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THE RISE IN WOOL.
TJaiarihfTrnirtf. Jary3ota.UM Sew Zealand Til ill iiTh Afocj Cassßsaj (Limited) WmS !»»- tUt* SHtaa wUek ojwsed oo Uμ IMb aitfaao w«s hroasM ta a elaae oa UmITUi taasaa*. aartag oocapjid twrnts via at aiWaf, the «BQyaslakrMa a»eragiar thea»«il«Maan*t«& aaa\ snatttfaa caialognad bsiag aa AmOabte Qaaatittea Aarrtala. OOalogaed. XtwßcvthValai _ 7M*7 hates balea QiiH \mH - „ . 1U» _ _ _ «VT» . isj.s „ ■■■it) iinia _ u&a M aSjen M W— inatlllai _ MJtM . 10,4*4 " TlßMisti _ _ UUB» „ 13.54S " ct^cTo^dH^r^e : 1 n ■Hotel _ _ SIS.IIS balai SSVSS hales Ot£tefenaarx7.ae bales •» forwarded direct BB»iUßwyHua.a»duKladediß Ute latter w«ta aaanXWebOw niashilur iatrat hssdt theegb ■ iiiiiliiiTr*-- iiatnail darfa* Uta earlier salea ot las jaw m«S»baleshaTcbesßtakes forexsert. »M*aar*«ot em aakn foe Asxsica, aad 7000 hale* aaa a«U ever lor tstort disposal. t)a» eoan* of Uμ aurxM between Uμ com of ttasacead aad the <x BiaDe&ceaxast of Uμ third aariaa showed eCTeiatiralr th»t Ute low tenl to WMWav wtastof oakarfal staple had faOea waa h» ■■ illII in Ml* i ■ Tl ii Seilers aaeordtagiy BMt •ejßt»#»l*thJe.« wilh a ia«aac of se««eo«B. 4aaea Uwt «sasLae«4 ftkrn woel i be paid for all ftae laUusU««y w«z« BotosJy aot dU. saaaitetal. bat their most nsreise «xpectations wsam rrrmiai for Ute ba!k of awriao rrowtha. llfc the attaaeaseaaa Uμ cpaaiiat was asmerooa. ay t«r Uμ saost axda«a«d cocapetitioa proceeded taoa» tha T»sath —cticc. who.darinir theisterrsj iMCaWßthe aaJea, had b»en tt» chief operator* by aeroto treuy. Asaresslt of this it w-ufoasdthat •aetae wrote snaliil tornacar»7cirecs«i>ts wee* BUBilj acfha after at aa adtmswa oa April rate* 4* V a*»KMre»v.ix»cro e »bre4s being fully 10 aar «aat. tern, whil* coarse aorta were barely S far on. ktahar thajt ia Uμ prenoms sale*. the feaealadmii Tt» yeamoa ectaHtehed at Ute memsg ■■«■"■ ii m bet little altcntioa dariac; Uμ £rst MX of Us* stnea. Uμ Ittaea Mctkm coEtumis* to kaaafhe lead, while the rseait of their tna attitada aasBBM gradoaS? ataai!ast*d anmog*; other Sanara vad a»oacst hoe« bsrers. Throarhoat Chaicioatag tartßsjckt of Uμ Mbm Utew faTOmtl. S^tTo^^iS&^^^S j=*« - ~ ™ ~ " SS *° ** ggasy aaartlia aa il doUdagiiaeriao l*d — SH wml,|. niwii tm W*j*a<eeoersd~aed gnaay*coarM tafeViamte. ~ ~ ::. r. Sr ~ M .— " - . aft *■■» 1U 15ajwr4e» racacUy eraeeadod feubeaa. to the fan ■ t ,tW»U% yarUt'aJaaaj—<al la tsa dulr •Stasiaca, aJbDvua; tbe sa twrimrt mug, of (») la Uμ Cna anttade ofb«y«re, mtiaHltssWay aach 1»»t cataloraes tni t≥ at iata»t»tha> eieaa: asdte)ia tha •JwsylkiaUly •aaaS «exßtS>y-7e»» bales rsaied fcrw»al »S
fatsre dinoaml oat of aa araOshl* total of 3 5.000 bales. In teareUsK Ut the citre* vbirh hare broostit abost this aati-factorr mat, rr«>rd mn>t be f»id to the foUowin* fe tares umnifented tbr»ugboni | th« pact sis mnntb*:—l»t Wuol in the earlier { aaka had nached au ahnonnally low mean lerefcN tßMßtaonte of a camaa»t»Te deciine in prerioue ! j«ai« «ad. The proa M*,a ot lavUj t-> gooi Aaattßlasiaa saariao icruwths was imnsiiaUy t»r»r, asd tkaa* eaVvad into eaaMtition with aludred , aorts froaj other oratres of prodnetlon. 3rd. In the iTaoiire ot anj pronooEoed reriral ta trade I T h«i Europe or America, the want of eon- I ftSaaoa so enceadered iadaeed restricttre eari Bum notwitnstmndinc Uμ low leT»l of prices, ith. The eonseqnent marked abstention oa the part of the leading- French operators throageont the seeood aerJea. who had hitherto been the chief eontnicera of fiae-haired wools. sth. Stocks at virions nunnfactancr centres h»v;ng at length been fensiblj redocsd in consequence of more restricted purchases, the necereitT which ensned for their prompt repleoUhmest. 6th. The conrietion aiur.not bnyera that the fresh supplies probably arailabte forth* concluding eeren months of the present .T*ar would only suSce for immediate wmnts. 7th. Tbe eagerness to replenish stocks beisc £rst fcj thoae who had prcriotulr abrtainf<i from buying , freely, exercised a> sympathetic farorable inflnenee orer others, and broqfhtabont arise in r»laee likely to be dSTelopcd rather Una curtailed thronshont the remaining ly.mha cf Ihi* year. The existing atatisrical positioe lannis to lead snpport tothisTiew.as, whereas there were catalogued dnrinr the first three series of ISSS, in round number*. 750,0 0 bale*, the quantities c&taloraed daring the corresponding eeries of the present year exhibit a total of 845,000 bales, f bowing an excess of 93,00* bales, coincidrst with tie fact thst at the close of the third secea of I£S5. 70,000 bales remained for future disposal against only 7000 bales at the dose of the resent eeriea. The probable quantities to be dealt with in the catalogues of the fourth and fifth series of 1886 will be 390,000 bales, against 450,000 bales in the corresponding series of 1835, showing an apparent diminution of 60,000 bales. Whilst tbe tendency of fashion has set in the direction of iacreaved consumption of fine-haired wools, tbe sympathetic influence sooner or later exercised oa other descriptions, which still remain at a Tery moderate level of ralnes, will doubtless aiake itself felt before the end of the current rear.
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Bibliographic details
Press, Volume XLIII, Issue 6544, 13 September 1886, Page 2
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793THE RISE IN WOOL. Press, Volume XLIII, Issue 6544, 13 September 1886, Page 2
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THE RISE IN WOOL. Press, Volume XLIII, Issue 6544, 13 September 1886, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.