COMMERCIAL INTELLIGENCE. [From the "Sydney Herald," July 31.]

New Zealander, Volume 8, Issue 662, 18 August 1852, Page 2

COMMERCIAL INTELLIGENCE. [From the "Sydney Herald," July 31.]

Th« Customs Duties Bill has passed a second reading, and will, in nil pi (inability, become Uw during the ensuing week, 'lhe simplicity of the Act appear* to give satisfaction, and the amount or revtnne will, we imagine, exceed tlie most sanguine expectations - the most sanguine expectations— the increase in consumption of wines, boas, and spu Us, u c.v<t»s<i\e. An Act of the most enlightened polity on the part of the French Government was noticed in Council n few nights since, viz., the exemption of Australian wool from duty. As * libeial act of recipiocity, we put Gs. per gallon duty on French biamly, and only 4s pci gallon on otlici spiuls, exciptini; gin. Tint latter ai tide is one, the inipoitntiou ot winch t>lu>nlil irceive eveiy encouragement fioin t)»i Lcgisl.it uic. The Germans, as imnngiants, .ne mos-t deniable, liul ship owners object to lay on vessils owing; to the diiliculiy ot putting detain oti bo.ud to remunerate — by the encouia^eiiieuts ot a laige consumption of a wholeioine ipint (if any is so) we would asM«t most matt lull} in indiiciiig vessels to lay on, by affording 11 good prospect of re.ih'/iii'j; a piolit en laigc quantities ol gin, of which the bulk ot their cargoes might consist On lhe .uncle ot collee we notice a duly ol j pui lb. will be levied, niul on tea double iliat amount siy l{d. Culite won d fully as well buar I^'l as Tea, and being u-ed in piopoinonably qi eater quanliiics by the wealih> than by the pooui classes, should, we tonsidei, have had the h gher rate of duly rtliiNod. V\ c owe Alamla md iiaiavia, tiom whtnee we chu /ly nnpoit ColFce, but litilo, i\wn poluj for laic ye.us being to cliuat .mi) dtutivt in neiily all tliLjr tiaiiMctiunt, to which many of oin MciclantK mu^t biai testimony, 'lhe duty on Tobacco will, we imagine, gi\e very general SdUitaclion (he very limih amehoiated condition of woik ing men will rmbk' teni lo lODsume the best, andwe may look loi a vciy mutli mcicasLd demand lor a good uitide, (lie want ot Idboui wjll kad to a diminished quantity and inferior quality of colonial Tobacco. On Wines we notice an «\liuoi(liuury high ) ate is to be liviid -the bulk ol impuilud

winei aie low piiccd, and come in competition with beer, not colonial wines — and howevci highly the disiutciesced portion of our repiesentatives may wi*h to lax impoited nines, it will nevei have the eflect of forcing the public to shallow sue!-. "infernal rubbish as ,1 I.irgc quantity ot colonial wine is. Good Auatulian wine will find its level in tlm niaiket, and assume a position in due time, without bohtcnut; fioii) our Lcgislatuiu. The working cl it.sei want .1 good cheap \miic uii»r> than iutlieito — whilst engaged .it gold digging they die conipell"d to drink wine or beer, or lubjert themnlves to vanotis dueases/zowi the ill effects of bad water, Flint ol all descriptions except gieen, woul ', equally with raisins, cuuauts and fig«, Oo.ir an unpoit duty; and Jai «c quantities of dued apple, nuts, ali'iondi, Fiench plums, prunes, pt aclieo, apricots, dates, &.c. — m.ivy mure nrtlolri o( liiMiiy— aio annually imported. Influenced by the nrw 'J'.iuff, sevuial pmchasiio of Sugar aie rcporiLd, principal!) in small lots, owing to the disinclination of holdus to realise, txcept at a<h<iiicing iate«— to the high quotations ot last week 30s pci lon may be added, and toi Pampagnaswe fully anticipate seeim; Ws. realised in the course ot a wick or two, unless influenced by unjooked foi ainvals othei Sngjts are advancing piopoitionattly. The Kcfiiiing Company quott- iOs. lor No. 1, 3-ls for crystals, -i2s. ciushed, and 41s. tot loaf, and at these quotations they must look for a heavy diain, which their present stock ot raw sugar can, we imagine, biiiely maintain. Teas arc sUll advancing, and stocks steadily deci easing.— lttirns have been taken out ot bond in laige quantities, to save thi* ditlcnnce in duty likely to be imposed — the CusXojus leporj of Mock will, theietoie, sliow a considera,ble decicase, althoiiglitliediflTeien.ee has not gone into consumption, 10 0 P. is saleable at 4s. !)d. Brandy is tepoited sold at 12s. upwaids. B«er— neaily all the late importations have been taken in draught at £7 to £8, bottled has also been quitted in quantity at 12s. Case Gin n repoited sold at 21s. to 225. Cd., and a large portion of our slocks placed. ■\Vhiskey has been quitted at 5s C'l. Cigars— say 25(1 cases ox Helen Uaird, and old stock have been quitted at an aveiage ot 525. Gd. toi 2a and 3a veiy ninth advanced rates have since been realiied for small parcels; quotations aie about 555. for 3a , and (>ss for 2i. Tobacco— this maiket w also veiy unsettled, we theicfoie await sales to the ti.nlo to ,ifli\ it qnoUlinn, the alttiation in duty should have an impioving tendency. Finns aie quiet 111 mean time. Oilm vi's .Stoics— without paiticular enquirj-. Salt, Slates, and Soda Ash are scaice; also, Full, Cuicd and pieseived, and most soits of provisions lioninongciy, ol vaiious assortments, is leaving lull piofits ; but the trade unpoit laigely of suitable descriptions Soft Goods have been quiet, the tiade aie remaiking their goodi prepaiatory to a Spnng demand, and which it is anticipiied will be exceedingly busk. Saddluy, is leahzing evtieme pnccs-Side Saddle^ aie paiticularly enquned for. 11. Harnett, Ihokcr. Sjdney, July 31.

Tbe export of Gold since oui last has been — 0/.5. July 27, — Sir George Scjmour foi Madias '258 " 29.— Fnphrate«, for Colombo 103 " 30.— Neptune, tor Loudou..l7 3iO 17,082 . £ i. d. Which, at 05s. per or. gives.. 57,466 10 0 Add pievious e\poit ,i,759,W> '* 4 Total gold exported to this date J61.81C.611 12 4