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COMMERCIAL INTELLIGENCE.

(Flora the *' Sydney Herald," Feb. 2i.) Our anivals have been htavy dm ing the week, consisting for thr iiKut pjit of consumable goods, for which thcie has been a brisk demand. Beer, in bottle and bulk, has come in in quantity, and been freely t.ikenby the trade at lOs. to Hi. for bottled, and 07s. fld. to 100s. for potter in bulk ; Biandy has been quitted in quantity, at ss. Gd. to 65.; Rum is enquired for, and slocks of Gin have run low, with improving rates; Old Tom is enquiicd for. Hams are wantrd at i4d. to JOd. per lb., ami Cheese at the same figure. Several sales ot Loaf bugarare repotted at 38s. to ■10.'., which rates ate baiely lemtinet alive j I lit Sugar Company 4ie pushing tales at lovvtr rates, though we bate heard of a parcel been taken for the country at 38s. We notice *ome parcels of damaged sugars are to be submitted at auction during the early part ot next week, which we doubt not will realize full prices, as stocks in iinpoiteis 1 hands are limited, the aiuvals of late being piincipally on nianiif.iclmeis' account. The Statesman, arrived to-iUyiwitli Coolies and sugar, proceeds to Port Phillip with both ill z few d.ijs. There have been several talus of Pampanga and Zebu sug.us during the week, but no alteration to notice. Few Teas have ai rived ; the Almcda'i cargo, consisting of congous, docs not interfere with the maiket; quotations continue .it 785., for fair cpngons to 100 i. (or very fine ; hysoijikihs me quoted at Otfs." to Bit« for fine. Sales of Coflec are repotted at 42s'. to 475. Sago and Rice are in brisk demand for the tdtithein markets. Salted Salmon is leported sold at 7d., jiid tins of flesh salmon much wanted. Sai dines aic enquired for; the demand for all kinds of liMi increases much as Lent approaches. Herrings aie taken readily at a considerable advance, as they come to hand, and Ling also leaves a handsome pi out. Several «tlei of S«tlt sue repotted, but the trade mint be very fully stocked, ai arrivals are far in excels of our present demand. Bacon and Butter are much wanted, and veiy high rates quoted. Tobacco has come in in quantity, without any disposition on the part ot the trade to operate at present rates. ! Febiuary, 20. H. Harnbtt, Broker.

GOLD CIRC ULARS. By the Havering, from London, on Monday last, we have advices to the 17th November, mid it is gratifying to find that the fact of gold existing in Australia was beginning to produce a wonrieifiil eflect in the mother country. The mail which left this by H.M.S. Havannah on 18111 August, was received on 14th November by the JBrunl steamer, and conveyed intelligence not only of the discovery of the celebrated cwt., but ot in positive ihipment and departuie per Bondicar. This of itself was sufficient to arouie the energies of all Em ope, but in addition to this tbe same mail announced actual shipment! of 3540 oz. per Mary Bannatyne, 8203 oz. per Bondicar, IMS oz. per Hav*nnah,' all of which iidd sailed, as well as about 7000 oz tn leave in a few days per Mountstuart Elphinslone; —no wonder, therefore, that the great question in the city, in the suburbs, on the railways, 111 ihort everywhetc was, Australia. People were talking of emigration who never thought of such a thing before, and theie can be veiy little doubt that multitudes will speedily be on their way out. The* excitement produced at home will be increased as ships continue to arrive with tbe treasure, and thus add fuel to the /lame. „ , The Colonial Government have received no positive instructions At presenf,'but this may be accounted for by the iinpor* tance of the subject, and consequent necessity for due deliberation bi-foie adopting «; policy which experience might prove to be erroneous. , The news from our mines this week, although not of a startling character, is 011 the whole highly satisfactory. At Bra id wood 1320 Jlcenl.es have teen issued this month, and several patties were doing very well. One man had obtained 130 ozs. in one day. The blight was very prevalent, and ■ few deaths had occurred fiomdytentery, but in most case* arose from imprudence. At Tuena Creek about 130 men are at work, and some of them ate making from 7to 10 ozt. per day. The Meroo and Diit Hole Creeks are drawing the miners away from the Tui oll, where they have suffered so much'from continued inundation. Some, however, ate still working'tbere, although up to their knees in, water. If the weather continues line for a few days, it is expected that l.irge quantities of gold will be got out of the bed claim. At the Hanging RucW Diggings, in the neighbourhood of lrim\vortli,about twenty-seven cradle* are engaged, and the gold appears very good. The escort brought in this week from Sofala 1852 ozs. ; Ophir, 20 ozs. ; Bathum, 398 ozs. ; the Meroo, )000 ozs. ; and the mines — fiom Braid wood, 697 ozs.; Sofala, 1006 ozs.; Bathurst, iiOd ozs.; Goiilbnrn, 13 1 ozs. ; in all 5385 ozs.— worth about £17,400. The price has been affected to a considerable extent this week, by the decision of fome of the banks not to advance at all on the shipment of gold to London, and a reduction in the rate ot advance by other* to 40s. per ounce ; the Anglo Brinks have, however, re«olv«iV to become purchasers^" Mtd tome sales have been ma.de l9>, (hem at (555. Od. ; they have been driven to adopt this couise in consequence of the continued drain of specie to Melbourne ; and it is, we believe, their intention to enddavmtr if possible to equalize the pi ice between Syd ney and the sister colonies so as to render the oporalion between the two colonies no . longer piontjible, and thus force the Melbourne gold direct into the home market without coming through Sjduey. It is generally supposed that the batiks wilL cease purchasing on t lib arrival of coin from London, and pursue the niore legitimate ot advancing on the hypothecation <as beforef Private litters from Adelaide state that the Government there had resolved tp t<vke the gold at 7 ls. per o/., and pay, for it in notet, which were inndc, by an Act pas>ed for the purpose, a legal tender ; but for the correctness of this statement we cannot vouch. The exports sinceour last has been — February lnh per Wandsworth, for London ; 20,308 oz. Which, at 05s. per, oz., gives £60,001 0 0 Add previous expoit, 753,052 15 7 Total shipped to' this date £610,953 1 5 7 Exchange on London — Dr.iffs against gold, 5 per cent, discount. Freight, £ pei cent. George A. Lloyd. 471, Geoige-stieet, Feb. 21.

SYDNEY MARKETS.— Friday. The Mills.— Mcisii. Barker and Co. : A rather good supply of wheat liai come to m.uket tht» week Some few interior sample* were sold ,-is low .as 3s. fid., but the good ai tide- maintains its pi ice, nt sibout it. lOd. per bushel. Flour remains at last quotation!— Jßl3 for fine and £\l for sacond quality per I ton of -iOOUIb. Bran, Is. 4d. to Is. fid. per bushel, Mr. liucllat: A good supply of wheat has been received tltis wi ck, for which previous puce* have been given, vmying from 3s. od. to 4s. Ifld. per bushel, according to qu.ility. There ii no alteration in flour —tine quality being £13, and seconds £il pvi ton. Eran, li.Od. per bushel. Mr. Smart: A moderate supply of wheat has arrived to matket during the week, and puces have not MuUiued any alteration. Good samples command 44. fid. to 4s. lOd per biubel. Fldur is at lust quotations, namely, £13 for tine 4iid £11 f»rsecond«. to U. Od.perbusliLl. Maize is dnjl on sale, at as. )(Ci bushel. , ! 'Oaii— ln (Iciii.ind, al fiom 3s. to ds. (id. liAiaiT —Dull, n('29. (!d. to ! 3s. Potatoes me worth fiom £l to £5 pel. ton, accoidiug to sample. No impafte,d id the maiket. Hay.— Be»t Sydney, uu-ssvd foi ■liipping.ii in demand at £5 to £Oper ton.

To Con RESPONDENT 3. We will cheerfully insert the letter signed " Truth," on the writei's compliance with our constant and necessary condition by confiding to us his name.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZ18520320.2.4

Bibliographic details
Ngā taipitopito pukapuka

New Zealander, Volume 8, Issue 619, 20 March 1852, Page 2

Word count
Tapeke kupu
1,387

COMMERCIAL INTELLIGENCE. New Zealander, Volume 8, Issue 619, 20 March 1852, Page 2

COMMERCIAL INTELLIGENCE. New Zealander, Volume 8, Issue 619, 20 March 1852, Page 2

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