DALGETY & CO.'S LONDON" WOOL REPORT.

Otago Witness, Issue 569, 24 October 1862, Page 4

DALGETY & CO.'S LONDON" WOOL REPORT.

13 Greaham-strert, London, 2o',h August, ißis2. Our present series of pubic wool s'i!tM onmciiccd on_ IHst ultimo, the quinticv to be offered beinir lOT.'ilo bales, ine'iidnu 15, 203 of (hpe wools; of which ab mt U^,UUO h ire passed under the himiner. 'lhe known '•circitv of wools in oiu" inaiiui tcturiut; district-, and healthy -state of the woollen tvale i;eneniih. [oil u-* to c\p ■(•!, an animated dennt.d, notwithstanding the larsje (pi mtity lendy to bo brought forw.ud; ana we had no ;ippivh'" Y n->ioii of decline, pirueuLuly us the .ow rite of iuteic->t would naturally induce some to hold, and others to speculate in tin's stank-. Th 'S3 anticipations have not been realised, mainly, m our opinion, from tho absence of the usnnl lorciui competition, which msiy bu athi'.uted to the lower v.nvzo of prices obtained iv tlu Continental market? foi this yrar't, clips; and womu-t quote a decline ot Ad lb in fine wools, an,! I^l on faulty, Lurry and short ill-conditioned samples Stout coaise combing has maintained its price, and nlso iVew Zealand and gicasy wool with but low cx<\j>itioin, Scouied L easier, but, wheie of good length, the decline 13 slight Compiaiu's aro still made of hre^ular packing, particularly in Tasmanian and New Zetdand flock--, neccvitatin« division into very t=iiiali lots, for which competition X .i'w,i\h limitctl. It is,at any rntc, hatisfaetory to know that trade in tho woollen districts k thoioujilily hfalLhy, and tl.at stocks are fast passing into consumption. We look without appidieusion to the future course of the market. Damiuty & Company.