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Commercial.

Evening Star Office, Saturday evening. The total amount of revenue collected at the CustomSgto-day, was £348 3s 4d. Mr H. Schwartz in his report in the Home News, under date September 10th, says : The wools catalogued up to date (Sept. 8) comprise :—Sydney, 30,812 bales ; Port Philip, 27,230 bales; Van Diemen’s Land, 6,951 bales ; Adelaide, 12,556 bales ; Swan River, 463 bales; New Zealand, 31,896 bal s; Cape, 27,061 bales ; Sundries, 441 bales; total, 137,410 bales. Most of the Sydney and Cape wools having been put up, the 75,000 bales still for disposal will mainly consist of Port Philip and New Zealand descriptions. The position of the market remains in the main unaltered, and what there is of change is for the better. Thus New Zealand wools which at first sold without any advance, are now well competed for, and may be quoted id. to Id. higher than at tbe close of the June series. Good Port Philip fleece, on a like comparison, show a rise of 14d. for washed, and Id. for greasy descriptions, the very finest sorts realising a still greater advance on account of their scarcity. Scoured Port Philip are no higher than at the best times of tbe June series, and for [the superior sorts there is even a decline, the exceptional demand which existed in the preceding sales having ceased. All kinds of Sydney and Cape wool are in good request, and sell readily at an advance of Id. to lid. per pound on June rates. The attendance at the sale-room continues numerous, the home trade still taking the lead in the purchases ; for though the French buyers have begun to operate more largely than at the outset, they are still held back in some degree by the anxiety, generally prevailing in their country, with regard to the issue of the Emperor’s illness. On the whole, however, the tone of the market is very firm, the competition spirited ; and unless some unforseen circumstance intervene, the maintenance of the present enhanced rates during the remainder of series may be confidently looked forward to.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18691106.2.4

Bibliographic details

Evening Star, Volume VII, Issue 2030, 6 November 1869, Page 2

Word Count
347

Commercial. Evening Star, Volume VII, Issue 2030, 6 November 1869, Page 2

Commercial. Evening Star, Volume VII, Issue 2030, 6 November 1869, Page 2

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