SYDNEY COMMERCIAL INTELLIGENCE.

New Zealand Spectator and Cook's Strait Guardian, Volume IX, Issue 803, 13 April 1853, Page 3

SYDNEY COMMERCIAL INTELLIGENCE.

We are in receipt of advices from Sydney per William Alfred to the 23rd, and by the Margaret to the 25th ultimo, and hare to report great firmness in the markets generally, on many important articles tendency decidedly upwards. Almost all important goods remained at enormous ratei and the stocks very light. Consumption and legitimate demand still increasing, and in all probability yet higher prices would be obtained. The present'state and future prospect of the Sydney and Melbourne markets is most encouraging to our fellow colonists. Exchange on London — 1 per cent premium. Gold— Victoria, £3 175.; N. S. W., £3 15s. 6. Freight to London — §d. lb. on wool ; hides 20s. ton ; tallow, 305.; oil, JS3 per tun , gold, J per cent, per sailing .vessels. Ale and Porter— Ho supply, £10 to £11 ; in bottle, 16s. to 17s. Bacon — Scarce, selling at a high price. Bagt—lo great request. Brandy — Has materially advanced, being firmly held at 17s. 6d. to 18s. since intelligence per Chutan of the •mall quantities likely to be shipped to these colonies. Butter — Daring the next six months the supply from the interior must be greatly diminished and a large quantity of imported will be required, Is. 4d. per lb. Barley— ii. S. W., 4s. 9d. per bushel. Candlet— Moulds, 6d. without boxes ; Belmont, Is. 2Jd. Canvatt — Dull of sale. CAewe— English fine, Is. 3d. ; ordinary, Is. ; N.S.W Bd. per lb. dgari—hxt declining, No. 2,805.; No. 3, 705. Co^e«— Market quite cleared. Sales effected lOd. and lid. Cordage— New Zexland in request for small sizes; Manila, scarce, £4 155.; English, 40s. per cwt. Curran/t— Selling at £5 per cwt. Flax — New Zealand enquired for, very scarce. Flour— From £26 to £29 per ton. 2000 bushels wheat were sold on the 24 th March for 10s. 7d. per bushel for cash from the ship's side, bags returned. Furniture — In great demand. Geneva— ln four gallon cases, 255. Gunpowder — Enquiries. Ot7— Black, scarce, £30 ; Linseed, in drums, 6s. per gallon ; Sperm, in request. Oilman* Storet, especially pickles, were quitted at an enormous advance on prime cost. Oats— 4olb., 10s. to 11s. Oatmeal— Market supplied, 18s. per cwt. Maize— Uu been sold as high as 9s. per bushel. Paper — In demand. Pearl Barley— 2Bs. Pork— lrish, £6 to £6 6s. Jtaiiint— Muscatels, Is. 2d.; Eleme, sd. Mice— Patna, 225.; fine table, 15s. Rum—W. I. o.p. 3s. 6d. to 4s. Saddlery— A. heavy advance. Start— Sold to arrive £b to £6 for fine coarse and rock. Soap — 30s. per cwt. and 325. without boxes. Starch— 6d. per lb. Sugart—Virmer. Manila held at £22 ; fine white, £2 ; fine brown, 28s.j refined loaves, 60s. 85s. per cwt. pieces and chrystals, none.

Tea— Congou is advanced from 80s. to 90s. per chest and haWes. Timber— Is not procurable ; large orders from Melbourne to buy at extended limits. Tobacco— For fine samples a brisk demand ; from lid. to If. 6d. according to sample. Turpentine — 6s. per gallon in cases — great request. Twine — Seaming 1«. per lb. Wines Quite worked off ; active consumption, arrivals expected.

The Steamer Formosa. — The P. and O. Cos. steamer Formosa, which left our port for Singapore on the 18th November, went first to Point de Galls, Ceylon, where she arrived on the 14th December. The Formosa was unavoidably delayed five days at King George's Sound, and Captain Parfitt, feeling convinced that bj prosecuting his intended voyage to Singapore via Batavia, he would miss the mail steamer en route to Europe, determined to run for Galle, and succeeded in catching the English mail steamer, to which the passengers and mails were transferred. Letters from passengers, dated on the 3rd January, and written by them when within a day's sail of Suez, convey the assurance that they fully expected to be in England on the 17th or 18th of January, thus accomplishing the whole distance from Adelaide to London in about 60 days; but a thoroughly well-informed correspondent, who has arrived from Singapore, assures us that, according to the usual time of the mails arriving in England by that route, the Formosa's mail will have taken home news from Sydney in 69 days ; from Melbourne in 59 days ; from Adelaide in 55 days ; and from King George's Sound in 46 days. From Galle the Formosa started for Singapore ; but when off Achoen Head, at the entrance of Malacca Straits, the cross-head of part of her machinery broke, and necessitated her return to Galle, whence her mails and passengers were conveyed to Singapore in the Malta. We regret to add that the public spirited efforts of Captain Parfitt had occasioned him some trouble. Mr. Bowker, a passenger from Melbourne to Singapore, had brought an action against the P. aad O. Company on account of the deviation, and under the guidance of his legal adviser, Sir Thomas Turton, U.C.L., had seized the Company's coal at Galle. — Adelaide Register.