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LONDON WOOL MARKET.

Schwartz's Circular sayß since November, the following: quantities of wool have been catalogued . —Port Phillip, 4812 bales; Sydney, 7329 ditto; South Australia, 968 ditto ; Tasmania, 396 ditto ; New Zealand, 9906 ditto; Cape of Good Hope, 16,420 ditto; sundries, 236 ditto; total, 36,067 bales. The fourth serias of colonial sales opened on the 14th November. The catalogue comprised 4237 balo: there was a fair attendance of foreign buyers, English were under the average; the bulk of the catalogue consisted of Cape, and the Australian was chiefly of scoured descriptions. Prices have fallen 2d below the September rates; the average price for Sydney scoured is ls9d; fleece, Is 6d; greasy, 7d. The average for Port Phillip scoured, Is 10.1; fleece Is 8d; greasy, 9id. This fresh dec-line is attributed to very bad business and over production of wool. PRODUCE MARKETS. Hides.—Australian at sales brought full to slightly advanced vates. Baited Australian were only pait sold. Bark. —Mimosa only part sold at late rates. Tallow.—P. Y. C. on the spot, 43s Bd. There was a good de :;and at the sales. Australian sold at 6d to Is advance ; Australian mutton, 44s ; beef, 42s 6d to 4*13. Leathers —Australian crops, to 10 Jd; other hides, 8d to 9jd. <; or n,—Wheat trade is extremely quiet. English is offered at reduced prices ; the demand for foreign is of the merest retail character, but holders are firm. Klour i-s dull. Oils.—Palm, £40 ; c coa nut, Sydney, £42 ; linseed, £34 15a t;> £35, on the spot; rape, £36 103, to £36 15s on the spot; foreign, £40 to £41; refined, £39. Metals.—ln copper the only business done was in Chili. Rurra, £83; Wallaroo, £81, nominally ; Chili bars, £69. Sutjur is in good demand, principally for the British West Indian, which realised full prices. Skins. —Australian sheep, fine, 45s to 62s ; inferior 26a 9d to 365. EXP; ®TS. The exyorts for the month ending November 15, to Victoria, have increased £286,931 ; to Sydney* an increase of £49,915 ;to Queensland,' an increase of £21,183; to Adelaide, an increase of £72,948; to Tasmania, an increase £33,406, as compared with last month.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18680125.2.28

Bibliographic details

New Zealand Herald, Volume V, Issue 1308, 25 January 1868, Page 4

Word Count
353

LONDON WOOL MARKET. New Zealand Herald, Volume V, Issue 1308, 25 January 1868, Page 4

LONDON WOOL MARKET. New Zealand Herald, Volume V, Issue 1308, 25 January 1868, Page 4