SYDNEY COMMERCIAL INTELLIGENCE.

New Zealander, Volume 10, Issue 883, 30 September 1854, Page 2

SYDNEY COMMERCIAL INTELLIGENCE.

[From the Sydney Morning Herald.] Tuesday evening, Sept. 19. We have but little to report since the departure of the last mad. Our market still assumes a most gloomy aspect; indeed there is, comparatively, nothing doing; and we see no earlier prospect of a movement than that at the commencement of the spring trade. In this there is no great chance of disappointment; yet, with the continual addition to our already heavy stocks, it is impossible to say what may be the ruling rates at which the business will be done. That they will not prove remunerative to the shipper we unfortunately feel confident. No blame, however, can, we believe, attach to consignees; for we know, from our own knowledge, that the warning* have been both frequent and unmistakable. Subjoined is a review of some of the leading articles import, together with the general prices current. The latter have reference only to thoroughly merchantable goods, and should be understood to bathe rates at which purchases, rather than sales, may be made. It would be impossible, indeed, in th'c present state of the market, to quote prices at which peremptory sales could be effected. Duapert.—No improvement in this description of stock has taken place since our last. At auction the sacrifices that ate continually being made arc most rum ous.

Ironmonger.—The market continues to be well supplied, and invoices are becoming more difficult ol sale. Many descriptions arc being sold below invoice Beer Wine, and Spirits.—The whole of this stock is'very much depressed, and sales at any price are effected with great difficulty. Since the departure of the Crcesus there has been a considerable decline iu most descriptions, and the. market still looks very feverish. Provisions. —All kinds arriving in thoroughly good condition continue to pay, and will, we believe, invariably do so; but hitherto about nine-tenths of all shipments have arrived in bad order, and have, consequently been subjected to great loss. Oilmen's* Stors.—There has been rather less activity during the last fortnight, and some few articles have suffered a decline; judiciously selected invoices will, however, generally prove remunerative. Tea and Coffee.—The market for both is extremely dull, and in the absence of speculation there is every appearance of a further decline. Congou tea may be quoted at about 905.; hysonskin, 755.; Java coffee, 6d. ; and Manilla, 7d. Sugar.—This market still continues ycry inactive, and without any prospect of immediate improvement. There is very'little probability, however, of any

further decline. Tobacco and Cigars.—There is no alteration since our last and very little business doing. DfiUGS.—The market continues to be abundantly supplied, and every article is realizing a profit. Cordage and Canvas.—The former has been in great demand at unusually high prices; but the latter, owing to excessive shipments during the last twelve months, has suffered a decline. Bcilding Materials.—The demand continues steady, vet the fluctuation with regard to prices are very considerable, while we would not incur the responsibility of recommending any particular articles to be sent, we would strongly urge the discontinuance of shipments of slates; for both here, and hi Melbourne, we believe, they have changed hands at the bare amount of freight. Metals.—Most descriptions are fully supplied, and rates generally rule low, with the quality of works however now in progress, there is every reason to believe we shall see an earlv improvement. The rates of discount and exchange remain the same; but there is rather more tightness with regard to the former. This arises from the circumstances of one or two small failures, and the necessity of some few other houses to obtain letters of license, or other forms of indulgence from their creditors. (The produce market continues in much the same state as at the date of our last advices, by the Queen of Perth:—we copy, still, from the " Herald":—] The market for colonial produce remains exceedingly dull. Flour, first quality, *3O; seconds, £2B per ton. Wheat ranges from lis. to 12s. Gd. per bushel, according to sample. Maize.—We have no alteration to notice under this head. Prices continue depressed, and hay is forced on the market on easier terms.

-LOUUICV . V « " Our sister colouy, Victoria, as well as ourselves, is com}' hiing of the reckloss exportation, by Brirish consignees, of goods totally unfit for this market. These consignments are distinctly reported as uusuited to our markets, and yet they are continued. The result of late large public sales here and at Victoria must convince consignees of their great mistake in sending miscellaneous goods to a market where alone mcrchandisable articles of value are in demand Our sister colony seems to be curtailing m the mattter of her imports; and extending as regards her exports. For the week ending the 9th hist., the declared value of her imports (published under the authority of the Collector of Customs) was £200,478. The value of her exports during the same week, £440,104. In flour, the late importations from Valparaiso has not effected the price of our own produce. The latest quotations may be stated at £3O for fine flour. The brig Lalla Rookh was loading with flour at Valparaiso for Sydney or Melbourne. A small felucca, of 60 tons, belonging to the iMediterancan, pulled with sweeps, was also loading with wheat for this port or Melbourne. The following manifests of vessels eleared out at Calcutta for Melbourne and Sydney at the dates named will afford useful information as to our forthcoming receipts of Eastern produce: — Heather bell, barque, Ellis, commander, bound to Melbourne, cleared out 30th Juno, 1854: 2500 bags rice, 89 packages lines, 400 ditto rope, 90 bales gunny bags, 210 bags rice, 1200 ditto sugar, 1 let chutnev, &c., 1 ditto books, 2 cases, 1 cask chutney, 10 cases boots and shoes, 1 package Assam tea. Cyclone, ship, for Sydney: 6568 bags sugar, 50 hogsheads rum, 2133 bags rice, Hyderabad, ship, Castle, commander, for Melbourne & Svdnej, 22nd July, 1854: 1100 bags sugar, CSO ditto ditto," 100 ditto ditto. 400 ditto ditto, 500 pockets oats, 500 pieces planks, 550 bags sugar, 1365 ditto rice, C4l ditto ditto, 1000 ditto gram, 175gnuny cloth bags, CO ditto gin ny bags, 11 cases claret, 50 ditto currv powder, 2 ditto solar liats, 2 ditto curry, 1 case samples, 1 parcel books, 2 cases curry powder, 4 ditto pepper, 1000 pockets oats. 33 coils rope, 4 cases boots. I tin box sundries, 1100 bags oats, 850 ditto

ditto, i parcel sundrie?. Christina, John Lewi?, for Sydney, 21st July: SOOO bags sugar, 1000 ditto rice, ISO hhds. mm, 125 bundles hemp lines, 150 ditto hemp twine, 85 bales gunny bags, 5 bales ditto. 18 packages tents, bags "rice, 20 bales gunny cloth bags, 16 ditto gunny bags, 10 cases gin. 10 ditto liqueurs, 3 ditio brandy, 3 ditto rum shrub, 9 ditto cordial, 1 ditto cherry brandy, 24 ditto liqueurs, 3 ditto castor oil, 1 bale woollen carpet, 14 cases turmerico powder, C ditto shellac. 250 bags rice, 160 ditto ditto, G5 ditto sugar. 21 packages liues, 8 ditto hemp, 8 ditto fishing lines, 5S coils rope. [Timiikk. —Whilst the Sydney newspapers appear to stereotype New Zealand timber at 50s. per 100 feet, we learn from the Sydney Mercantile Journal and Shipping Register (looked upon as a standard authority) that the cargo of the barque Signet, from Kaipara', was sold, joists, &c, at 265. 6d, per 100 feet superficial. Some of the larger sizes were withdrawn.]

£ s. d. £ s. d. Maize, good samples .. .... 0 9 0 to 0 9 A .... 0 9 .'5 0 9 C .... 0 5 6 0 7 0 .... 0 7 0 0 <J 0 ...10 0 0 15 0 0 .... 0 0 6 0 0 8 .... 0 0 6 0 0 10 .... o 1 C» 0 1 9 .... 0 0 8 0 0 «J