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NEW SOUTH WALES.

The " Sydney Empire" of the 18th reports :

The arrival of the mail has not had, as yefc, any material effect upon the market fov imported gooda generally, and we can scarcely look for improvement, until stocks are very much reduced. As far as general business is concerned, tho present week has been almest a blank.

In tho market for breadstuff:?; we have not heard of any transactions beyond the supply of the Uiual trade demand. Prices remain without any quotable alteration ; but if anything, there has been a firmer tc v .\e lil tho market during tile last few days. Buyers appear to limit their purchases to their absolute requifemehls, and holders do not manifest any disposition to force sales.

By the late advices from China, wo learn that the new crop of teas had opened al Very liigh prices, being from 25 to 30 per cent, higher than last season. The Charlotte hud sailed for Melbourne with the first of the newteas, mid the Ettrick and Alice Mary were loading at Foo-Chow. Several vessels had also been chartered atHongkong for Foo-Chow to load for the colonies ; but as the failure of the Agra Bank was not known at Hongkong at the latest dates, we havo yettolearn what will betho effect, of that news upon the supply of teas for the colonies. Our own market this week has been very inanimate. Sales by auction havo been unimportant, both as regards the parcels offered and the amount of business done ; but we learn that nearly all the balance of the Juvernn's cargo has been placed privately on secret terms.

The market for sugars this week has been very dull, and public sales very insignificant. No doubt, forced sales would exhibit a furthor downward te?idency in the market. In other articles of general consumption we have no alteration in quotations to notice. Stocks ai*e heavy, and the demand for goods is limited, but no doubt a cessation of imports would materially benefit the market. There are, however, several vessels which nmv now bo considered fully due, and the cry is "" still they come."

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WCT18660825.2.5.3

Bibliographic details
Ngā taipitopito pukapuka

West Coast Times, Issue 288, 25 August 1866, Page 2

Word count
Tapeke kupu
354

NEW SOUTH WALES. West Coast Times, Issue 288, 25 August 1866, Page 2

NEW SOUTH WALES. West Coast Times, Issue 288, 25 August 1866, Page 2

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