SYDNEY COMMERCIAL.

Wellington Independent, Volume XVII, Issue 1774, 2 October 1862, Page 3

SYDNEY COMMERCIAL.

September 13. The amount of gold coin issued by the Sydney Branch of the Royal Mint during the week, ended (to-day), September 12th, has been 58,000 sovereigns.

Ihe quantity of gold-dust imported into the same establishment, during the week, for the purpose of coinage, has been 12,203 ounces . The Share market has been active during the week, and several transactions have taken place in moat of pur securities. The news from England has given additional firmness to the prices of bank shares, which again rule higher. The following are the fluctuations which have taken place. Bank of New South Wales shares are in request, and have advanced 20s. per share. Union Bank shares have been sold at an advance of £8 per share on last sale. Australian Joint Stock Bank shares are more enquired for, and have improved 2s. 6d, per share. Steam shares are firm at quotations. Id Insurance shares there have been several transactions at last week's rates. Wallsend Coal Company's shares have been in greater demand, and the new shares have improved 2a. 6d. per share, and the old shares ss. per share.

Debentubbs. — In Government debentures there have been no sales this week. Newcastle Coal and Copper Company's debentures have been gold at 98 and interest.

Business during the week has been quiet, and the transactions generally have been to a limited amount. The news by the English mail has not affected our markers in any marked manner, and prices for most articles rule pretty nearly the same as last week.

Floub. — The market is firm, no vessels being on the way from Aidelaide. The miller's quotations are unaltered. Adelaide flour is quoted at £14: 155. per ton. Wheat is firmer, and telegrams have been received of a. demand in Adelaide for wheat for Melbourne. There is very little Adelaide wheat in the market, and it is worth 6s. 3d. Liquids. — Ale, in bulk, is firm, and last week's rates have been maintained. • Porter, in bulk, is without any alteration. Bottled ale and porter are in fair demand at full prices. Brandy is steady : Kartell's is worth 12s. 9d. to 135.; Hennessjr's 125. 6d r Rum is still dull, and 30 o.p. is quoted at 33. 7d. to 3s. 9d. Geneva is without any alteration, and first brands range from 13s. to 14s. In wines there have been no transactions of any importance, and prices remain nominally the same.

Tsas. — There has been very Jlittle doing in teas this week, and prices remain abont the same as last week. Good congous range from £7 to £9 per chest.

Sugabs are not so firm, and the prices obtained at auction for the cargo of sugars, ex ' Juverna,' show a decline on previous sales. Rioe is not so firm, and Patua cannot be quoted higher than £25 per ton. Coffee is a little flatter, and at a recent sale by auction. Manila was quitted at Bd. per lb. in bond.

Salt continues dull of sale. Liverpool is quoted at £4= per ton. Fine salt is witheut any alteration in price: Candles continue very dull of sale. Belmont's 13jd. to 14d.

Oilmen's Stores are in moderate demand, but as stocks are ample there is no alteration to notice in prices.

Tobacco. — The accounts of the tobacco market received by the ' Bombay,' are unusually favorable to holders of stock. London circulars state " a decided changfc in the market, aud a material advance in quotations. Exporters in the market, and business upon a different scale of figures to those quoted a few weeks back." In the two great markets of the world, !N ew Torlc and Great Britain, there is less stock than in the Australian colonies, and return exports are not at all improbable. Advices from New York report grert activity in the manufactured aiticle, and in June and July hae experienced an advance of nearly 30 per cent., and that buyers for the Californian market could not meet their requirements. Advices from Virginia had come through, but except for home, consumption, this market may be considered for the present all but extinct, stock being limited. Anything under the name of manufactured tobacco, had been bought up in London at extreme rates. With these advices holders of stocks here show no anxiety to realise : and although many enquiries have been made, but little business has been transacted.

Cigars. — Notwithstanding the high ratoa at Manila, several small parcels have gone into the market during the week, at a loss to the importer — principally it is understood, to close accounts, aa J advised per mail.

An extraordinary advance in the price of best Turkey opium has taken place in the London market between the 26th of June and 26th July. This article has advanced in price 6s. 6d. per lb. Messrs. W. Dean & Co., report their sales of the week as follows : — The cargo of timber ex ' frowning Beauty, 1 from New Zealand, on Tues day sold at the following rates : Deck planks, a 2?5. ; log timber, at from Z6s. 6d, to 85s. accord

ing to lengths : on the same day the balance of the cargo ex ' Julia Ann, 1 from the States of America, at prices varying from 235. Gd. to 255. for pine wood lumber. On Wednesday, the barque ' General Jessup," was sold for j£1,065. The cargo of sugars ex ' Juverna,' Was sold by the same firm, on Wednesday, at prices that show a slight decline on previous rates. Large parcels of teas were placed at a shade above present quotations.

Rice, coffee, and cigars, show a slight decline on our last sales. The sale was well attended, and some competition was manifested. The trade seemed move inclined to operate than of late, and ft'ith few exceptions the whole of the goods advertised were placed, either at the auction sale, or immediately afterwards by private contract. The day's sale would gross over £20,000.

Married. — On Tuesday afternoon, September 30, by the Reverend John Moir, at the residence of Mr. David Carswell, confectioner, Mannersstreet, Wellington, Mr. John Tate Platt. prin. ter, eldest son of John Clarke Platt, Esq., of the E. and I. Magnetic Telegraph Company, London , (late proprietor of the Sheffield Times), to Sarah M., relict of the late Mr. H. B. Hart, printer, and eldest daughter of the late Mr. Robert Houghton — all of Wellington.