MELBOURNE.

Daily Southern Cross, Volume XXV, Issue 3750, 26 July 1869, Page 3

MELBOURNE.

Th» Age of the Bth July reports ;—; — Business has not shown much activity to-day, much time having been taken up by the perusal of correspondenca just to hand by the mail. The market for breadtttuffs is quiet, and o»i)erat : onB are of limited extent. Our local market Victorian couutry flour ia quoted at from £13 5s foe parcels to £13 15a for small lots. Wheat is valued at 6s to 6s 3d. In feeding grains considerable firmness is exhibited, and the turn id in favour of holders. At auction very inferior New Zealand oats brought4s Id, and primt samples of Tasm»ni»u up to 4s 4d, Maize is in favour at 4s 4^(l to4ssd. Tb« "Waterman' arrived this afternoon with a cargo from Clarence River. The auction sale of Mauritius sugars this morning attracted but a poor attendance of buyers, and of the 7,609 bags, ex •Margaret' and 'Victory,' offered, only 1,654 could be disposed of at prices showing a decline on browns and yellows ; giey crystals, however, about held their own ; rations l palled 29s 9d to 30s ; low yellows, 32s 9d to 33s 9i ; middling to good yellows, 35s 6d to 38s ; and 37« 6d to 38a for grey crystals. A parcel of 10 o. p. rum, R.WP. brand, was quitted at 3s 4id. Twenty hogsheads Whifcbread'e stout were sold to am»e, at £6 17s 6d. Twenty tona hoop iron met with a. purchaser at » satisfactory price. A shipment of fifty tons salt was placed at £5 5s for fine. For currants a better demand is reported, and a line of some extent changed hands. Hennessy's cane brandy continues to be dealt in with some fretd im ; a parcel of 500 cases was close/1 for at 27b ; we likewise hear, however, of 26i 9d having been in another instance accepted. Chinese oil is held for 4s ; the advance in China ia equal to Is per gallon from the lowest; point touched. Tine teas are again in request, though only for trade purposes ; transmctiona come before us at from Is lOd to 2s. The advices to hand by the mail sLow that only six vessels have been placed on the berth for Australia, against ihirteen at the coneaponding date of last year. No new tea had arrived at Foo Chow, whereas last season 60,000 packages had arrived at about the same time. Thn first vessel wns not expected to leave before the 2lst Jutie, so that w« cau f-carcoiy look for the hrßt arrival of the new crop before the beginning of September. The a ivicea received as to kerosine are more favourable than was generally anticipated ; the clearances for the month were exceedingly moderate, tho pnncipil exports from the United states to Australia for that peiiod be'ng set down as follow : — 21st April : 'F, B. Fay,' Buafcon to Melbourne, 450,000 feec lumber, no kerosine und no toba co ; ' Harrington,' Boston to Melbourne, 2,600 chsps kerosine, 77 packages tobacco, 99,000 feet lumber j 4 Gemsbok,' New York to Melbourne, 1,100 c sei kero-ine, 207 packages tobacco, 1d9,000 feet lumber. There were six vessels on the beith, vz : At JSew York, two for Melbourne, one for Sydney, and one for Adelaide and Dunedin (b> Hi ports) ; at Boston, two for Melbourne. It wa3 rumoured tbat the veshela loading would oarry about 25 000 cases, but not the least relianoo will bo plaued here on these reports now that it is seen how foundaiionlesa have been those with which we have bean from time to time favoured by parties on the other side. On the Bth May Downer's Uerosine was quoted at 45 cents, and phot ilite at 43 cents. From Colombo we note that, the ' Stanley' had arrived, and would probably 1 aye for Melbourne about the end of June. The ' David and Jessie' sailed for Melbourne with 2,0010wt. plantation coffee, and 400owt. native.