COMMERCIAL INTELLIGENCE.

New Zealander, Volume 8, Issue 693, 4 December 1852, Page 2

COMMERCIAL INTELLIGENCE.

(From the '• Sydney Herald," Nov. 13.) Since our last report, we notice but little alteration in our market ; we can scarcely quote the same degree of firmness as we bare lately noticed in prices, for although our market baa never been bo bare of goods the trade refiain altogether from entering into specula; • tive purchases at high rates now ruling, seeing the un" precedented anxiety of importers to avail themselves of present enormous profits with as little delay ns possible. This over anxiety of importers to force sales will have the effect of depressing our markets so soon us heary parcels of goods begin to come in. Beer and spirits are in brisk demand at former quotations; in some instances advances have been realised ; wine also is in demand at full prices; fine-samples of pampas na and counter sugars are in brisk demand. Fruits have haiely maintained previous rates. Cigars have declined considera bly. Arrivals of teas are anxiously looked for, the trade being desirous of replenishing their exhausted stock. Want of carriage continues to operate much against traders and country storekeepers— rates being enormous, say .£l4 per ton to Buthurst, and owing to a large number of c.irrieis have to get in iheir harvest about this time, we doubt e»en higher rates will be looked for ere the wool teams come in in sufficient numbers to take up the supplies. It. llarnett, Broker. Sydney, 13th November, 1852 t

GOLD CIRCULAR. In addition to the valuable reports which have ap~ ppared in the public press, we have received a number ! of private letters from our various mines during the present week all tending to prove that there is abundance of gold, it the right men only seek to obtain it. From, every quarter we hear of instances of success, I and many of them highly satisfactory. One of our correspondents at the Turon wntes thus: <A Theie is j a reaction at Golden Point. On Saturday last one j party obtained 12 oz. after dinner, and another filled a i saucer in a few hours. At sheepstation Point 10 oz. is considered a modeiate day's work. At Paterston Po nt they are in high spirits. Claims that had been sold for three or four pounds are now turning out firat-ratp, and those that remained through the winter are beginning ! to reap the benefit. The Sailor's party procured y5 ozs. in one week. People are flocking in in great numbers, and the Turon now seems to be the favorite 9pot. The arrivals from Auckland this week bring intelligence of the discovery of a workable gold field at Coromandel, about 40 miles off. A deputaiion of the Gold Fund Committee accompanied Mr. Iting, the discoverer, to the place indicated, and on their j return published an expression of their entire satisfaction. The Lieutenant-Governor had called together j the Legislative Council, to consider the best course to pursue. His Excellency had accompanied the Bishop and other parties to the spot. Considerable excitement existed in Auckland, as it was clear all supplies for the diggings must pioceed from that port. Great opposition was being raised in Melbourne to the passing of an Act to put an export duty on gold ; and it was generally supposed that the Bill would fail through. Total brought by the escorts during the week : — 3,945 ounces, worth about £13,000. The price has ranged from 70s. 6d. to 7 Is. 3d. for Victoria, and 675. 6d. to 68s. Cd. for New South Wales. The exports since; our last have been— November 10th, pet Peninsular and Oriental Company's steamer Voe» I in os j, for London.... 593 ounces. Which at 65a. per ounce, gives. . . . 1,922 5 0 Add previous export £2,705,220 12 9 Total gold exported to this date £2,707,142 17 9 Exihango on London— Drafts against gold, 9 per cent, by the Bank of Australasia, and 10 per cent, by the other hanks, which, at the rates paid for gold this week, would leave the shipper a positive loss, if drawn against on the above terms, of from Is. to 2s. per oz. Freights £ per cent. George A. Lloyd. 474, George-street, Nov. t3.

Sydney Manners. — Fiuday. The Milis.— Messrs. liai leer and Co.— There lias been a niodeiute supply of wheat in the market this week, which passed at from 10s. to 12s. ppr bushel. In flour there has bpen no alteration— fine £40 and second qinhty, £35 per 2000 lbs. BnEAP.— 9(I. the 2lb, loaf.