COMMERCIAL INTELLIGENCE.
Messes N. Edwabds & Co., of 32 Cornhil^ London, in their monthly circular, dated August 24th report: — Wooi/.—The third series of public sales of Colonial wool commenced on the 17th inst. The catalogue comprised 8280 bales, of which 152fi bales were from New Zealand. There was a fair attendance of buyers from all parts though France is not quite bo well represented as during the last salea. Biddings were not very animated, and resulted in a decline compared with the close of last sales, as follows :— Australian fleece lid on the average. Scoured ldtol^d „ Greasy to Id. „ Cape snow white Id „ Fleece id „ Sydney fleece of the finer kinds and New Zealand chewed the greatest reduction. The sale? since the opening have confirmed the above quotations. The pregant series as at present arrangod extend to the 12th of October, but no doubt a considerable curtailment will be mflde. The arrivals in time for these sales are 298,608 bales including 99,366 bales from New Zealand. New Zealand Hemp.—At public auction 18th instant, 730 bales were offered, 370 bales of which sold at about previous tates. CBT, £21 "$■ ton j AZ, £23 ton ;AS B, £23 10s f ton. Tons. Tons. Slock Aug. 2 1875 1513 igainst 2398 in 1874 Imports to Aug. 2, 1875... 208 „ 1629 „ Deliveries to Aug. 2, 1875 692 „ 1098 „ Quotations: — Common ... ... ... £16 per ton Fair 20 „ Good ... 22 „ Fine 26 „ Tallow.—Since our last report a gradual advance in prices has prevailed, and at the last public sale, on the 20oh inst. out of 1439 casks offered, only 483 casks were disposed of, holders not being disposed to sell at prices offered. Mutton brought 44s 3d to 45s for good fair to rather fine. Beef 41s to 42s 9d. The announcement by cable that only 1000 casks had been shipped last month from Australia has given a further impetus to prices. Leather.—The market has been inactive.—let hides and sides Hid to 13£ d; seconds 10|d to 12d^p ft. Basils are lower, 7£d to Is 3d. Hides.—New Zealand ox and cow, Ist, 5d to 6d ; seconds 4£d to 5d f ft. Wheat and Flour —To-day's quotations are the Eame as in our last; there has been an advance of 2 per quarter, hut that has again been lost. The proa pects of the English harvest have very much improved with four weeks of brilliant weather. Quotations : — Adelaide wheat 55s to 565, Now Zealand and Tasmanian 52s to 55i, and Californian 53a to 54s 6d *ffi 496 fts landed. For Adelaide on passage 54s is still obtainable. New Zealand Flour 33s to 375, and Adelade fine 35 t» 36*, and superfine qualities 38* to 39sf'280ib3 ex store. Bank rate nduosl to 2£ '$ cent on 29th July, and again to 2 *$■ ceLl oa 12th August.
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Bibliographic details
Colonist, Volume XVII, Issue 1979, 14 October 1875, Page 3
Word Count
465COMMERCIAL INTELLIGENCE. Colonist, Volume XVII, Issue 1979, 14 October 1875, Page 3
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