SYDNEY COMMERCIAL INTELLIGENCE.
(From the "Sydney Herald/ July 23.) Considerable quantities of goods hare come forward during the week, which have in a great measure checked operations in British imports. We hare by no means a superabundance, but there is an absence of external demand, and little doing by the trade. There is the greatest difficulty in procur.ng teams for the interiorfreights ruling as high aa 3d. per lb. for the carriage of goods one hundred and fifty miles, which enormous charge greatly affec is the sale of merchandize. The trading community )f Sydney is very apathetic in the cause of internal communication—yet there can he no doubt that they would do well to racrifice even to 10 per cent, on their stocks, for the furtherance of railroads. A reduction to any thing like former rates of carriage would give an impetus to trade which would bo felt from one end of the colony to the other. Our coaling trade has received a check owing to the Melbourne market being well supplied; the very regular and rapid communication with Melbourne hy means of a fast increasing fleet of steamers, greatly facilitates trade. There is still a large demand for freight for colonial produce from the various rivers along the coast, where only vessels of light draught of water can work. The Flour market has been iinr a very excited state, speculators having gone in and purchased very heavily, at prices ranging as high as jt J 2sper ton, at which quotation the market now stands. Some holders of American Flour look for 60s. per barrel. Wheal; which was only saleable at 7s. 6d. last week, is not new procurable at I Os, —and a parcel of Vrn Diemen’s Land has been quitted as high as 12s. per bushel. Ironmongery has been quitted at very low rates, and Gunpowder Las gone off at prices which cannot cover costcbsrges. Ourmarket will require very full supplies of theife goods, but it would be imprudent for tradesmen to enter the market in the face of heavy sales by auction, daily advertised, and an increasing anxiety on the part of importers to realise at whatever sacrifice. Our importations of eastern goods have been heavy in sugars, Cigars, and Tens, Sugars are bt-ing stored in anticipation of better prices ruling. Cigars are without quotation. the supply being very full—and the cost much in advance of previous ruling rates. Teas are also costing extensive prices and sre held at 11 Os. per chest for skins. Coffee is scarce, though with little desire on the part of the retailers to operate at extreme rates. Brandy has been quitted at 14s. (>;!. per gallon, and case Gin, of which there is a very bare stock, has been taken at22s, per case. Large arrivals of Beer have caused much dulness. Our market, hitherto b re of wines, has been replenished by several arrivals. We notice a (Jirect im - port from Cadiz, which will be offered in a few ilsys, and
Will doubtless command Very full prices,. Fruit—Cu • rants have experienced n decline, large parcels having come forward, the extreme quotations of one month pasture not no tv obtainable by 30 per cent. Nit's, Almonds, Figs, Sultanas, &c., still command extreme rates, and stocks light. .The consumption of fru ts of all descriptions is rapidly increasing, Acids used in the manufarture of effervescing drinks during the winter hare been very dull of sale, having declined from 50 per cent, to 75 per cent., the enormous prices ruling during spring and summer will doubtless bring large quantities out, and which will clash with the direct importations of the trade. Canvas has been quitted at 13d. to l.Sd. per yard. Fish is largely consumed. but no estravagun rates ruling. Hams and Bacon are in demand for fine samples. Rice is wit iout improvement. Rosin—last sales were at 255. per barrel; Salt—the cost and expenses of importing this article are nearly double the amount obtained previous to our gold discoveries. Shot and Slates continue very scarce. Sugars—the finer descriptions only are in demand, at most extravagant rates. Timber—prices continue most extravagant, and orders with difficulty supplied. The want of a supply of Building Materials is very much felt, as the wants of the poorer classes especially cannot he nearly supplied with present limited means. The miserable tenements used by mechanics obtain most enormous rents. Sydney, July 23. R. 11 ahnett, Broker.
Grain. —The demand for shipment is still good, an 1 prices have been fully maintained, and a brisk cornpeti tion for good samples of maize and oats, large parcel of which have been sold this week, viz., maize qO days, 9s. 6d. ; oats, Bs. 4d. Bran is also much in demand at 3s. 3d. to 3s. 4d. per bushel.
SYDNEY MARKETS.— Friday,
The Milis. —Messrs. Barker and Co.: The combined causes of an exceedingly small proportion of the imported flour being of a serviceable quality, and an advance in the Melbourne market, have operated to a considerable rise in the price ol floor here, which is quoted at the mills at £25 for fine, and £23 for seconds fer xOOOlbs. Very little (if any) sound colonial wheat is now in the hands of the grower; for the colonial article, therefore, the price is quite nominal; Van Diemen’s Land wheat is worth 10s. the bushel. Bran Ss. the bushel. Mr. Breillat: An extraordinary change has come over the wheat and flour market during the week. Considerable purchases of impo ted wheat have been made at from 10s. to lla. per bushel. Flour has varied in price from £lB to £25 per ton, and is now quoted at mills £22 for fine, ami £2l for seconds. Bran 3s. per bushel. Messrs. Furlong and Kennedy: For Colonial wheat a market price can scarcely be quoted, so little arriving to ma ket, and most of that little being more or less weavil. Prime samples, however, of Van Diemen’s Land wheat are worth 10s. to 1 Is. per bushel. Flour has advanced to £23 for fine, and £2l for second quality per ton of 200’)lbs Bran 3s. per bushtd. J. and 11. Hayes, Albion Mill*: Considerable activity has manifested itself in our market this week, All the imported wheat and flour have changed hands. Wheat from 10s. to 12s. per bushel, aucl flour varying from 30s. to 555. per barrel. Mill flour has advanced, say to £25 per tons fine, £23 for seconds. Bran 3s 6d. per bushel, These prices will, no doubt, induce our farmers to supply our market more freely. Stick fok Slaughter. —Both sheep and cattle, of good quality are scarce, owing principally to the swo len waters rendering the fords impassable. Consequently, but few sales have taken place since last report, the particulars of which we have not been aide positively to ascertain, most of the purchasers being absent from Sidney. Pigs are worth 6|d. per lb. Sold on Friday, at Fullagar’s Inn, Western Road, by Mr. Fullagar to
Thomas Sullivan, 180 head of Sloper Cox, Esq’s call e at £7 17s. 6d per head. Houses. —Mr. Burt (of Stewart’s For e Bazaar) reports a still increased demand for well-broken horses. Heavy draught stock nre still scarce, and realising long prices. Carriage pairs, strong hacks, and gig horses are also much sought for. The continued demand for Melbourne is fast exhausting the broken-in horses ; and unless stockholders take active measures to handle thoir stock, it will he difficult to obtain well broken useful hor-esa few months hence. The following is a memorandum of the pric n obtained since la<t report:—heavy draught £42 to £80; light ditto, £27 to £3O; firstclass backs, ±24 to £10; inferior ditto, £l3 to £l6 Mr. Martin, Horse li z iar, Pitt-street, reports that during the past week the demand for all description of horses has far exceeded the supply, especially heavy draughthorses. Last week prices werefully maintained, and there is every prospect of horse stock still rising in value. Heavy draughthorses, from £soto ,£B7 ; light ditto, £25 to £4O; carriage horses per pair, none for sale; good backs, from £ls to £45; good gigs in demand, none for sale; light phoetons, ditto ; dog carts, from £45 to £6o—Mr. S. Wooller (of the BuTs Head Horse Repository, George.street,) reports that he has sold during the week 154 head of horse stock, at prices varying from £6 to £7O; viz., Leary draught horses, from £4O to £7O; light diitn, from £25 to £4O ; gig and carriages, from £ls to £3O; good hacks, from £ls to £25; inferior ditto, from £6 upwards. Good stanch draught horses are in demand.. Horses drays, and harness, complete are much required for, and fetch fair prices. Spring carts are also in demand
Farm and Daiii* Puoduce. a. d. a. d. Maize • • 9 0 9 6 Cracked ditto • % 9 3 9 8 Oats, coloniiil .. .1 • • 0 0 8 3 D.tto, New Zealand .. • • 8 3 9 0 Bran 3 2 3 4 May 0 0 0 0 Butter .. 1 6 1 9 Bacon 0 5 0 7 Cheese ••• 0 0 0 0
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New Zealander, Volume 9, Issue 764, 10 August 1853, Page 3
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1,513SYDNEY COMMERCIAL INTELLIGENCE. New Zealander, Volume 9, Issue 764, 10 August 1853, Page 3
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