COMMERCIAL INTELLIGENCE. (From the "Sydney Herald," July 19.)

New Zealander, Volume 7, Issue 554, 6 August 1851, Page 2

COMMERCIAL INTELLIGENCE. (From the "Sydney Herald," July 19.)

The whole civilised world will receive with astonishment the intelligence with which the colonial press teams, that a mass of gold weighing upwards ofloo (one hundred) pounds was disembowelled with the least possible labour, by an ignorant aboriginal, without mechanical assistance, or implement of any kind, excepting his tomahawk. The effect upon the British public will be an immediate rush of emigrants of all grades for the pint of Sydney. Who can listen tamely to such informa'ion ; a country capable of producing every necessary ot life ; a climate that cannot be surpassed ; abounding in gold. What other temptations can we offer in inviting immigrants to our shore. Upwards of twenty thousand pounds worth of Australian gold, discovered in the short space of two months, in the middle district, will go home in the Mary Bannatyne—indepeudant of a la ge quantity amassed in the interior prior to tiansmission to Sydney. We have to congratulate the merchants, bankers and others, on the present stability of shop and storekeeper, and the total absence of undue speculation amongst this class. A different policy under existing circumstances would lead to ruinons results. An immense influx of merchandise may be looked for from the commencement of 1852 ; we trnst consigned to resident merchants — the folly of sending out young men inexperienced in the management of colonial trade having, some eight or ten years since, been a leading cause of bringing ruin on the community. During the week a l<iige business has been done in flom, sugar, tea, and tobacco; some speculative purchases of brandy are ic* ported j nun is enquired for j salt has also become an article ,of interest as stocks run loiv. Flour has advanced dining the week, importers having s-o d as high as £24 to £25. The millers evince considerable firm- 4 ness in their operations. The first foreign ship that has been laid on for London is now on tiie berth. A competition from abioad will have the effect of materially reducing freight*, by which the stockholder will benefit considerably — even at the antipodes we teel the beneficial result-) of the abiogation of the navi^atiou laws. R. Harnett, Broker. Sydney, July 19.

Sydney Markeis. — Friday. Tun Mill Reports.— Messrs, Marker and Co.N : Large quantities of wheat have arrived during the week from yan DiemerTs Land and Port F.iiiy. as well as coastwise, bat only a veiy smail quantity by the road. Thpre have been no sales of Van Diemen s Laud wlieat, speculators holding for higher rates, and nearly the whole from the coast hab been for delivery in fulfil* ment of old contracts with the millers, so that there have been very few new sales. Colonial may be quoted at 9s. to 9s. 6(1-, and Van Diemens Land 103-. per bushel. Flour has advanced £2 per ton, being fit in at £25 for fine and i' 23 for second quality. Bran Is. 2d. to l.s. 3d- per bushel, according to quality. Mr. Breillat's Mill. Large importations of wheat have taken place this week, which is mostly held over for higher prices than the mills are at present disposed to give. A few small lots of colonial have been brought to maiket, and sold at Bs. to 10s. per bushel. Not* withstanding the late arrivals, nour has advanced £2 per ton, fine being now £25, seconds £23 per ton, with a very firm market- Bran has also advanced to is. 3d. per bushel. Mr* Smart's Mill: We have had large impor.ations of Launcseton and Port Fairy wheat, but mostly to older. Holders refuse to release except at most extravagant rates. Of colonial, the little that has arrived during the week was sold at from Bs. 6d. to 9s, Flour has advanced £2 per ton of 2000 lb. The quotation for fine is now £25 aud for seconds £$3. Bran without alteration. Majzb.— 3s. to 3s. 6d. per bushel. Oat-,.— 35. 3d. to 3s. 9d. Barlei.— 3s. 6"d. to 4s: good malting is in demand at a higher figure. PoTATors.— Colonial, £3 to £3 10s, per ton ; Hobart Town, £5 to £5 los. ; the market is oveistocked with the New Z e aland aiticle, and no sales.

Cattld &c, for Siaughter.— The supply of cattle and sbeep has been very deficient this week j pood animals have fetched remuneiating prices, and will continue to do so for at least ihiec months to come. Cattle -* 65 head were sold at 35s- e.ich 5 109 at 505.; 80 at 555. ; and 68 at 80 Sheep : 700 fetch, d Bs, per head ; 800 realised 83. Gd. ; and 1000 weie sold at 10s. per head. Pigs sell leadily at from 2d. per lb. for large, to 4d. for small shop pigs. Limbs are worth from 6"s. to Bs. ; and calves from 15s. to 255., according to quality. Horses. — The demand for town use is increasing as spring advances, but the horse market is very dull at present, there being no arrivals from the countiy. If a lot in good condition were onered, they would meet with quick sale Mr. Stewarts sales wese—l at£lB., 1 at ilO., 1 at 91., and 17 at from 8/* down to 25b. Messi's, Armstrong and Buit's horse sales during the past week number 31 head, as follows- 6' at 1/. 105.,3 at 3/. 4at 41., 2at 5/,. 2at 67., 1 nt 7/ , sat 9/ , sat 10/., 2at 12/., and lat )31. During the past week horses have been in demand, and have readily sold at their value. Messrs. A. and B, have seveial orders which they are wholly unable to execute from the extreme scarcity of really serviceable ai.imals.

The Crops. —The whole dUtrict surrounding Paramatta for miles presents a most delightful prospect of an early and abundant harvest foi both hay and wheat. The settlers in every direction continue to the last to sow \vh at wherever they have room ; and we may safely aflirm that a more propitious season was never before experienced.