COMMERCIAL INTELLIGENCE. (From the Sydney M. Herald.) Friday Evening, November 18.

Daily Southern Cross, Volume X, Issue 674, 13 December 1853, Page 3

COMMERCIAL INTELLIGENCE. (From the Sydney M. Herald.) Friday Evening, November 18.

The arrival of the August mail, notwithstanding the news has heen so long anticipated, must necessarily prove a source of gratification to our merchants at this particular period, owing to the circumstances of so large a proportion of the duplicates not having yet come to hand. The nature of the advices generally are not such, we believe, as are at all calculated to alter present quotations, or in any way weaken]the market. Indeed, unless the interest of the shipper be entirely lost sight of, the contrary must be their effect. Up to the latest dates, •which we are in possession of, both material and labour were ruling so excessively high, as to preclude the possibility of replenishing stocks, at the rates now current in this market, without considerable loss to the importer ; so that whatever may be the extent of shipments during the next two or three months, no decline from present quotations is likely to be experienced. This remark, of course, applies to our more staple articles, and not to any fancy descriptions of goods, ■which latter are at all times subject to great fluctuations. There has been but little speculative business doing during the past week ; but the operations for legitimate consumption hare been steady and somewhat extensive. The demand from the country continues very good,jand, as the weather becomes more settled, will materially increase. The only important alterations to notice this week are in the articles of tea and hops. The former is now in. very few hands, and there is apparently but little disposition to sell, even at the recent advances, prior to the arrival of later now» from China,, which may now be hourly expected. Every pocket of the latter, in shipping condition, has, we believe, been bought up for the Melbourne market, and, as importations for some time past have been attended with heavy loss, it is not impossible that for the next twelve months wo shall experience a great scarcity. The arrivals for the week are— the Royal Stewart, irom, Southampton, with general cargo; the Queen

Margaret and Duchess of Sutheiland, from London, with" merchandize ; Vimiera, fiom Plymouth, with mtrchandizo; Victoria, from Harabiugh, -with German goods ; and the Asa Thor, from Melbourne, with part of her original cargo from China, compri&ing 740 chests, 228 half-chests, 8,208 boxes, and 100 cases, tea, 1,630 packages cassia, aud a small quantity of eoffje, sugar, preserves, &c.