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COMMERCIAL INTELLIGENCE.

[From the "Sydney Herald," Sept. 25.] We have little of interest to report. Sales effected have been principally for exportation to the southward, for which destination large quantities of beer and brandy have been quitted. Our home trade has been inactive. Dealers evincing the greatest disinclination to accumulate stock, although our enormous export de mand must be evident to all; more particularly dining the summer months, Sydney must be the depot whence our Melbourne friends will draw their supplies, as from most recent advices we learn that goods could not be procured from the vessels in harbour, howeve. much they were needed, owing to the inefficiency or absence of lighterage and labour. The consumption and waste of goods will doubtless be enoi mous, in fact in excess of our heavy importations. Our stocks are being fast cleared off; in most instance* goods are purchased to laud, and the quantity of meichandise still afloat unsold is inadequate to maintain the present heavy drain upon our marker. Carnage to the interior is still enormously high, and without proepect of being much lower until our thoroughfares animpioveil; so soon as teams can get to market we unall have a heavy demand for all con&umable goods, as stores in the interior are run very bare. B eer . The quantily arrived during this month would have been considered excessive ere gold had mad« its appearance. Wow we must look to spe our market cleared before fresh arrivals can be landed. Our home trade will consume a vast quantity a< summer sets in. Brandy.— Nearly all now flfloat has changed hands more than once : large parcels are being taken for Melbourne, and home trade Is very brisk. Our market was much depressed during the past weok by a report having got into circulation of 300 hogsheads to arrive by the Roxburg Castle ; the quantity turned out to be about 30 hogsbeads and 300 cases, not 800 as reported in error. When known the market assumed a more boyant appearance, and several orders from Melbourne by the Waratah have tended to advan< c quotations. Rum— Continups firm with a heavy consumption. Gin.— Sales at 205., and 215., with light and fast decreasing stock. Sugar.— Stocks nre, unusualty light, yet the market is ° without animation. There is little sugar of low quality, and only a few tons of the finer sorH. '1 he Washington's cargo is reported sold at Mi Ibourne lor Adelaide. Toa. The cargo ot the Susan was nearly all cleaied off. t auction, and subsequently by private s,.k\ A large parceJ of the Vojdgeur's was also token. Stocks arc therefore again much reduced: yet the tnrle refiain fiom operating till forced by their legitimate country demand to replenish their exhausted stocks. Flour. — There is a heavy consumption, and supplies come m but slowly. We are not aware of nny parcels to arrive from the Stales, though anxiou*lv looked for, and we cannot expect any fiom the WVst coast, as prpsent enormouß rntea at San Francisco most command the whole of the wheatpralucing countrips on that s dc, and %o\(\ digging must have attracted immense numbers of Chilhan agiicultunsts from their legitimate pursuits.

Provisions continue to he enquired for, and even higher lalcsm.iy bp lookeil for bncon, hams, butter, cheese, fish, oatmeal, peailbarlpy, &c, are much wanted, niu! commnnd extreme rates. Goods hitherto manufactured in the colony are japidly advancing in prire as the scarcity of labour is frit. Our supplies for some years must lie drawn from abroad. Timber and other building materials are being heavily consumed, and prices extreme. Sales of CofVee are repoited in the Adelaide maiket, in quantity at 14£ d .; and IlysonsUn at £6 10*. per cbebt. R. llaunltt, Broker. Sydney, September 25.

SYDNEY MARKETS.— Friday, Sci>t. 25. The Mills.— Messrs. Barker and Co. : Very little wheat has nrrived to market from the intnor tins week, and of that the greater part is damaged by weevil. Trices quite nominal. Flour lias advanced £.1 a ton, piesent pi ices being £'27 for fine, and j£2s second quality, per ton of 2000 Ib. Bian, Is. to is. 2d. per bushel.— Mr. Breillat: The supply of wheat this weekhas been con lined to a few stiay lots, the best of which bold at from Bs. 3d. to 9s. per bushel. A further rise has taken place in flour, owing to the demand for shipment : fine is now £27 per ton, and seconds £?5. Bran, Is. 3d. per bushel.— Mr. Smart: There has been but a few samples of wheat offered this week, and of inferior quality which has realised from Bs. 9d. to <X per bushel. Fine flour has advanced to £27, and seconds to £ 1 25 per S?000ll>. Bran, Is. 3d. per bushel. — Messrs. Furlong and Kennidy: Very little wheat has anived this week by the roads, and that mostly inferior or damaged, helling at /rom ss. 9d. to Bs.; 500 b.igs, from Ulladulla ami Shoalhaven, were bought at Bs°6d. Flour, of first quality, is of quick sale at £28 per ton; second quality, merely nominal. Bhead.— Household bread, 7(1. the 2lb. Joaf. Biscuit.— at Mr. Wilkie's manufactory, is quoted as under; cabin 595. pilot 365., ami ship 325. per cwt.; meat biscuit, 18s. per canister of 30 lbs.; and, at Messrs. Barker and Co.'s ship biscuit is 325. j cabin 40s. per cwt. Butch ms' Me\t.— The carcass butchers are selling the best beef at Id., and second quality $ per lb. j mutton, at 2£d. per lb.

MELBOURNE MARKETS. Business yesterday show a great improvement upon the transactions of the past week, especially in articles of produce, which have recently advanced at the principal mills, for first flour to £27, seconds to £25, but this price has been scarcely maintained by sellers, who have, however, so far inclined to follow the example of millers as to bold firmly at £26 to £26 10s. for the best flour. _ Gold yesterday was very fluctuating in price. This was attributable to various reasons, it was said, aoroe of which had reference to the idle report noticed in the last impression, but wbich was misbeliered early m me day. The market opened at 75., but gradually declined till it readied £3 65., from which it rather languidly rallied till it reached £3 6s. 6d., at which figure it closed. The market, however, had a downward tendency, and it was confidently anticipated that shortly after the Chusan leaves, gold will be much lower in price than it has been during the late excitement.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZ18521020.2.5

Bibliographic details
Ngā taipitopito pukapuka

New Zealander, Volume 8, Issue 680, 20 October 1852, Page 2

Word count
Tapeke kupu
1,088

COMMERCIAL INTELLIGENCE. New Zealander, Volume 8, Issue 680, 20 October 1852, Page 2

COMMERCIAL INTELLIGENCE. New Zealander, Volume 8, Issue 680, 20 October 1852, Page 2

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