Commercial Intelligence.

Timaru Herald, Volume XVII, Issue 816, 15 November 1872, Page 2

Commercial Intelligence.

ENGLISH MARKETS. Messrs Miles Brothers' and Co, under date, London, Sept. 19, 1872, report as follows: — ' WOOL. The fourth series of colonial wool sales for .the present year commenced on the 12th inst ■ nnd will continue up to the Bth proximo. The arrivals for these sales comprise : — New South Wules and Queensland, 23,109; Victoria, 10,853 ; Tasmania, 925 ; South Auxtrnlia, 2,741 ; Western Australia, 295 ; New; Zealand, 33,506; Cupe ; of Good Hope, 24.300; total, 95,729 bales. Of the above, 5000 bales were forwarded direct to the manufacturing district, and the old stocks amounted to about 25,000 to 30,000 bales. On the opening night, the saleroom was very well attended by both home and foreign buyers, and biddings were spirited, purticuliiriy on French account, and prices for ureuey wool advanced about £d to Id per lb ; while wished Sydney, Port.-Phillip, mid New Zealand fleece wool is a full Id per lb dearer. Onpes rule about, .the smiie as at . lii*t sales. Since the. commencement, prices hnve been firmly maintained, 'mid the 'stnne. spirit continues, mid we look for no alteration to the c.-)ose, or indeed to (lie end of the year. NEW ZKALAND 11BMP. The market is very quiet, nnd only a few parcels hiive been dfrp'oped of, at. a reduction of iibotit- LI per ton. The prices ruling are L3B to L4O lor fine; L 34 to L 36 for [>ood ; L3O to L 33 for mediums ; L 25 to L2B for common ; mid LI 4 to Ll7 .for low. •WUKAT ANi) PLOUK. The wheat itim-kel bus been very firm. AcI'oitnl soft lit* biirvL-st. m Scotland and Ihe North heiii» more uiifnvonibletlinn at Bret expected, :ind with I hi? deficiency m I he crops generally, nnd* we do not. mil impute, nny decline at present. Supplies nve to be obtained from America and France, and no doubt the high prices vulii)^ will i;nu«e purchases to bu nmde. N f w Zealand wheat, is now worth from 60s to Cos, mid flour 43* to 484.