COMMERCIAL INTELLIGENCE. (From the " Sydney Herald," Feb. 7.)

New Zealander, Volume 8, Issue 612, 25 February 1852, Page 2

COMMERCIAL INTELLIGENCE. (From the " Sydney Herald," Feb. 7.)

Oon importaiions loi (he week have been hedvj, but (or the most p.m consisting of Goods 101 which there is a bride demand, caused by the continued diain tium Vittoiid : ihuuld we have a repetition ot those ordus, they can only be executed with difficuity out ot our present stocks Up to this tune, the mercantile community of Sydney have deiived much more benefit tiom the VlttoiM gol'l mines tlun fioin any lncieaseol consumption at those iKdtei home. Oui gold diggers, vn most instances, liAve lntheito uoai led then gains, whilst those at Mount Alexandei | appear to sqtiitndei then money with a most lavish hand ; expedience dtailj bought has taught us the value of inuney, and the (I'lvantiiges to be densed fium a caietul investment ot it. At auction, damaged Congous ie.tlnted 72s Od. to 775. Gd. Large Sales are repolted PHVjll]> : tor veiy supeuor samples Ois has been paid. S.ilea ot Pampangd Sugars have betn effected at I 7». 6d. to some extent ; there is a gieat want ot fine samples, this season's imputations being of veiy middling quint). Ale in diaught is much enquncd 101, and none tor sale, the draught Porter ex late ships has for the most pait been closed foi at llOs. to 110s pel hogshead. Biandy is in busk demand, and nocks itin low ot the belt brands ; " Mai toll" is quoted at 6s. to 6s. 3d. lauded; the paicels ex late ihips will doubtless sell timely as they are bouded. Geneva has been enquiied for, but no sales to note above Us 6d. Rum—The late arnvals have not tended to depress cuuent rates. good samples Joi immediate use much warned. Salt in baskets is wanted; fine stoved is quoted at loOs. to 110s Cuaise Liveipool has been Uken to some extent atfl u7s> 6d. to 755., ex late slnp». Bacon-Good Samplis ot English would meet a ready sale, a small paicel now to hand svill remunerate the linpoiter. Cheese is ninth in demand, and quoted at la. 3d. to Is 0(1. Fish —Lmg has been taken at 4d.; hen ings, at 245. pei halfbarrel; ditto,ied, uvtuis,dud laud 2lb. salmon, are much wanted : bait salmon is .ilso enquiied lot. Coffee—The maiket is still quiet, stocks are not excessive. Gun, nils —We nonce an impiovernent; leduced stocks and biisk demand. O.itme.il— sales of English at 2Jd. to3jd. Pickles die much encjuued tot by smppeis. Uice —l lie demand continues foi best F.itna. Raisins—l'he stoics have been neatly cleaied for the soutln\aid. Sago is also taken in quantity for shipment. Soda—But little enquny. btdich is quoted low , sales at auction 3js. _ Soap - Our colonial rnanuractuieis are pushing sales. Vinegai —'Ihe stock or Inst bi audit is not now hedvy, but no partictildi advance to note. Sugar-English retmed, mo\es freely fiom second hands. No sales ot Manila to note. Tea—Per Re>g,ia. a small paicel is reported closed foi at 775. Cd. Quotations now leave a wide margin ; viz., 60s. for line, to 80s. tor extia-tine. Uysonskiu and congou is enquued foi in boxes. Tobacco —But tew tiansactians are reported; Barratts is quoted at 2s. 3d., and Ken's a shade less. Alaige paiecl ex Nightingale, is expoited, lold allavouiabl* intes tor samples. Shellaid's at auction realized It. ild. Cigars —A large business is doing, and some of the impoiteis cleat ed out Copper, lion, Lead, &c—There i» but little doing. Bath Bucks-Sales at Is. Hkl. Bags are not saleable. Pdcks and Bagging likewise dull. Canvass—Dull. Cement—Ditto. Conosive ibublimate —Ditto. Epsom Salts, Glue, Gunpowder, Hdps, Wliitelead —Unsaleable. Jhllslones—Aie wanted. Is ails, baldd Oil, and Points, are veiy dull. Castor Oil —English bottled is saleable. Rope—Euiope is dithcult of sale; Manila is reported sold fo» shipment at abont 50b. Flour-The lein.iinder ex Nightingale has been taken by the bakeii, who ofiei to retail at Ids. 11. HARNETT, Bioker. Sydney, February 7.

GOLD CIRCULARS. The present has been rather aneveutful week, occasioned by the icceipt of advices tioin London with assays and accounts sales of the gold shipped per Thomas Aibutlinot and Lady Clatko, which show a lesuit highly i.ivomable and far supeuor to .untiling we e\er anticipated— it wab always supposed to be belter than Oahfuimau gold, 4itd indeed it would icquiie (o be, or some ot the puii'haseiamust have been expending their time and capital toi nothing, at m many instances they have paid for it, including Exchange, the full value ot California gold, but it was neVei expected by the buycii to prove only $of a caiat shoit of pure gold; ami although Mr. Hale, Mr. ii.tinu, and othci jewellus, frequently expiesied their opinion that such would be the case, they weic Heated as men ot too sanguine tempeiamcnt, and consequently not believed ; they wete, howevei, quite conect, and the sluppeis may well congiatulate each othei on the handsome profits they will make. The eftectof this intelligence on the puce heie has been veiy maiked— it lose, notwithstanding, the quantity in the maiket per Miatnrock, tiom 63s to G is, Cjs, Css Od, and was even sold yestei day by auction a» high as 60s 2d.— and heie it Mirely must stop, as a has now attained a puce that will not leave more than a. fair piotit on the capital employed and risk run. Hie specimen sent home by the wiiter proved 1 caiat 1 grain better than standaid, and contained 4 dwts. 12 gra. of silvei per lb., being theielore equal to 23j carat gold. Ihe Atcount Sacs of that sent home by Messis. Smithy Campbell, and Co., in lthc Thomas Arbuthnot, iliow it only 2^ grains in one sample, and •2i grains in another, better than standatd, or eqnal only to a fi action beltei than 22J caiat gold. Inexpenenced pmebasen must not, however, lun away with the idea thnt om gold m its uw state is wotth uioie than standaid gold ; it has to go thioiigh a piotess before lti puiity isasceitained, and the loss in melting is very consideiable, as will be seen by Messri. Smith, Campbell, and Co.'s Account Sales, wheie in one case it lost 14 pel cent., and in the other case 0 per cent — the forinci being miked with quartz, and the latter Hue gold. There aic also to be taken into account, expenses tor melting, refining, assay, biokeiage, height, miuiance, commission, and exchange— so that while at b2s, and exchange 7 per cent., it left i veiy handsome prolit— the lesuit will be fai ditlcieut, at the present price ot 00s 2d, and exchange 8 per cent. 1 deem it right to bung the truth thus piommently forwaid, so that men may not be misled and induced to give a tery high puce, under the impression it will nett the full value of standard gold in London, which is not the case, and which they would iind out, peihaps to their sei ions cost, it not ttuisfoiewamed, In the course ot a few months we shall doubtless have large capital out lrom England, with extensive bujeis mho will be fully piepaied to give within a fraction ot its extieme value, and paities will then find that, if exchange remains at 8 pei cent., there is, not much margin to go beyond 665. 2d. The news from some of our mines this week is not at all encouraging, .aiising from the excessive lam and consequent impossibility of woikmg the claims. At the Tuion they have had, mice oui last, such a stoim as never was pievjously witnessed, destroying, in many instances, tents, ci .idles, goods, tools, and occasioning even loss ot life. Some who had been waiting months to work their bed claims, and had just beg. in to asceitaiu their value, have become so disheaitcned by this tempoiaiy destruction of their hopes, that they have sold out for pikes meiely nominal. Menot greater energy have lett the bed claims for the pieseiit,and are working in the mountains with veiy tair success. Oplur is also in the same state as the Tnion. Mr. White has been compelled to suspend operations at the w atei hole, and very few men aie now employed. A coiibideiable stn has been caused in the town of Bathurst by the discoveiy of gold in its stieets, proving beyond a doubt that some of the streets ot Australia's towus are literally paved with gold. It appears that the soil has been cat ted tioin a place evidently ot aurifeious chaiacter. A public meeting has been held in the town, and measuie* are being taken to prospect m various parts ot the subuibs. The property of Mr. Sutloi also, at Brucedale, near Bathur»t, has been round to contain gold. One dish ot eaith had pioduced 200 specks. At Meioo the mmersweie doing remaikably well. Some new diggings have been discoveied within hve miles, and it is said that one paity obtained £'2000 worth of gold in a few hours. The Braidwood mines continue to prospei. A young man named Yates, lately fiom California, hits intioduced on Majoi's Cicek the method of tunnelling in diy diggings, which bids tair to yield extensively, and is likely to be Lugely imitated, as a considerable number ot claims have been taken up to be woiked on this plan. The most important intelligence from Victoria is he discovery of a nugget of pure gold weighing 271b Ho/. It was obtained in tome new diggings at Mount Alexandei, called the Fnai'sCieek, and was puuhased in Melbourne by Messis. D. and S. Benjamin, ihe escoit last week brought into Melbourne 10,070 ouncei. After hearing that the Tin on and Ophir were under water, we did not expect to receive any gold by escoit this week. Nevertheless, it did airive as usu.il, and biought in fioin Sofrla, 800 07..; Batlmut, 393 oz. ; and Ophn 44 oz. The mails during the week have biought down from Biaiduood 700 oz. ; Bathuist lbO oz. ; Goulbiirn, 13 oz., and Solala, 430 oz , making a total of 2054 oz., worth about £76-25. 'Ihe Union Bank reduced the exchange to 8 per cent discount to buy, and ci, discount to (ell, and the other banks have since done the tame. The export since our last lias been — oss. Februaiy 2, Jane Frances, foi L0nd0n.. •...1000 Fibruarj 0, Autumiius 31)44 5444 Which, at 05s. per oz., g^es £17,693 0 0 Add pievious export 702.505 5 7 Total ihippcd to thil date £720,588 5 7 Exchange on London— Diafti against gold, 8 per cent discount. Freight, £ per cent. 474, Geoige-stieet, Fcbrmny 7. George A. Lloyd.

iii cunaequi'iito ol (he uiipit'cidcutcd inundation ol (he Turun a M:iy .«niall quantit) ot gold ainvid tlm week The anionut poli l owing to ihi«, .nut ilil' cause mote paincidarly •id veaed to la>t week, was small in companion with former silts. At ti c same time it will !)(. seen tb.it pi ices h.tvu advanced coiisi(lei.il)]\ , and luc smivals fioin Euiope, which liave now tanly set in, >m I the dispusilion to purclMse winch gtnerrtlly is appaitMit. innst nt'Ct s.i.nil) tend to c-l.t bl ish lntjhci tales By tins inoining s ovuUnd mail we li<i\p advices of consideidble (lisap|)ouitni( nt and uutt'i t.unl>, if not dtcidcd icxtion, in the mining opentions ot the sotitliein piovince Still largo quantities ol yold continue lo arnvr in Melbomne fioni Mount Alexaiuk'i. But it is lepoitcd in the best infoimed quartet?, that the New South Wales Govcrnuunt have batisucloiy inloimation of a gold hild jet unexploied, though it i» believed to be not vciy distant ft om the Meroo, wlucli bids tan to eclipse even the pioiihc Mount Alcn.ukUt diggings.

S\IjNEY JVIAHKtrS. — FIJIDAY, FIBItUAHY 6. The Mills, — Messis, Batker and Co.: Ihe supply of wheat tins wtck h.is been an impioveineut upon (lie last, .mci pucirt lid^e langul, .iccoiding lo sample, iioni <Js 3d to 4s fid. Flour lemains at last quotation— £[3 tor (list, and £11 for second qunlity pei ton of Ib. Bian Is 4d to Is 6d per bu-hel, d.coidnig to quantity. Mr. BieilUt : a j-iadual supply of wheat .is daily coming to m.uUut, which realises fiom 4^ to 4s lod per bnshtl, in piopuiuon to qimhty. Floui is moderale lequeat, and leiJMjiu fiini at pievious quotations £13 per ton for line, and £11 forstconds,, Ui.m is scaice, in great demand, and the puce has advanced to Is fid per bushel. Sir. Smait: Win at 4s 3d to 4b Od pei buahil. Vloui, lalhei dull ot iale, at last week's quotations, viz, £13 for fine, and £11 foi seconds. Bian fioin Is J d to Is (id pu Iniihol.

IJouakt Town Marklts. The Markers remain at about our last quotations Wheat, 65. ; Cape Barley, 4s. ; English ditto, 75.;. Oats, 6s. 6d. ; Maize, ss. ; Bran, Is. 3d. per bushel; Hay, £4 ; Flour, £17 ; Potatoes, £6 to £7 per ton ; Butler, Is. 3d. per lb.j Eggs, Is. 4d. per doz. ; Poultry, 3s. 6d. to ss. per couple ; peas, 5s ; tares, Bs. ; apples, 6s. per bushel. — Hohart Town Advertiser, January 23.