COMMERCIAL.

Westport Times, Volume VI, Issue 979, 14 June 1872, Page 2

COMMERCIAL.

Latest Melbourne quotations are as follows: —Flour, £ls; wheat, 6a 7d ; oats, 2s 9d ; ma : zp, 38 2d ; sugars, low counters, ,£32 10s to ,£39 for finest ; white crystals, £4O. Salt —very low stocks—coarse 90s, fine Liverpool 100s, fine London stored 110s ; teas, ordinary, Is id to Is 3d ; pale brandy, qr-casks 5s 6d"; Hemiessy's case, 26s 9d. Kent hops, fine l a 7l, 2s 4d ; Brandon candles, lljd; currants, 5d ; KL'me raisins, 6d. Toba"Cdes nre very firm. Regarding the pro'peet of future supplies, Messrs Cameron ISrothers, under date Petersburg, Va., 6th March, write as follows :—" There is another very important point in connexion with the past and future of your market. Our internal revenue tax on all plug manufactured tobacco, which is manufactured mostly in Virginia, has been 32 cents per lb, while tlio fine cut tobacco, made altogether in the Northern States, has only been taxed 16 cents. This lias seriously crippled our home manufacturers, drawing large quantities of their products into ilia hands of export speculators, who buy it at ruinous prices. The manufacture of fine cut has increased a hundredfold, and lias been a n>ost profitable business, but it is now a settled question that the present Coneress will m .ke a uniform rate of tax on all kinds of manufactured tobacco. This will give our manufacturers fair competition, and it will take their utmost capacity to supply the home consumption, preventing little if any export shipments, other 1 than those who do an export business entire'y, which is confined to vcy few, and it is likely some of them will tarn their attention to our home markets." They also report that other makers of tens are curtailing their manufacture, and that their own intention is to ship only half the quantity of tens next season. Good leaf continues scarce and dear. Sydney, May 29. The Athena, from Mauritius, brings 400 tons of sugar. Her advices are to April 5. She reports the Clara Sayers, hsnee for Mauritius, was totally wrecked at Rodriques, and one seaman drowned. Hip latest accounts state that grocery sugars are unchanged. Sales of whits crystals have been made at 7.85d0L to 7.9< v dol. The Wodonga, Racer, a.nd Conder were loading for Melbourne, and the Parana for Dunedin. Australian wheat was scarce at 3.50d01., {lour 5d01., bran 2do!. to a.lOdol. Tallow dull; salt beef, 26d01. to ■27d01. A deiaide, May 29. Wheat is still dull at 5s 9d. Victoria's de"flciency is still estimated, at 25,000 tons. Flour ,£l2 15s country, £l4 town.