COMMERCIAL.

New Zealand Herald, Volume X, Issue 3624, 23 June 1873, Page 2

COMMERCIAL.

New Zralakd Herald Ofiice, Saturday evening. Amount of revenue collected at the poet of Thames for the week endincr Saturday, July 21, 1573 Duties, £->f>7 14s Ort: arms fees. £16 IDs; merchant shipping fees, £1 Gs Gd; total, £2G6. exglisii. Wo make the following extracts from our Sydney exchanges Of the English wool market, Messrs. Wrl-ins Owrburv and Co., writing on the 17th April, report -—"During the p:\st iro.nth has been rather more done l>y private contract than is usual in tlie interval between the public sales, but tlifi demand has been almost entirely for the lower descriptions of grea^vAustralians, especially Adelaides, which were relatively cheap .luring the Kehruary-March series, and which, it appears, are yielding a hotter weight of varn in the process of manufacture thau was the case list vear. Nearly all the transactions effected have b 'l-n on French account, and, as a rule, have been cn'ieludod at an advance of about Id per lb. on March prices. Reports, however, do not justify the belief that this improvement will be general when the market is freely supplied wilh wool. On the contrarv, consumption is more or less reduced in all quarters', and must be proceeding decidedly more slowh than at the same period last year. In regard to price* during the ensuing series, much of course will depend upon the extent of the arrivals. If the>e amount to '200.1XM lnlcs or importers must prepare themselves for a probable fall on most descriptions : but in this event it is not unlikely that the bottom mav be touched at once, and that business m iv wceed with greater linnness and confidence during the remainder of the season. The arrivals to date are as follows, of which about GOOO bales have gone forward direet to Yorkshire and the Continent : Hroiu New South Wales and Queensland, 12,230 haV*- Tort Philip, 1>7,017 ditto; South Australia, 7'JS ditto : Western Australia, 04 ditto ; Tasmania, : iililO ditto : New Zealand, 15.774 ditto ; Cape of Good Hope, 2S,'.»!>:» ditto; total, lf>s,f>i)3 bales." Mes=f>. Goad, Rigg and Co., under date April IS, reportni>on other Australian produce:—" During the present month the tallow market has continued in the same quiet state as noted in our monthly report of the :ilst ultimo; the demand for the time of year being limited for all descriptions. The sales of Australian tallow during this month are confined to above !>SO casks, and priccs are without alteration, via., 43s to Vis:)'*! i\»r good to line mutton, and 41s to 41s l»d for fair to line beef. Tallow : The public sales of tallow t«»-duv went otV flatly, and although the quantity of \ustralian offered was small, the demand was very limited and <»nlv 420 casks found buyers at an average decline on bite rat-s of 3d to Od per cwt ; good to tine mutton realising 4*2s Od to 43s Gd ; and fair to good beef taliow, 41s to 4ls 0d per cwt. Present in tirsi hands, about £>100 casks. Hides were in h-is ami late extreme quotations not obtainable. We quote bt-st heavy Sydney, to Sd ; and light, 7-Id per lb. .Melbourne and I'.risbaue tirst heavy. ;f,l to~7 : jd; light, 71*1 to 7id per lb. Leather: Althou.:h -mlv a .imiu-d suppl/has been brought forward, little has been done, and prices have declined fully Ad per U>. We quote best Melbourne sides, l3jd to lid, and best Sydney l J.]d to 13d per lb. Mimosa bark : Ihe market is dull, and transactions very limited, but without alteration in prices. We quote irood Adelaide ground, .ClO to £10 l'- l s ; best, to "> l'U; Melbourne ground, *:••> to CS 10sper ton. A rumour, referred to si-me time since, that a movement was on foot for the organisation of a company to >up;uv coal to the Indian ports, fhe Pacific, aud California, from the coal-mines of Newcastle, >ew spi'.h Wales, agiiu gains currency. The trade is proposed t:» be carried on by incaus of six largo steam AUSTRALIAN". Syunt.y.—The following extracts are from the latest Svdiß-v papers to the 7th in>t.:—"Our London teleirram.* dat-d Miy:U. states that money is iu active donv.nd: discount, 0 per cent. The Bank returns are favourable, ami the stock market is active. New .South Wales Fives, ISSS-1001, 100}; New Zealand Consolidated Fives, ll'U; Queensland Sixes, January-July, lip. Union Rink* of Australia, 4">}. The Loudon Chartered Hank has declared a divideud of S per cent. The wool sales conclude to-dav. The attendance has been good, and the competition tirm. Trices wero maintained to the close. Tho next sales commence i on July io. The arrivals amount io 104,000 bales, and prospects are favourable. Tallow is steady. Petroleum. Is -d; cocoanut and sperm oil unaltered. Wallaroo copper, CsO to COO. Straits tin. .£134. \Yhea', unchanged. We have Hongkong intelligence to April 17. Coals were then firm at 13 to 14 dollars for Australian. The Marquis of Argyll and Capsiugmoon, with chow-chow cargos for Melbourne and Sydney.'ailod on the oth, leaving the Matilda Athelfmr on the berth to follow. At Shanghai, Australian coals were quoted at 11 tiels. No transactions are reported in th" Foochontea market during the month, but !>r"pATUions were being made for the new crop. From L'akao, we learn that the Oscar was loading sugar there for Queensland. From Manila we have

;»<;\'iee< i" .Aj»ril IS, reporting the departure of the Fl<>ra, with 11,7u0 piculs sugar, for this port. The sutzar market was quiet at CIS 7s Gd for extra superior; £l."» 13s ior Uo 110 superior; and £ LI 2s 7d for current. Hump unaltered. Colfee in demand at 20$ dollars per picui, equal to £75 J)* 31. Cordage has declined to in I 14s f»d per ton forassorted sizes At tho Government s.ile of cigars ou the 3rd, No. *2 Havannah shaped U>s.) sold at 10$ dollars; N T o. 3, both shapes, at u:»sft prit.e. Coals scarce. and held for advanced rates. We , \ <jtlu.ii Morning Herald) are unable to report any improvement in the state of traMe. To say that there is nothing doing would be very nearly correct, and the lame shipments advised by the mail must tend to m purchasers cautious. Broadstulfs have taken a firmer tone, which ni iv be traced to private telegrams received from California and England, giving unfavourable news respecting the growing crops : those of California not being expected to yield moreth;»u half the .surplus of last season. Holders of lltiur have advanced their prices, £14 l?s to jCI/> lus for best. No wheat offering. Candles are steady ai 10.'d tt► lu*d for best Coifee scarce, and rising. Bottlvd ah- is scarcely obtainable, and almost every .suipiu.n: afl-nt has bought, to arrive, at fancy r.Uv-s. The recent. stir in brandies has not lasted, anil holders rind a diiticultv in .sustaining prices. There is a ready rah; for lumber, at extreme quotations. We haw h<-ard of several sales of sugars at full rates, .-ft jcks are not largo, and the only cargoes known of to arrive, except t-y the Company, are those ex Windhover ami Mary Blair, now due from Mauritius. In rice, the only transaction of any importance has been the sale of "\h'i balance of the .Mercury's cargo of Japan, oji private terms. Teas dull. No news of the opening of the season at Foothoo has yet transpired, but may be looked for during the next week. Two cargoes cleared for Australia early in June last y«»»- " MuLiioi iiSK. — We have received Melbourne files to the 4th. We take the following from the Aryas:— *' In the import market business shows little improvement, the greatest dulness having pervaded business throughout the day. Breadstuff* aro still getting firmer, a further improvement being established in flour. Wo hear of a line of fA) tons having been placed at £11 7s Gd ; a parcel of 100 t«ns was taken up at .CM f»s, and the same figure was offered for another parcel of 100 tons, but refused. Trade sales are now making freely at ill 4 las. For wheat Os Od is generally wanted for prime samples ; a small lot, however, was quitted at 0s Sd. Supplies are still sumty. Oats arc very saleable indeed. We understand that the shipment per steamer from Launceston, recently arrived, about 10,000 bushels, is going into store for still higher rates than are now ruling. A. line of GOo bags good Tasmanian was placed at 5s 6d. For feeding, prices rango from 4s lOd to fts 3d for low to good feed. .Maize is stiffening, for though, as often happens ia similar circumstances, otters for large parcels have been made and refused at 4s sd, the smaller dealers arc in many instances still able to buy at 4s 4d. An evidently improved feeling is springing up in regard to teas, but though numerous inquiries are experienced, nothing special can yet be referre I to in the way of sales. A. better demand for sugar also comes before us; a. few hundred bags have been quitted at £37 10s to £40. .Some 45 tons of Braby's gdvanized iron were eleared off by auction at .4137 lUs to £44 IGs. The sales of timber coinprise l J'.)3 white deals, 11 x 3, sold at Gd, 3-lGths per foot ox 3; 700 red deals, damaged, which brought 6d IMGths, anil 1523 9 x 3 white deals quitted at SI 5-I'jths to fid 7-lGths ; W.P.T. and G. flooring brought, £14 10s to £14 12s Gd; 05 0 s 1J T. and G red flooring realized 37 5$ x l£ brought 12s 3d; and IS G x I sold at lis i)d; lSt3,ouo feet white Norwegian T. and G. flooring G x g was placed at 13s; aO,OOO feet G x at lis; 449,000 feet 0 x $, white beaded, at 7s 3d; 51,000 feet G x if, at Gs 3d; and 20,000 feet 4-cut weatherboards, at 7s 3d; cedar sold at 2Gs Gd to 40s Gd, and .Richmond River pine at 18s to 2lb 3d. In liquids we hear of a parcel of Edmonds' pig brand having been sold, to arrive, at 12s Gd."