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Commercial

I The expect titles c ring the past week, purcnases oemg *urn« Victori ;h extreme caution ; no transactions ot any Ns yg ;e have taken place and little alteration h pears'provable "until the spring fairly sets g No imports from the neighbouring colo- Tasma iS or elsewhere have arrived, but * he f Light Cape < foods auitable for this market. The Cole- *" m has. almost-completed discharging-her rgo,the latter portion having, turned out SWourablythanwasatonetimeexpected, generally are notheavy at present but £ m th! number of vessels laid on for this , rt in London we may shortly expect very - bi aT y additions. Several shipments of grain th<j Q lT e been forwarded to Melbourne and Auck- thiMm ad during the last few days but prices have Thj >t been improved thereby ; the grain market , Australia has fluctuated considerably of ,d the general opinion is that prices can . ?dly be sustained. In England wheat appears V Qa , havefalleq 8s per quarter during.the month > June, so that holders here will have to con- eyen mc to a corresponding reduction. No.sates moßt f wheat during this week have come to our aowledge, the parcels, recently exported hay- , e been tmrchased some time ago, and only | ,tely delivered. Quotations are only nominal 6s to 6s 3d per bushel. Oats also «•■« ry , uli, Is 10d to 2s b>h?g the utmost hunt, bod samples of barley are somewhat brisker, Au prime sample having Changed hands a few cQmp ays since at 4s 4d. " ! ' , and: A sale of general merchandise was held by lessrs Nathan and Co. on Tuesday, but the . rices reaßa?d,wre not considered satisfactory, 8q rith the sole exception of teas. 150 boxes of &ni i Jelmont sperm were offered, but only K> Ta ,ere sold at 12* d, the balance being with- boW . [rawn. A parcel of; boots wei» put up by j t At W. H. Hargreaves on Monday, and trie and ( ,ulk sold at a very low figure, the remainder m >eing held over. . a pr< Stocks of sugars are low, and full prices ire obtained, white samples heing in ■domana Baleß md scarce, crushed loaf moving freely, b£ di yellows are not sq active. Tea*, are held m § v cry moderate quantities, and fetch good prices, tfaou A. small parcel of good plantation coffee would ever snd a fair market. Cornsacks and woolpacks g • are very slow of sale, both being sup- g ( ply. Building materials can hardly be got rid of, stocks being excessive. ■ ■ jj In spirits we may still note a ateady trade, »nd prices are fully sustained. Brandy, L whisky, rum, and geneva, are very low m . stock. Nothing of consequence has been done ( in wines, most qualities being held in large quantities. Ales and stouts have not altered f(m for the better, both, remaining quite a drug. m&J The amount received at the Custom-house, B up Christchurch, on August 20, was £90 18s, the consisting of—Spirits £66 Os sd; apparel £1 for 13s 4d ; candles (sperm) £5 4s 2d; soap ma , (common) £2 10s ; hops £1 8s ; woollens £1 8s 9d; chain 10s; saddlery,£4 lis 4d; dranerv 7s 6d ; vegetable oil £2 7s 6d; boots £1 r Os lOd; haberdashery 9s 2d; ironmongery £3 7s r The amount received at the Custom House, - Lyttelton, on August 20 was £108 19s 6d, toconsisting of-Spirita £47 Os 4d; w,ne£4 to 16s; tobacco £55 17s 6d ; stationery is; light dv dues £14s Bd. c t ? l The amount received at the Custom-house, tin Christchurch, on August 21, was £45 Os 3d, clv consisting of-Geneva £16 17 6d; tobacco su| JBI9- baking powder £1 15s 6d; bottled ale crj £3 15s; sardines £2 16s 3d; cinnamon 14s; vei ArmjiAct:2s. >"jr-.. :.•":' ■'■■■■'■■_ The amount received at the Custom-House; nei Lyttelton, on: August 21, was £30 13s ;6d, shj consistingJOf-rSpirits £21 15a;5d ; tea £5..7s ace 6d; millinery 9s 2d; light dues 16s Ids 8 «< |paotage.£2ss4d. g : : " ' pi« We have bceen favored by Messrs Miles les and Co. with the following wool market report 38 from Messrs Miles Bros and Co, dated London, _ Ist July, 1868 :— The second series for the year opened on the 14th May and closed on the 27th ult. Ni The catalogues have comprised the follow- __ ing, viz : — 31,414 bales Sydney and Queensland 57,656 bales Port Phillip 6478 bales Van Dieman's Land 25,641 bales Adelaide 19,955 bales New Zealand 2857 bales Swan River 32,506 bales Cape of Good Hope 205,507 ... Total bales Colonial i The attendance of buyers from all parts on the opening night was very numerous. Most i descriptions of wool were well competed for and prices showed increased firmness, as the sales progressed, and some slight improvement - on last sates. To this result we were mainly P indebted to the prosperous appearance of the harvest and consequent decline in the prices S; of grain, and had every reason to expect that A rates would have been maintained, but the T o long continuance of dry weather having caused some uneasiness as to the yield of the coming N crops, and several Orders for the continent T 9 having been curtailed in consequence of the 0 German wool fairs, prices here soon went down; S 5 and during the last week they fell in most r a instances lower .than March rates, and are , now about Id per lb lower than at the \ ,' opening. . . ' ■ - ", I . Sydney and Queensland Wools were generally defective in condition: and of inferior I ; quality and sold badly; Some few flocks , i showed improvement and realised satisfactory d Ta Port Phillip W-doV-rlfotwithstanding the * large quantity for offer, were fairly competed c for%ud sold at about previous rates.-The 's suparior clean flocks were much sought after, ; and realised good prices. _ ~ .. in New Zealand Wool showed considerable J improvement, and generally sold well, but the if medium and ill-conditioned parcels were very is heavy of sale. k. Swan River was m good demand, particur 1 larly for the better class wools. There is a slight improvement in condition and length of staple, but still requires greater attention. Cape of Good Hope Wool—Of this there was a large Bupply. The bettor descriptions scoured and ileece sold well, but lower sorts ,m were dull of sale. TEICBS CCX KIM OF COLOSfAL WOOL. Sydney and Morcton Bay—Scoured fine ,m Xs 9d to Is lid ; do i«kin Is to Is 4d ; five > clean fleeces Is 9d to 2s ; inferior Is to Is 3d; broken pieces and locks 9i to Is Id ; lamb wool la 3d to Is 5d ; unwashed fleeces Gd to Bd. '' Port Philip—Scoured fine Is lOd to 2s Id ; do skin Is Id to Is 5d ; fine clean fleeces Is 10J to 2s; extra iis 3d to 3s 3d ; inferior f - Is to Is lid ; broken pieces and locks lOd to Jej Is Id; lamb wool Is to 2s ; unwashed tlecccS Van Uiomans Laud—Scoured fine Is 9d to Is lid ; do skin Is to is 4d ; line clean est- fleeces Is 8d to Is lid ; extra, 2s 5d to 2s 6d; inferior, la :id to Is 4d ; broken pieces and locks 9.1 to Is Id; lamb wool Is 2d to ls9d ; unwashed fleeces 8d to Is. South Australia—.Scoured fine Is 5d to Is fal- Sd ; clean fleeces Is 5d to Is 7d ; inferior Is to Is 3d; broken pieces and lock- 7d to lid ; lamb wool Is Id to Is 5d ; unwashed fleece Pel- 7d to lid. Ncr- Zealand—Scoured "fine -IsrDd to 2a; do skin Is id to Is sd; fine clean fleece is 6d to 13 10d ; inferior is id to Is 3d ; brocken pieces and locks 8d to is; lamb wool Is Id om to Is 4d; 'unwashed fleeces 8d to Is. Swan River—Scoured fine Is 3d to Is 4d ; do skin Is id to Is 3d; fine clean fleeces Is foe 4d to Is 6d; inferior Is to Is 2d; broken pieces and locks 8d to Is; lamb wool Is to Is sd ; unwashed fleeces GI to 9d. 3'gbi Capo Town and Natal—Scoured fine Is 4d ifor to Is M-; lid to Is Id; fine clean fleeces Is 2d to Is 4d ; inferior 9d to lid ;

broken pieces and locks 7d to 84, lamb *00l Is Id ; unwashed fleeces 6d to Bd. ~ Aleoa Bay-Scoured fine Is 4d to Is V<X , and locks 7d to 8d j lamb wool Is to Id; un washed fleeces 6dtoßd. .„ Messrs Dalgety and Co hare farored us with the foSow ing. report of Dalgety, Due**, and - current series of colonial wool salesi is dto close on 27th instant. The quanitalogued are as follows :— and Queensland |M 67 Australian ... ... ••• af a :::■• .'.'. ■'• s » isc stralian - Z „^ ,f Good Hope 28,10* might be anticipated in a serieß of so uratioh, some fluctuation in price has >bservable from day to day, and during eek some tendency towards decline,, ited to the report of lower prices from nrman wool fairs and at the series held onth at Antwerp, j ,". -weather favorable to an early! las been unusually hot and dry, affecting •ospect of abundance which the-spring the whole the currency of the March,, may be said to have been maintained, in Victorian wools, which have been plentiful, while Tasmanian, New,Zeaa,nd Swan River, are at much the same i as in September last. Victorian fine combing has commanded satisfactory J , «nd any decline from the'best rates of cries is in ordinary seedy and earthy] is. ... stralian fine clothing meets with active stition, especially where in good condition ree from .seeds, A large proportion, rev, has this defect, and the demand for i very languid. ith Australian wools are in heavy fispply, he turn lower. imanian clean well-assorted flocks have irellj but the greater part is irregnlar as to n, insufficiently Bkirted, as well as heavy eedy in condition. w Zealand generally is short grown, with portion of tender wool; Not being plenit has sold comparatively well. Next v* ill afford a better criterion of the an Biver wool' shows improved care, gh condition is still irregular j it is, howwell grown, and prices are as good as in smber. oured and skin wool have sold slightly >r than in March. imbs wool is plentiful, and has suffered in i regard to future prospects, the approachharvest will {have.more than the usual t on account of existing high prices of .Should timely rains be followed by urable weather for securing the crops, we reasonably look for a good home trade to jlement the foreign demand ; and though supply of wool is undoubtedly ample the existing demand, we hope for the ntenance of present prices.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18680822.2.5

Bibliographic details

Press, Volume XIII, Issue 1716, 22 August 1868, Page 2

Word Count
1,763

Commercial Press, Volume XIII, Issue 1716, 22 August 1868, Page 2

Commercial Press, Volume XIII, Issue 1716, 22 August 1868, Page 2

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