COMMERCIAL.

Westport Times, Volume VI, Issue 1012, 11 October 1872, Page 2

COMMERCIAL.

CURTSTCHURCH. The «rain market is very quiet. Wheat nominally 4s 9d to 4s lOd per bushel; flour, Ll3 per ton ; oats, 2s Id to 2s 2d per bushel ; ba'ley, 6s to 6s 3d per bushel; barley, 6s to Gs 3d per bushel ; malt, 8s 6d. Provisions active. Butter, lOd ; barns and bacon, 7d to 7£d ; potatoes, scarce, L 4 16s to L 5. DUNEDIN. Flour is firm, and in good trade demand at LlO to Ll3 10s. There is no barley offering. Wheat is offering more freely at 5s 3d per bushel ; oats firm at 2s to 2s 3d. NELSON. Messib N. Edwards an>l Co. quote Bridgewater Mill fine silk-dressed flour, at Lls per ton; Adelaide, LIS; Redwood's, Lls ; Rutherford's flour, Llo per ton. Bran, L 5 ; pollard, Lo 10s ; sharps, £6 10s per ton. Wheat, 5s 6d ; barley, 3s 6d to 5s ; oats, 2s fid to 3s per bushel (if 40 lbs. Malt 7b 6d to 8s per bushel Potatoes, L 5 to L 6 ; bay, L 4 10s. An e < traordinary panic has lately prevailed, and bad a severely d pressing effect upon the market for breadstuff's in Melbourne, caused by news from California. A telegram sent to Sydney was to this effect: —"The harvest is the 1 rgest ever known." But the hope is expressed by the ' Melbourne Journal of Commerce' that before many days " a better feeling wdl prevail." The figures as given, bowever, if correct, will not fail to affect the price of flour and grain. It. is expected that equal to from 400,000 to 500,000 tons wheat will be shipped from San Francisco to Melbourne within the next twelve months ; and the tonnage known to bo on the way to that port is set down at the enormous figure of 153,219. As our relations are intimate with both ports, and we are regulated to a considerable d grec by our near and influential neighbour, it were impossible to avoid being affected in the same way, and in a relative degree, with Australia.