SYDNEY COMMERCIAL INTELLIGENCE. (From the "Empire," October 2.)
[In our last we published the Sydney Herald's Commercial Intelligence of September 25. We are now enabled to insert the prices a week later, which it will be seen were greatly on the advance in various articles.]
Tbe recent intelligence from London via Port Phillip, has caused a degree of excitement here quite unparalleled, and there is great anxiety as to the present stock of provisions being sufficient for the contemplated influx. The numerous arrivals at Port Phillip with emigrants must necessarily cause an increased consumption, and as that market is but barely supplied, and depends chiefly upon this, there is no doubt of a considerable advance in the prices of all descriptions of food. Our stocks are by no means adequate to the demand, and the present alarm has caused large purchases to be made in anticipation of a scarcity. We are without any further anival from the East, and the importaiions fiom Great Biitain have been chiefly liquids, say bottled and diaft beer, wine, brandy, and rum. Tea. — Purchases have been freely made, and prices are fully maintained. The bulk of our stock consists of Congou, held at 80s. to 85s. per chest. Ilysonskin of good qualify remains scaace and high in price. Small packages of Congou and Souchong have been purchased to a large extent for home trade and exportation, and tLere are now none in importers' hands for sale. Sugars — Have been purchased to a large extent, say about 250 tons, and tbe quantity in the hands of importers is but small. Sales of Pampanga have been made at £20 to £21 per ton; Taal at £19 to ; Zebu at £17, and there is no disposition on the part of importeis to operate further at these rates. The finer descriptions of sugar, say Javu and Mauritius, are extremely scarce. i Rice. — Sali*s have been made at 18s. per bag for Patna. The largest, and indeed the only holdpr, refuses to sell under 255. per bag. The high price of flour has caused this advance in price. Coffee. — No arrivals, and pi ices are fully maintained. There is a large demand for the Southern market but at limits much below our rates. Cigais. — The stock on band in bond this day consists of 43 cases No. 2's; 3 cases No. 3's; and held by three parties. £5 10s. for No. 2, £5 for No. 3, are the nominal prices, and there is great difficulty in purchasing at these rates. Tobacco participates butlutle in the present excitement, and our lecent quotations still remain without alteration. Spii its.— Sales of Martell's brandy at 13s. per gallon to 13s. Cd. , in quantity. At public sale 5 hogsheads Unned Vineyard Company, 7 ditto Itenaud, 1 ditto Kezat, sold at 10s. 3d. 13. P. Rum Ims slightly declined in price ; at public sale, 5 o.p. sold at 35.. Bd. to 3s. lOd. per gallon. Case gin is held at 19--. to 20s. per case. Case brandy, ex a recent amvnl, sold at 245. per case. Beer.— Notwithstanding the large importations of bottled and drought beer, pi ices have not declined. The large purchases lecently made for the Melbourne market have considerably relieved the market from the excessive importations during the last few months. Tho appioaching summer season will oausp an incrpased consumption, and with the continued demand for Melbourne, will no doubt check any great dppicciation in pi ice. Wine. — At public sale, a lecent impoilation of Sheiry, of good quality, was taken at 4a. 7d. to 4s. Hd.
per gallon in bond. Poit wine, treble diamond, at ss. per gallon in bond. Low quality wines are sull without enquiry, and difficult oi sale.
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New Zealander, Volume 8, Issue 681, 23 October 1852, Page 2
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620SYDNEY COMMERCIAL INTELLIGENCE. (From the "Empire," October 2.) New Zealander, Volume 8, Issue 681, 23 October 1852, Page 2
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