury, Soukar, and Pleiades, from New Zealand. There have been no arrivals of wheat from Adelaide during the month." The value of Californian wheat is thus ; referred to :—": — " The very large surplus of I wheat for export from California (estimated at fully 3,000,000 quarters) has caused the price of cargoes for shipment from /thence to fall considerably, and there are now sellers for prompt shipment at from 48s 6d to 50s per 5001 b. cost, freight, and insurance to Cork or Falinouth for orders." We have some interesting intelligence regarding the opening of the London hop market for the season: — "The first pocket of the growth of 1874 arrived at the Borough hop market, from Mr. J. R. Thompson, junr , of Moatlands, Brenchley, Kent, and was sold by Messrs. Laurence, Latter, and Co., at 22 guineas per cwt. The pocket was grown on an exceptional spot, free from disease, and is of fair quality for so early a picking. The picking will be generally later this year than usual, from the severe and repeated attacks of blight -and mould in the greater number of ihe plantations. There are very many thousands of acres that will not produce lcwt per acre, and in some places the crop is a total failure. A very limited portion only will yield an average crop. Opening quotations for Wealds and Sussex range from £8 to £8 10s,, ■and £14 to £15 for Goldsmith's Mid and East Kent. For yearlings £7 to £7 10a. per cwt., ia required." — "Australasian."