LONDON WOOL REPORT.

Press, Volume XIV, Issue 1835, 1 March 1869, Page 2

LONDON WOOL REPORT.

The following is Messrs'. Miles and Co.'s report on the November-December wool j t*se*'\&x •;.; r;r; :,, --" ; ' y ! v'' ~ i : ? ' \'; .f.j 'jTHe fourth and last series for the current j yrar* commenced on 'the 1 ! 26th November, and cloted' on the 2lst inetant. The catalogues hi¥© %nipr|»M the' Mowfag- viz: i bal^r r Sj4ney atrd Queensland, against 21,983] y&fsk doPort PhiUp", ogaiftfcsosss. ■ db}_23oS do Adelaide, against 8,32836; 17,339 dd^iw'2^anW'agtinsi4^llß-abj <: d;72B~dd Ttamanian, against 1,901 do; 50 do Swan Biver, agait>«t 115 di> ; : 43,761 do Cape of Good Hope, against, 45,635. do.. Total, 120,222 ! 107,136 bales catalogued at corseries last year. . J The large attendance of buyers which marked the opening night had Been well maintained throughout the sides. . France and Belgium were well represented; and we estimate the quantity purchased,, for foreign account to ttf bale*.: Bidding!: spirited, and buyers, although dems&m of maintaining September have etinoed a much greater disposition to purchase. The Bsles ha?er«hewn-Bome irregularity but we can quote for Ihe better class wools an adva&oeof about «|d par lb, and for sound: stapled combing wool from id to Id per lb. Medium quality clothing wools sold on the average without,ilterafciab, but the Sydney parcels of. Jew dusty and seedy description w^li' 7 unsaleable at last sales bav«be#n taken at an advance of about Id per lb. l l&cnW generallyhavebeen dull of Sate. Tne h*ld orer for next sales is about 6,000 are Gape wools. Bydx*X,—TbJ« wool was. generally low and faulty, but brbngbt improved rates as compared with the bjtd prices ruling for this description in September. The medium quality remained unchanged. Post Philip.—The larger portion was of indifferent quality, being the fag end of the cHp; (: Hams combmg, wer« scarce, ; and tfe© fow parcels <ffferad were eagerly competed fcf» ■■■'''-• A "'•••-■■■- -■• ';''' »*(■...!,; ? '■'-'.'■'■ Abbsaibb.—The small quantity on sale was eoie%£fJbeJheavy. _ NBVvZBAiiAKD.—There was only a medium assortment of scoured and, greasy descriptions, and these were orW from last sties. The greater part of the washed portion was mixed and irregular. Oifß*—& ( large : quantity—*ay one-half— was sap* white, exceedingly well got npj anS waa iri demand, participating with the gi«**y descriptions in an- advance of nbout fd KTOSffl GUB&SKT O»,COLONIAL W00L.V,..., ■ BMtfra*- A*i> Mpß&rojf ; •Bilr.-^econr^or fc», is tofm>ix*r dit*ov%kin« i» I© i« faa dean fleeces, Is 7d to 2s Id; inferior, lid to la 3dj brobsn, pieces and locks, 9d to is Ifij lamb-woo?, U 1* 4dv onwaahed asteeea,€dtoSd.■;■ ."■ •i n <r;i ■;:..■?■■.:■: «% fine, .l»«aW2» J«5 *"»» l8 id *o la 4dj fine ©U RO fieece*, 1* 8d t» 2»s inferior! Is 2d to lesd«nd looks, Stolid-'lambi wool, to 28; fiTOces,fdtdls. # fii»e,i«6d to ?v~?d| ditto, skin, la to Is 2d; fine clean Satees, la 3d to Is 9d; in&rior, Is to la

2d; broken, pieces and locks, 9d to lldj lamb wool, Is 2d to Is 7d; unwashed fleeces, 7d to lOd. South Australian.—Scoured, fine, Is 4d to Is 6d; ditto, skin,- ; fine clean fleeces, Is 4d to Is 6d; inferior, 1* to Is 2d; broken, pieces und locks, 7d to lOd; lamb wool, Is Id to Is 4d; unwashed fleeces, 7d to lOd. New Zealand. —Scoured, fine, la 7d to 2s; ditto, skin, laid to Is 3d; fine clean fleeces, la 4d to Is 9d; inferior, la Id to Is 2d; broken, pieces and locks, 8d to lid; lamb wool, la Id to Is 3d; unwashed fleeces, 7d to lid. Swan Bites.—Scoured, fine, ; ditto, skin, ; fine clean fleeces, ; inferior, is to Is 2d; broken, pieces and locks, 8d to is; lamb wool, is to is sd; unwashed fleeces, 6d to Bd. Cape; Town and Natal.—Scoured, fine, la 4d to Is 10d; ditto, skin, lid to Is id; fine clean fleeces, Is 2d to la 3d; inferior, 9d to lid; broken, pieces and locks, 7d to 8d; lamb wool, la to Is Id; unwashed fleeces, 5d to ;7id. | ALGOA Bat.—Scoured, fine, Is 4d to Is 7d; ditto, skin, lid to Is Id; fine clean fleeces, Is 2d to Is 3d; inferior, 9d to lid; broken, | pieces and locks, 7d to 8d; lamb wool, Is to Is | Id; unwashed fleeces, 5d to 7d. s. d. s. d. Good South American Merino^ washed 1 oto 1 1 Inferior ditto, ditto 0 9„ Oil Coarse and Burry 0 4„ 0 6 Common ditto... ... ... 0 3 „ 0 5 Good Merino, greasy, pretty free from burr ... ' .. ' 0 -6i „ 0 6_ Inferior and Burry r .. ... 0 3,, 0 3 Low and Burry 0 2,, 0 4 Beiiabks.—The results of these sales are very encouraging; although the actual advance is but small, yet there is a brisker and firmer feeling than has prevailed in the trade for some time. In September, with a bad aten- fdance, it was hard to draw bids from the buyers, unless at mere nominal rates, but ,-at the series just terminated, the close of the season and a large quantity for offer, when it was anticipated that prices would have rather a downward tendency than otherwise, we are favoured with a full room and spirited biddings, and this we consider due to the general improvement in trade, as there is a total absence of speculation. As the old stocks—with the exception of the 13,000 bales before mentioned, have been cleared off, and the arrivals for next sales are not likely to be very excessive, with the indications of increased trade in the north, we may reasonably look forward to aome further improvement in price in February. (Signed) Miles Bbos. & Co. 79, Gracechurch street, London, E.C., 31st December, 1868.