The New-Zealander.
AUCKLAND, SATURDAY, JUNE 25, 1853.
Be just rtul fear not: Let all the ends thou aim’st at, be thy Country’s, Tby (ion’s, and Truth’s.
By the Moa, 'which arrived in our harbour on Thursday, we have received our Sydney files to the lath inst., with a number of other journals, colonial and foreign. The paucity of important news in them conveniently accords with the present slate of our columns,—crowded as they arc with matters of pressing local interest. English intelligence to the loth of March had been received by the Marco Polo , but it adds scarcely anything of importance to our previously received information, —if we except a narrative of the new and still newer disasters of the Royal Mail Steamer Australian. The Sydney commercial intelligence shows a striking contrast to the exhausted markets and extravagant prices which prevailed for some lime. Now, the supply of most articles was equal to, or beyond, the demand, and prices had undergone a corresponding reduction. Flour had fallen to 20/. per ton for fine, and 18/. for seconds, and expected arrivals from America were likely to bring it still lower. At Melbourne, Bread-stuffs had also fallen in price, in consequence of the arrivals of “ immense quantities” of flour from America. On the Gth inst.. Flour was worth about 50/. in sack, and 45/, in barrels, for best brands:— Potatoes, Id/, to 10/. 10s: “ Building materials” (say Messrs. Coffey and Hill, in their Circular of June 0) “ command increased rates, and sales to any amount could be made at ourquotalions.'’ Wc understand that a parly have arrived by the Commodore with the machinery to establish a saw mill in this district, having been encouraged to the enterprise by the demand in Australia for New Zealand Timber.
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New Zealander, Volume 9, Issue 751, 25 June 1853, Page 2
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294The New-Zealander. AUCKLAND, SATURDAY, JUNE 25, 1853. New Zealander, Volume 9, Issue 751, 25 June 1853, Page 2
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