DALGETY & CO.'S LONDON WOOL REPORT.

Otago Daily Times, Issue 263, 23 October 1862, Page 4

DALGETY & CO.'S LONDON WOOL REPORT.

13 Gresham-street, London, 25th August, 1862.

Our present series of public wool sales commenced on 31st ultimo, the quantity to be offered being 107,215 bales, including* 15/203 of Cape wools; of which about 68,000 have passed under the hammer.. The known scarcity of wools in our manufacturing districts und hofdthy state of the woolleu trade generally, led us to expect an auimnted demand, notwithstanding the large quantity ready to be brought forward ; and we had no apprehension of decline, particularly as the low rate of interest would naturally induce some to hold, and others to speculate in this stanlc. These anticipations have not been realised, mainly, in our opinion, from the absence of the usual foreign competition, which may be .attributed to the lower Hinge of prices obtained, iv thj Continental markets j for this year's clips; and we must quote a decline of lb in fine wools, and ljd on faulty, burry and short ill-conditioned samples. Stout coarse combing lias maintained its price, and also New Zealand and greasy wool with but few exceptions, _ Scoured is easier, bub where of good length, the decline is slight Complaints are still made of irregular packing, particularly in Tasrnanian and New Zealand flocks, necessitating division into very small lots, for which competition is always limited. The weather has been generally' cat>riciou9,?and for one week was most unpropitious for the harvest. This doubtless exercised a prejudicial effect, and the closing rates may yet be slightly influenced one way or the other by the prospect ol the crops now in the field. The substitution of low woollens for cotton goods is undoubtedly felt in 9ome branches of trade, and Eng* lish, as well as low foreign wool, has-advanced in consequence, but the c-ffect is not, as yet, felt upon foreign wool;' while the disorganization of our American trade, distress in Lancashire, and diminution in our aggregate exports exercise an unfavorable influence. It is,at any rote, satisfactory to know that trade in the woollen districts is thoroughly healthy, and that stocks are fast passing into consumption. We look without apprehension to the future course of the market. DAlgety & Company.

F. W. COSENS' MONTHLY CIRCULAR. . 16, Water Lane, Londox, August 19th, 1862. Since the departure of the July mail the only fact of importance to record in pur wine and spirit market is the reduction of the quotation of brandy made by the leading Cognac houses, with the exception of a few export orders, the lower price has not induced any improved demand. The home trade in wine for the month of June has declined, but ib is generally supposed that the total for the year will be very satisfactory, although not equal to that of 1861. # The export shows an increase, the figures for the six months

mdin£ 30th June. being for 1861, 933 000• gallons,and "or 18152. 903 000; thy .home consumption for, the lahicperioFin 1861 was 6.105,578 gaiionrs, and for [862 5,017,151; the totals paying the lowest rate of Inty, Is per gallon, were 18G1,■■■920,951, and 1862, ("52,487. . wines. Sherry.—The latest a.ivic»-s from Jerez report, the prevalence of Oidiura, but it was hoped as the weaLher was very propitious- the mischief would not extend. The expert continues equal to about 5,000 butts per month, and it would seem, from the fact of very_ hufh prices ruling, that this quantity was not readily found without trenching upon reserves of recent years, which should be retained for filling from urn* to time' the Soleras of older vintages. Fine old wines continue scarce, and are quite LlO to LlB per butt dearer than at the same period of 1861. Since the Kkctra, in January, no direct shipments of sherry have been made from Cadiz to any Australian ports. Port.— Late letters state that the disease had not spread as much as at one time it was feared it would. Prices of all good reliable wines continue hi^h. and the demand steady. A small cargo of Hunt's port has been despatched to Melbourne and Sydney. In other wines nothing of importance eallß for comment. • SPIRITS. Brandy.—Messrs Martell, Hennessy, the United Vineyard Proprietors, and others, have reduced their quotations, but at present the trade will not be tempted to purchase -beyond- actual requirements, which continue very limited. The vintage promises to be a favorable one, and no business of magnitude is likely to be induced until the result is known. Rum.—The demand for this spirit has improved of late, and prices are higher. For other spirits see quotations :— Piuce3 Current. (A.ll the quotations are free on board export ship in London, and for wholesale quantities.) WINES. Sherry, per butt of 108 gallons—Young wines (first brands),- L32 to L3B; ordinary, do, L42 • medium, do, L 47; fine old, do, L 52, L 5 7; very choice and old. do, L 62, LBO, L 100; Amontillado, L(JOt«LiOO. Port, per pipe of 115 gallons—No. I—OrdiVry (first brands), Lt6 ; No. 2—Medium, do, L52 ; No. S—Fine, do. L6O, No. 4—Superior, do, L 65: extra quality, L7O to LBO. Champagne.—Common sound wine, quarts, 2Q$ : : Good No. 1, ?36.5. ; pint?, 19s. 61: Superior 2, do. ■10s. do. 21s. 6.1. ; Fine 3. do. 4&).; do, '24*. 6d. Claret.—Common, quarts, 15s. to 205.; pints, 11s. 6d.; Good, d 0.., 25*.; do. 145.; Fine, do., 30s. to 505,; do lfe. 61. ' Marsala.—Per 02 Gallons—lngam's or Florio's, £25. Moselle,—26s. to 48s. per dozen. Hock.—2os. to 80s. per dozen. Sparkling Burgundy.—-23-*. to 80s. Teneriffe, per 100 gullons—London particular, L42 to L 45. Mas''euand Rousillon, per pipe, fine, L3t: inferior, L'o. Spanish Red, per pipe, superior, L2O to L2G ; \ common, Ll2 to Lls. Cape, per pipe of 92 gallons—Red, Ll2 to Lls 1 white, LlO to LI 2.

SPIRITS. Brandy, per Gallon.—Kartell's, (in hhds, 18G0) 9s 4d ; Hennessey's, 9) 4d; fiuo pale, iv cases do, 24s ; U. V. P. Company's, do, 8« 8d ; do, ea»es, 255; Otard, 9s ; cases, Anglo-Australian Co 's», 25* ; Champage. V. Vvs.', 8s 10.1; do, case 3, 2o.=s; Clouzeau, No. G, per dez. case, 235. Rum, per pal lon, (in hhds)—Demerara : 12 to 14 0.p., 2s 5d ; ditto 32 to 34 0.p., 2a lid ; fine (double diamond) 32 0.p., H-i Id; selected 12 0.p., 2s 7d : Jamaca, fine 32 to 38, 4< 8;t to 5s 81. Geneva, (key brand—Red cases, large: 10s 8d; ditto, small 10s 21; irreen d6 6s -Id. Anchor over JDKZ.—lied cases, large, 10s 8d ; small, 10s 2J ; green do, 6.s 4d. VH & Co. over Anchor.—Red cases, 30> 8d ; green do, 6s 4d; hooped 2d extra, f >r 890 casps and upwards. London Gin.—Pigeon's, Booth's, or Swaine Boord's, per doz case, lO.s 8d to 11s. Lownde's Old Tom.—lls Od per dozen in white bottles.