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SYDNEY COMMERCIAL INTELLIGENCE.

[From the “ Sydney Herald,” Jan. 22.] The destruction by fire of a large portion of the Ken 1 Brewery has caused some speculation in beer ; the trade fearing a discontinuance of the extensive operations of the respectable firm carrying on the business of this Brewery would operate materially on our barley stocked market. It is generally understood that the proprietors will be enabled to brew almost immediately with the uninjured portion, of their works. We notice continued activity in bottled beer. Spirits have been taken in large quantities throughout the week ; the bulk of floating parcels now in harbour have been closed for, and but little is being offered to arrive. Brandy may be quoted fully Is. per gallon improved on late sales. Rum is rather better, though sales of 10 per cent, are reported about 3s. Case Gin is much inquired for, and, none offering, sales were reported at 235. Wines, say Ports, have declined 6d. and 9d. per gallon. Sugars are taken freely by the trade ; in the absence of arrivals and a large demand, present rates can barely maintain without improvement. Cigars have been taken in quantity at 70s. for 2a, for shipment; 80s. is now asked for the same by importers. Tea importers have been cleared of all their finer brands of hysonskina, amounting to about 600 chests; with so limited a stock present rates may be considered exceedingly low. Dried Fruits of tbe finer description are in brisk demand, say almonds, nuts, figs, muscatel raisins, prunes, &c. Flour and wheat have been more inquired for. Tbe bakers have purchased some parctds of flour at £2O for fine. Hams, cheese, bacon, &c., of the finest descriptions are much in demand. Fish, dried and otherwise preserved, of all descriptions, is much in demand. Tbe cargoes which arrived about the commencement of this month have now been nearly cleared off. We notice throughout a marked improvement in consumable goods especially, and are again looking for arrivals to replenish stocks. Consumption keeps steadily on the increase. R. Harnett, Broker. Sydney Markets.— Friday. The Mills. —Messrs. Barker and Co. : There is nothing doing in wheat. Prices remain nominal. Flour remains at last quotations, say £2l for fine, £lB for second quality, per 2000 lbs.; business dull. Bran, Is. 9d. to 2s. per bushel. Mr. Breillat; The market remains much in the same state as last week •, a steady demand exists for flour, and the price is very firm at £•2 l per ton for fine and £lB for seconds. Bran, Is. 9d. to 2s. per bushel, and scarce. Messrs. Furlong and Kennedy; A few loads of new wheat have been purchased at Bs. to Bs. 6d. per bushel, and theie have been some transactions in imported at about the same figure. Flour, firm, at from £lB for seconds to £2l for fine, per ton of 2000 lbs.; bran, Is. 9d. to 2s. per bushel. Biscuit, —At Mr. Wilkie s steam manufactory the prices remain at last quoted ; say, for cabin 30a., pilot 275., and ship biscuit 245., per cwt. ; meat biscuit 20s. per tin of 30 lbs. Messrs. Barker and Co.’s prices are for ship 245., and for cabin 30s. per cwt. Butchers’ Meat. —Tbe price of beef and mutton of first quality is, at the slaughter-houses, Ifd. to 2d per lb.; inferior qualities selling as low as Id. per lb. Casipbfxl-street Market. —Until to-day there has been scarcely any business here since last report; but in fodder there has been a rather brisk market to-day. Hay ranges from £9 10s. to gfll 15s. and straw, from £3 to £4 10s. per ton. Only three loads of green food arrived, which sold at the rate of from Is. to Is. 3d. per dozen bundles. Four loads of new wheat came down this morning, which was disposed of at from 7s. fid to Bs. per bushel. No other grain has been offered here this week. One load of bark sold at £7 13s. per ton. Cattle for Slaughter.— This market is very bare just now of good stock, and but few transactions have taken place', 100 head of bullocks were sold by Mr. George Bowman, 100 bead by Mr. Palmer, and 60 head by Mr. Moulder, at 80s. per head ; tbe first and second lots averaging 730 lbs., and tbe third 800 lbs. weight. 1000 sheep in the wool, were sold by Mr. Shepherd, at 11s, per head. Calves sold at 30s. to 355.; lambs at Bs. to 10s. ; and pigs at fid. per lb. Horses. —Mr. Charles Martyn has sold during tbe present week 107 head of horse stock, varying from £3 to £35, viz., 22 from £2O to £35 ; 53 from £l2 to £2O: and 32 from £5 upwards. The market during the past week has been well supplied, but the stock has not been of the best description, and a slight decrease in price has taken place. For good well broken stock, there is still a good demand. Mr. Burt has sold, during the week, at Stewart’s Horse Bazaar, and the Cattle Market Yards, together 154 bead of horse stock, which have averaged at the follow ing prices ; —Heavy draught from £lB to £46 each ; light ditto, £l2 to £2B ; first-rate hacks £2O to £35, good journey horses £l6 to £3O, inferior ditto £6 to £l2, unbroked stock £l to £lO. Tbe market during the past week has been overstocked both with unbroken

and inferior horses of every description, though there is still a scarcity of thoroughly useful horses, either tor saddle or harness, which sell readily at good Prices. Results of Sales.— At Messrs. Bowden and Threl. keld’s sale of oilman’s stores yesterday, the following prices were obtained Prime Chedder cheeses in cloth Is. Sid.; prime ditto, in bladder, Is. ditto Is. 3d.; prime York hams. Is. : jams, in one pound patent jars, 215.; marmalades Is. 3d.; pint pickles, 11s. 3d. and Its.; quart pickles, 16s. 6d.; vinegar, in pints, 7s. 3d; bottled fruits, 16s. ; raspberry vinegar, in half pints, 10s. 6d.; curry powder, Bs. Sd.; French Spanish olives, 12s. ; Durham mustard, pounds and half pounds, Us. 3d. to 7s. 3d. (From the " Sydney Herald" January 27.) A vast decrease of importations to Britain, up to tember of 1852, from the supply of preceding years had caused higher rates to rule, and induced a disinclination to operate with our markets under the then existing difficulties of freights, &c., but few goods have therefore come on speculators’ account; most of our importations have been ordered from Sydney or shipped by branches of Sydney bouses. On reference to our stock list for several weeks past, we find that with our heavy demand for spirits, supposing all to be saleable, and no decrease from leakage, &c., there is not one month s supply in the place, and if unsaleable goods and leakages were deducted, perhaps not one-balf the quantity represented ; towards the close of the past and opening of the present year an unprecedented influx of goods was poured upon us ; the trade were paralysed, and importers were in many cases induced to push sales on reluctant buyers. Insensibly the surplus wasdissipated,and now, when many are run bare, and as anxious buyers enter tho morlict, they find o difficulty in supplying their wants. Supposing vessels to arrive at the present time, three weeks at least are occupied in the discharge of spirits—in many cases it approaches six weeks. Ere then, we fear these goods may go to famine prices. The destructive fire at the Kent Brewery Las, in the mean time, suspended the operations of the Messrs. R. and E. Tooth, but we have ascertained from these gentlemen that they will be in a position fully to supply their customers next week, ere the arrival of the first lots of last October brewing. Ale of all descriptions will run very low in our market; the advance in the interim will be considerable. Porter is in brisk demand in wood and bottle, and market bare. Brandy is advancing rapidly', and will doubtless assume the same position as it held in the market previous to the late heavy importations —say l4s.for draught per gallon, and 30s. for cases ; there is very little offering in the market. Geneva—26s, per case has been refused for a heavy parcel, and seeing the bare state of our market, and knowing the difficulty of procuring geneva in the London market after the closing of the Baltic ports, we doubt much whether anything like the quantity required will come forward. Rum has been much inquired for during the week, and several parcels have changed hands at rather improving rates. Whiskey remains without inquiry. Champagne is in large demand. Marsala is saleable, especially in small packages Port.—ln this article we have heard of no operations since quoting single diamond at ss. fid, per gallon. Sherry is rather more in demand Arrowroot—Manila is inquired for. Cigars have advanced considerably, having been runup by heavy purchases at 80s., which were entered upon since the arrival of the Mary Bannatyne from Manila, which vessel brought only 24 cases cigars to supply our enormous demand; very much higher rates are now asked. Coffee—Owing to a bare stock, sales have been limited, the trade anxiously looking for arrivals, quotations nominal. Pimento, pepper, cassia, nutmegs, &c., continue exceedingly scarce. Rice—The consumption keeps increasing with a fair supply : we anticipate no particular advance. Sugar—The cargo of the Mary Bannatyne, with current Manila sugar, to the Australian Sugar Company, and the Washington, with Zebu and Ylo Ylo, have not affected our market; prices continue as before—£ 1 2<2 for Pampagna, and 17s. fid, for Zebu, and Taal none to be had. The Australian Sugar Company are still doing a very heavy business in refined goods, for the adjoining market and for trade in Sydney, at 31s. fid. for pieces, sd. for crushed, and fid. for loaf. Tea—Sales of skins are limited—stocks of fine are very light, quotations are 845., 85s. Congou are at 80s. to 845., in good demand and light stocks. Sago, pearl—Quoted at 4d. Almonds, nuts, and walnuts, are in demand, and bearing a very heavy profit on importation. Currants have been sold 4$ at auction—raisins at 4d. Fruit, bottle, is in demand. Figs and muscatels are much wanted. Copper continues very dull, with sheathing metal. Iron of sixes is wanted, and quoted at a high figure. Lead is saleable at about 235., with light stocks. Zinc is in good demand, and an increasing consumption. Paints dull—also turpentine. Oils—Saleable at a barely covering rate. Pitch, resin, and tar, are wanted. Bags and woolpacks offering low. Barley and Oats are much wanted ; also Pearl barly and oatmeal. | Canvas is saleable at about Is. to 13d. Cheese—There is a very heavy consumption of English; quotations about I4d. Cordage—Market for English dull; Manila commands an extreme figure. Fish—Cured of all descriptions ruling at extraordinary rales Flour—We notice some little improvement in this article ; quotations at the mills, 21s. for fine. Hams, of very best York and Westphalia cure, command a ready sale at 12d. to 14d. Oars—Market stocked ; paddles and sculls in demand, and scarce. Pickles—A brisk demand, quotations lls. fid. to 12i. Salt, Coarse—Liverpool enquired for. Ditto, Fine—saleable. Ditto, Rock-in demand. Skins—Kangaroo much wanted. Slates—Duchess quoted at £l4. Ditto —Countess ditto at £ll, with a prospect of heavy demand. Soap—Market, for New South Wales, very quiet Soda Crystals— Brisk demand, light Etock, sales at 12s. to 14a. Ditto Carbon—Large consumption, quotations 565. Starch—Market very quiet. Sugar—Sales of English loaf 7d. to 7£d, Timber—A' heavy consumption going on in all the colonies. Tobacco—Large consumption, but disinclination on tho part of ihe trade to operate. Vinegar—Wanted, quoted at 2s. fid. for known brands. R. Hattnett. Broker.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZ18530209.2.4

Bibliographic details

New Zealander, Volume 9, Issue 712, 9 February 1853, Page 2

Word Count
1,960

SYDNEY COMMERCIAL INTELLIGENCE. New Zealander, Volume 9, Issue 712, 9 February 1853, Page 2

SYDNEY COMMERCIAL INTELLIGENCE. New Zealander, Volume 9, Issue 712, 9 February 1853, Page 2

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