LATEST SYDNEY MARKETS.

Wellington Independent, Volume X, Issue 1313, 22 September 1858, Page 2

LATEST SYDNEY MARKETS.

The past month has been one of extreme dulness in all b'ritnclles -of trade, the imports of leading afticlex liiive been very Urge, especially of ilmpcry and soft Business, whioli is generally brisk during August, in ann'oipution' of the spring nmi summer imde, lias been entirely coudned to'f.c'tuii.l want during the past month.

Much depends cm the advices per July mail, now due, arriving as i> probably msy ,-it this particular month, during which-a good portion of the approaching two nrouth'3' trade fe done by importers. The commercial iueliigence will have considerable influence on our markets. Should tht- hews he of a favourable character, we may reasonably expeci that a mere brisk and profitable demand will immediately commence for'numerous leading articles of import. EiBTEBN PuoiiucE.—-We t'.avg flo 'alteration lo' report in,the market for tea*, h'olflers ar« linn in anticipation of an increased demand during ihe next two month's. The engiir 'market, althnngh very inactive fjr raw Bugare. is ilecidedly firm. Lonf and all descriptions of refineil sugars ia readily saleable at uur qiintations. Coffee is lon-erj Btocks are nbiindaiit, niifi »s tlig consumption i» conaidero.bly le.-'s during summer, we cimnot reasonably iouk for any improvements on present raies. Hide—the arrivals, for the last f*o m..iitllslnvVe l*cn in excess of Ihe demand, hud prices have in consequence de-' olined, hofwiihstiimling the large influx of Chinese"; we believe "tbat "stocks at lho digging's and in the interior are very limited, nnd should imports be moderate fftr the approaching two months, the mar-j Vet miist soon rally. Spices are in better demnnil. Black and white pepper are scarce and wafiicd.

Flouk and GnAiN.—Since onr last the price of, flour has advanced, Bales of barrel flour have been made at 445. ii'ild 455., the mille quote .£23 per'toil : for Ahs'tralian. It is generitlly supposed that prices ; hi\'& sern their lowest for this year, and'that s reaction must soon take place. Wheat is in good demand by the ifiiMers at 'Bs. Cd. to Ofl. Od. per bushel. ,

Oii.mun's Stoiibb.—Good assortments of beßt brands are saleable at remunerative rates. Mnny of the recent'arrivals have Keen landed damaged liy sea water, aiirl dis|>obr>(l of 1/y auction, which have cheeked the advance in prices anticipated. Wines and Spirits —During the faouth the ninrket for sherry wines hris shown symptoms of reaction, several parcels have changed hands, hut the prices realised will not lea Ten niargin.;for shippers. We look for an improvement in thli market ac the season approaches. There is uo wholesale demand fir port wine. Enquiries are made fdr champagne, hook, olnre't, anil o'thrr descriptions of light wines. I.fcading brands of dnrk.brandies are in demand at our quotations for sin nil parcels, whilst medium.and.low'qualities, arcjieglectcd. The supply of rum is ample, good'sainplejs'■arc held fdr an advance On otar is also plentiful. ■ ■' '■"^■.•;,^*^4 r ~ :^ ".'

BinTrt.—On the 19th inst:, tlie ~\HPb : of Mr. W. S'Ebd. of a da'usii'tcr.

Dibd.—On Monday last, ths 20th instiint nt his liosidcnce, the Union Bauk of Austrdlia, Adam Cu.mmiho M'Domald, Esq., ftged 3.') ytfiiJs.