Commercial Record.

New Zealander, Volume XVIII, Issue 1717, 23 August 1862, Page 2

Commercial Record.

Nkw-Zealander Office, Friday, August 22nd, 1862.

There has been little beyond the usual quiet business transacted during the past week. The only foreign arrivals have been the Eugene from the Mauritius with sugar to a well stocked market : and the Lord Ashley from Sydney with the London mail and a general cargo of merchandize. There have been no departures. From the coast, the following supplies have been received 834 bushels wheat, 40 bushels maize, 28 cwt. salt pork, 7 cwt. bacon, 5 cwt. bones, 7 tons gum, 142 lbs. butler, 560 lbs. cheese, 60 dozen smoked fish, 117 dozen eggs, 150 kits kumcras, 8 pigs 23 head cattle, 1 boat, 90 tons firewood, (WOO shingles, 10 000 feet sawn timber.

The amount of Customs Revenue received during the week ended the 16th instant, amounted to £1284 7-3. The weather has been more moderate during the past week; less rain has fallen, the temperature genial, with a good deal of drying winds and sunshine. The intelligence from Coromandel continues to grow more and more satisfactory ; the finds arc becoming larger and richer, and the prospects for the spring and summer most encouraging.

SYDNEY. (From the “ Herald,” August 16.)

Business has been exceedingly dull during the week, and the transactions in most articles, wiih the exception of teas and sugars, have been so small that there is scarcely any alteration to report. The news by the mail steamer Northam, contained in our telegrams, has not yet affected prices, but no doubt, when letters come to hand, there will be some stir in articles of dally consumption, which for the present can only be nominally quoted. We subjoin the latest report of out markets Flour.—The market is steady and without any alteration; the sales have only been limited, and not sufficient to test the market. Adelaide is quoted at £l4 10s to £ls 10s per ton : the millers’ quotations continue at £l4 per ton for fine flour. Wheal 5s 9d to (is 3d per bushel. Liquids.—Ale in bulk is pretty firm; first brands are worth from £‘B to £8 5s per hogshead. Porter in bulk is rather more enquired for, and Taylor’s is quoted at £6 15s to £7 ss. Bottled ale and porter are in moderate demand at from 9s 6d to 10s Cd. Brandy is hardly so firm. Kartell's it quoted at 12s 9d to 13s ; Heunessy’s, 12s (id, and at this price sales have been made. Hum is very dull, and has given way Id to 2d per gallon ;30 o.p. Is quoted at 3t (Id to 3s fid; 10 o.p„ is very dilfi. cult of sales and prices quite nominal. Geneva is also lower in consequence of late arrivals. JDKZ and key brands are worth from 13s to 14s. Whiskey is steady and worth 5s fid. In wines a large sale was held at auction on Wedneaday. Sherries brouglu 5s ?d to 12s; port, 7s 9d to 12s. Teas are firm. Good congous range from £fi to £9 per chest. A few fine leas are. however, held for £lO per chest. Green teas are scarce, and command full rates.

Sugars are iu rather better demand. At auction, the cargo of Java sugars ex Mary Agnes were sold at the following rates;— Light counters, £34 17* fid. to £3B; yellow, £33 10s to £34 Ji.: dark, £3l ss. Coffee is not so firm, owing to shipment being shortly expected to arrive. Manila is quoted at BJd to 9d per lb. in bond. Candles are very dull of sale. Belmonts amt nevas are nominally quoted at lid.

Itice is firm, and Patna commands from £25 10s to £2fi per ton ; .lava rice was sold at auction at £ltt 10s to £l9 5« per ton. Salt is dull. Liverpool, £4 to £4 6s per ton. Fine salt is without any alteration, flock salt is lower. A sale of 80 tons, to be delivered at me ship’s side and all expenses paid by the buyer, has been made at £3 10s per ton. Sales of small lots have also been made at £4 per ton.

Oilmen 1 ! Store* prg pqt fimifed for, snd jtocM are

Tobacco.—There has been very little week; prices are therefore nominal. Nearohelt. tol *a iv 6d to Ca 6a; cavendish, 3* fid to 4< f t new* by the mail will give another S?*** £ “ there i* a better demand for consumption of sale; Cortado. and Havannah shape. are quoS** Retail Markets-Friday. ** Wheat and Flour—The mills quote fin* a ’ second quality at £l* per ton orWi ftt. wl‘ t£u -*U 5s 9d per bushel. Bran Is 4d per bushel. Biscuit—Mr Wilkie quotes cabin biscuit at so. JjJ P ”. 100 &S - Mr Hamillon: “>ip 15s and J» « Bread—4d per 2-lb loaf. Vegetables—Potatoes 6s to Bs, onion. 4' )s to so, _______ w l»t.

MELBOURNE.—August 15xh (From the “Sydney Herald- Telegraphic De.^ One hundred and eight,, sever, three-quarter boxes was offered to-day. R. W. Cameron's brand°!7.^ quality, sold by auction at 2.4 d to 2, 4jd per lb ' Flour and horse corn is in good enquiry • n.'.;, 4 looking up. > ™»ia Sales of kerosene oil have been effected at from s. t, per gallon, Philloick’s brand. “Wtofcn The trade have adopted the proposition of th eim tea, of seUing by the pound instead of per pseksn sale under the new system has been made to-day „ I rates. Congous from Is 6d to 2s 6d pet lb • I to 3S fid, cash. ’ ’ euu P°»d». s,

ADELAIDE.— August 15th. The Treasurer staled in the House of AssemM. fll tenders for the mail service would be altered to ““* steamer to leave King George's Sound on the month, if the ocean steamer had not arrived with the ° mail; and that the Government would assist any d m * ui carrying out the contract. ’ ia There have been dreadful storms and floods throuvh colony. Bridges have been washed away, and men dm Messrs Townsend and Co. sold to-day 3000 ban a r' the following rates Ration, £25 10s to £2?^br o ‘“ pr * t £3O; yellow, £34 to £3B 12s fid ; crystals, £4O 10s, ” ,i2sui Flour remains at CIS per ton ; wheat, 5$ 3d per

ENGLISH. MONETARY, COMMERCIAL. London, S6th j m . The money market it easier, the bank rate of ducounsi’ 3 percent., and outside transactions have been doneiu ' below the bank minimum, * **i There is nothing in the present condition of trade to km the markets active, and the demand arising f rom recent ' loans has been for the most part satisfied. wapi In Paris money is in less demand, ajd the discount i. !h open market 3} per cent. A Portuguese loan of five millions it spoken of. Consols, closing quotation 91} for money, 91} for account Colonial Government securities. New South Wales 5 cents. 18fid, lul to 102 Victorian securities, 103J to 1? Adelaide 6 per cents., 1878, 108 to 110. The exports to the Australian colonies show the usual in crease in piece goods. Drapery augmenting the amount on 0* previous month by £226,080. The exports to .Sydney for the month of May June amounted to £282,414 against £241.680 for the previous month, and tie exports to Geelong and Melbourne for the same period shot, proportionate increase amounting to £486.9 3 against £3Q W) for the previous month. To Adelaide, there have been four clearances, and one to Wallaroo Bay, the aggreeate on™, amounting to £102,293. ** At the annual meeting of the South Australian Banking Com. pany, 10 per cent, dividend was declaied; on the Chartered Bank of Australia, 4 percent. The South Australian Laud Company also recommended 1 dividend at the rate of 7 per cent, per annum. The P. and O Company declared three and a-half per cent, for the half-year. The Peninsular line is to be abandoned, u it is found unremunerative. The profits on the Great Eastern's voyage to New York wu £11,102. WOOL REPORT. The sales closed with animation. Sydney’s latterly takes with indifference, and during the last three or four days an sd. dilional decline was established. The losses on Sydney wools are expected to be great, and several flocks of good quality have been withdrawn in consequence of the low prica oUetei The decline may be quoted as follows Prime flocks, Iyd.per lb.: average to good, ]Jd. to 2d. per lb. •, and ordinary faulty, 2d, to 3d. Really good woo) nearly realised last tale's pdas fleece, then very scarce, now in good quantity, suffered 1 decline of Id. per lb. Ten thousand bales are expected for August.