Cablegrams.
London, Nor. 17. The London colonial wool sales opened on the 17th. Total arrivals amount to more than 80,000 bales. Upwards of 5,500 bales hare been offered. Cape of Good Hope wools preponderated. Home buyers are more numerous than those from foreign countries. The bidding commenced with great spirit. } Prices ranged about the same as last series. The Great Britain steamer has arrired at Holyhead. November 19. Disraeli has written to Sir Henry Creswick Rawlinson (who has been for many years an eminent and distinguished member of the Eoyal Geographical Society) announcing that the new expedition for scientific purposes is to be despatched to the Polar regions. The project is supported on the ground that it is important to encourage a spirit of maritime enterprise among English people. Alexander McEwan, a speculator on Stock Exchange, failed with liabilities amounting £400,000. Wheat, firmer; Australian worth 49s to 54s per quarter. The new Anglo-Australian Steam Company is announced with a capital of half-a-million sterling. A communication directed to the Times speaks of the undertaking in terms of discouragement. Mails from Sydney via Francisco were delivered on the 18th. ; Mr William Cleaver Eobinson succeeds Mr Weld as Governor of Western Australia. , At the London Colonial wool sales opening, competition was well maintained. The following telegram to the New Zealand Loan and Mercantile Agency Company, dated London, Nov. 18, says :— " Wool sales opened level; of last sales comprise about 88,000 bales. 7000 bales been sent to manufacturing districts direct. For Cape Good Hope scoured market is easier"
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/THS18741126.2.11.2
Bibliographic details
Thames Star, Volume VI, Issue 1841, 26 November 1874, Page 2
Word Count
254Cablegrams. Thames Star, Volume VI, Issue 1841, 26 November 1874, Page 2
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