COMMERCIAL.

Otago Daily Times, Issue 3363, 15 November 1872, Page 2

COMMERCIAL.

Daily Times Office, Thursday Evening. I he Miiount of Customs Revenue receired .- -i|»y on good* entered for coanumption wu '* Oilinws, vi/,. :— £ s. d. £ s. .d jirandy ...132 15 8 Tobacco ... 82* 0" 0 Whisky ...101 17 5 ( ignrs 10 10 0 Do Col. ...42 15 7 Tea ... fiG 0 0 Geneva ... 10 10 0 Sugar ...HJ7 17 9 Wine ... 13 2 0 Sundries... 42 6 8 Beer ... 12 10 0 Total £714 5 1 THE LONDON WOOL SALES. Under date Sept. 13, Mr H. Schwahtze reported :— "The fourth series of London ea'es of Colonial wool commenced yesterday with the following catalogue :—Sydney, 1335 bales ; New Zealand, 1031 ; Port Phillip, 00'J; Cape, 774; total, 3710 bales.

" There was a large attendance of buyerw, the biddings were spirited, and prices, a» compared with the highest closing quotations of last series, ruled—For Australian fleece and scoured, Id higher ; do in grease, £d higher ; for (Jape snow white, slightly in favour of seller ; do fleece, without change. This result confirms what had generally been expected ; for though the state of trade in not altogether as satisfactory aa might be wished, and complaints are frequently heard of the difficulty of bringing the prices of goods into harmony with the high price of the raw material, the fact of small stocks and amall supplies stands out too clearly not to have a decisive influence on the course of the market. Hence it is accepted on all hands, and home and foreign trade compete alike unreservedly. In combing wools, where the scarcity is greatest, the rieemay possibly increase as the Hales proceed. "The arrivals in time comprise—Sydney and Queensland, 23,135 bales ; Port Phillip, 11,023 bales; Van Diemen's Land, 1000 baits ; Adelaide, 2707 bales ; Swan Kiver, •127 bales; New Zealand, 33,429 bales ; Cape, 24,803 bales ; total, 1X5,584 bales. Of this, about 2000 bales New Zealand have been forwarded to America, and 6500 Cape to the Continent, leaving about 88,0(K) baits fresh wool for disposal in this market. The old stock held over from fourth sales ia probably 25,000 bales. As at present arranged, the series will last till October Bth, and be followed, as usual, by low wool sales." Hearing date Sept. 18, Messrs Jucomb, •Son, and Co.'a latest circular reports :—" Up to last night 25,011 bales had been catalogued, almost every baile of which has been sold. Both the home and foreign trades have mustered in large numbers, and great animation in the biddings of both has thus far given a very firm tone to the market; American competition has, however, been little or none. Prices have, if anything, hardened since the opening, and now, with a few exceptions, range nearly on a par with the highest point reached in February last, and, while the fact of the Bhort supply of Colonial wool in the immediate future may uphold or possibly improve upon present rates for a few months, if trade keeps good and finance easy, we should feel inclined to look with caution at present prices in making calculations as to the coming clip. As compared with the closing prices of last sales, we now quote New South Wales and Queensland fleece Jd to J£d higher, Bcoured par to Id higher, grease par to Jd higher ; Victoria and New Zealand fleece and scoured about lid higher, grease Id; Capes, both washed and scoured, show little advance,"