Commercial Intelligence.

New Zealand Herald, Volume I, Issue 243, 23 August 1864, Page 2

Commercial Intelligence.

FLOUR AND GRAIN REPORT. The following important telegrams and market reports from tlio Sydney papers were crowded out from our issue of yesterday: Sydney.—ArorST 13. As anticipated in my (J. A. M'Carroll) last circular, foreign arrivals (exclusive of the shipment of a lsirge parcel of wheat in the Royal Albert from London), have further reduced the flour market £2 per ton. I have been selling; host Adelaide brands at £23 per ton cash ; hut a further reduction to £20 per ton is inevitable. At Melbourne the sellers appear very anxious to realise. The sooner the holders accept the " real" value of Hour, it will be so much better for our South Australian friends, inasmuch as, by accepting .£2O per ton, they would bo well remunerated. The public, moreover, seem detcimined upon paying no more. It is likewise satisfactory to observe that the before-named value would ensure a paying profit to the enterprising shippers from Chili. Quotations: — Eavcurito brands Adelaide flour, per ton, £23. Favourite brands colonial flour, per ton, £23. Favourito brands Chilian and C;i)ifornian flour, per ton, £20 to £21. South Australian wheat, per bushel, As. Gd. Culifomian or Chilian, per bushel, Ss. (id. Bran, per bushel, Is. Gd :— Empire. The maiket for breadstuff's Ims been much depressed in contcquencc of reccnt arrivals, of which the most important hiis been the Alice Tliorndyke, from Valparaiso, into Melbourne, with 1100 tons of Hour. The anivals during the week frcm England have also contributed to our stocks of breads!ufls, the Royal Albert having brought as a portion of her cargo nearly 4000 hags of wheat. The Caroline Coventry now overdue, is known to have u considerable sliij riH nt of licur en board ; and a telegram from Melbourne, which appeared in our to-day's issue, reports as mi item of the intelligence received by the mail, that shipments of wheat, to the extent of 30,000 bushels had been made from Liveipool to Melbourne and Sydney. These shij merits, though comparatively small in extent, and not in themselves calculated to Lave any material effect upon prices here, arc yet an evidence that English shippers aie alive to the state of our market here, and arc ready to avail themselves of the fair prospect of a profitable speculation. There is good reason, therefore, to expect that later intelligence will bring us news of further shipments; and, even should we be disappointed in our expectation of further supplies from California and Valparaiso, beyond the shipments already advised, we may still look from ol her quarters for all that is necessary to supplement our present considerable stocks until our next harvest comes round. We have n ore than once stated our opinion that, during the remaining portion of the present year, loir prices are i.ot like'Jy to mlc ; but, en the oilier hand, the intelligence' which we frcm time to time receive assures us that it is equally unlikely that a rccurrcnce of the late liiph prices can possible take place. Our impression is that during the remaining months of the year prices will probably fluctuate some £2 to £3 per ton, leaving, however, the average obtainable price considerably under the tlie late market quotations. The cargo of Chilian wheat per Gleneaple is reported to have teen sold to parties largely interested m Hour at £20 per ton easii In sugars the principal feature in the market has been the sale cl' the cargo per Watcrlily, from Mauritius, by Mr. ~W. Dean, on Tuesday last. All the lots offered were sold, and the prices obtained exhibited full market rates for ration and yellow counter samples ; but a slight reduction on finer qualities and cry st als. At the sale above alluded to, Mr. Dean also oflered a laipo and varied assortment of teas, but there was little disposition to pm cliase, on the part of the trade, and only a. very small amount of business was doiie. In rice the principal fci (lire in the market has been the sale of the cargo per Liberator, oflered by Mr. Pcaiij cn 'luesdav last. r _Lhe cargo in question is a very superior article, but the prices obtained exhibited a decline in the market value. At the sale alluded to, about 2CO tons weie disposed of at £20 Ids. to £21 per ton, under a gcniaiitee that no more of the cargo would be sold by the importers under £22 10s. per ton. In tobacco there has been little doing; and we have ro improvenient to notice ; the reported export duty imposed by (lie American Government having had little or 110 efieet here. In Melbourne, however, much greater importance appears to have been attoclied to the intelligence; and in that market J considerable transactions are reported at a considerable advance upon previous rales.—Hid. MiauoriixE.—August 12. I Shipments of breads!nil's from England and America amount to 156(i tons o." wheat and -ICO tons of Hour, besides which the Caroline Coventry brings from London, for Sydney, IS7G barrels of flour; and the Westward Ho, lrom New York, 1995 ban els of flour. Ricc market film ; purchases at £21. It has transpired that the cargo by the Landwrothin, had been sold, to arrive, nt full figure-