Commercial Report.

Nelson Examiner and New Zealand Chronicle, Volume XVIII, Issue 63, 6 August 1859, Page 2

Commercial Report.

Nelson, August 5, 1859. In reviewing the commercial aspect of the past month we have no material change to report, although we understand that the business done has, on the whole, been of a much more sound and healthy nature than that which we formerly remarked upon a3 bordering too much upon speculative trading.

There lias been a slight activity exhibited in the grain market; wheat, more especially, commanding full rates ; and, by late departures to Australia, some fifty tons flour and several thousand bushels of wheat have been exported.

The fall in the price of wool, confirmed by late advices, will, of course, operate considerably against the province ; and if the dreaded rupture should take place, and plunge England into active war, we fear that the wool growers must prepare themselves for a further decline than the threepence per pound already established.

The new tariff, according to the Custom Duties Act of 1858 of the General Assembly of New Zealand, deferred for the Queen's assent, came into operation at this port yesterday, and will be found in our columns. In some cases it will be seen that the tax amounts to a prohibitory one, as iv pickles, sauces, oils, &c., known as oilmen's stores.

The Gold Fields Act, which imposes an export duty of 2s. 6d. an ounce on gold, was also put in force here yesterday ; and it is to be hoped that a judicious expenditure of the revenue thereby realized will assist in opening up the auriferous districts so valuable to this province.

Our quotations are, of course, materially affected by the new tariff, and are as follows :—: —