We learn from the Wool Circular for the August Panama Mail, published by the New Zealand Loan and Mercantile Agency Cempany (limited), information which will be interesting to many of our readers. The date for the commencement of the August series of wool sales, as has already been stated, wa3 fixed for the 13th of that month and up to the first of August, 39,058 bales had arrived from New Zealand, making with Australian, Tasmanian, and Cape consignments, a total of 196,020 bales. The quantities of Australian and New Zealand Wool sold and arrived since the commencement of the year present a total of 433,071 bales against a total of 413,368 bales for the entire supply of the 12 months of 1867, while the latest advices gave particulars of a further quantity of 39,044 bales, which had yet to arrive from the same quarter. The increase io the production of Australian and New Zealand Wool in 1867, over the previous 12 months, amounted to 64,513 bales. The export of Wools of Colonial growth to the Continent for the 6 months ended June 30th, 1868, amounted to 49,079,923 lbu, against 39,626,742 lbs, for the same period of 1867. It will be seen from these figures how largely our market has been indebted to foreign competition, especially when it is born in mind that the exports of Woollen manufactures for the 6 months ended June 30th, 1868, amounted only to £8,570,943, against £9,877,715, for the first 6 months of 1867. The improving tendency of the export Woollen trade is, however, clearly indicated by the steady but marked increase in the Board of Trade returns for the 4 months ended 30th June. * Are you alarmed at the King of Terrors?' asked a man of a dying neighbor. — 'No !' was the emphatic reply; *No 1 I've lived six and thirty years with the Queen of Terrors, and the king can*t be worsen than she, I'll be bound'
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Bibliographic details
Nelson Evening Mail, Volume III, Issue 250, 21 October 1868, Page 2
Word Count
323Untitled Nelson Evening Mail, Volume III, Issue 250, 21 October 1868, Page 2
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