CAPE TOWN NEWS.

Timaru Herald, Volume XXVIII, Issue 2006, 5 April 1878, Page 3

CAPE TOWN NEWS.

[Br Tblegbaph.]

Wellington, April 4. A correspondent ol the Press Agency at Cape Town, writes on the 22nd Jan., as follows : — The wool market has been practically unchanged f during the paat week or so. Snow wliite sorts are the same as at last sales, while ordinaiy scoured have been withdrawn at Is 7d. A fair lot of scoured realised ls 5d to 2s 4d ; average fleece washed realised lOd to 10 id. There is a good demand for fine greasy, and [some fair average grease, tolerably light, fetched 6£d, and heavier 1 its 6 Jd to 6sd. Inferior sorts are going off slowly at s£d to 6d. Mohair is weaker, but little has been offered. A bale of middling realised ls 6d to 3s 4d. Sheepskins, averaging from 3§lb to 4£lbs, have been sold at 4d to 4Jd per lb. A parcel of 3£lb skins sold at 3|d. Goat skins sold at 4^d per lb; Angoras, averaging from 2glb to to 2f lb, sold freely at 7Jdto 7sd per lb. Dry sound hides are fetching 4d to s£d ; large heavy horns aro bringing Bgd to 9d, and lighter sorta aold at 6d to 7£d per lb. The eastern districts of the Colony are suffering from severe and protracted drought. Transport is very high, and some districts are running short of supplies. Cattle and sheep are reported dying m large numbers. The Kaffirs at present m rebellion against the Colonial Government have entirely neglected agricultural pursuits, and consequently grain is likely to be scarce and dear. The Imperial and Colonial forces have been rigorously operating against the rebellious Kaffirs during the past week. Large captures of cattle have been made, and many of the enemy killed. Volunt3ers are flocking from every portion of the Colony to the frontier. A telegram received here to-day announces the suspension of Messrs Horwood Broa., of Port Elizabeth, with liabilities of £95,000, and assets of about £45,000. Trade m the Colony is generally very dull, except m provisions and munitions of war for the frontier.