LONDON WOOL REPORT.—Nov. 17.

Nelson Examiner and New Zealand Chronicle, Volume XIX, Issue 06, 21 January 1860, Page 3

LONDON WOOL REPORT.— Nov. 17.

The last series of sales for this year com* menced on the 10th November, and the quantities announced for sale consisted of 9,073 bales Australian ; 4,766 bales Port Phillip ; 1,909 bales Van Diemen's Land; 332 bales Adelaide; 2,897 bales New Zealand; 18,617 bales Cape ; total, 37,594 bales. About a fortnight prior to the opening of the sales, the accounts from the north were not of so satisfactory a character as might have been anticipated from the large business which during the last six months has been done in the districts; confidence had been shaken in a manner scarcely to be accounted for, and the anticipation generally entertained of a full rise ot l^d. per lb. was not realised. The advance can only be quoted £d. to Id.; the latter in full-bodied wools, while inferior and moaty Sydney can only be quoted in favour of the seller. The sales have progressed so far with the same tone and rates as established at the opening ; but yesterday buyers talked more freely of their views and the disquietude they experience at the present state of feeling in France. So sensitive is our market to any feeling that may deprive us of the support of Continental buyers, putting the question of war aside, that a decline would at once be established if our buyers did not anticipate during the sales a good competition for foreign account. Stocks in their hands are known to be very low; although the attendance of I foreiguers is small, they are buying freely.