COMMERCIAL.
The third series of London Colonial Wool Sales has been fixed to commence on Thursday, the 13th August. The following are the quantities arrived to date.— 59,920 bales, Port Phillip ; 54,714, Sydney ; 39,058, New Zealand; 9628, Adelaide; 8477, Van Diemen's Land; 14,319, Cape — 190,116 bales. Further 20,000 bales may be expected to arrive in time, makingthe probable total 210,000 bales. There is not much spirit in business, but the trade is everywhere well employed, and in the face of good harvests all over the world, consumption may, towards the fall of the year, be expected to receive a new and more powerful impetus than it has experienced for the last couple of years. The laßt sales closing prices will, under these circumstances, be probably firmly maintained. New Zealand and Australian securities generally have been strongly supported. New South Wales Government 5 per cent. 1871 to 1876, 99 to 101; Jan. and July, 99 to 101; ditto, 5 per cent., 1878 to 1896, Jan. and July, 99 to 100. New Zealand 5 per cent., 96 to 99 ; ditto, 6 per cent., 1891, March and Sept., 108 to 113 ; ditto, 6 per cent., 1891, June and Dec., 109 to 111. Queensland, 6 per cent., 1891, January and July, 105 to 106. South Australian Government 6 per cent., 1888 and 1892, 108 to 111 ditto ; 1793 to 1908, 110 to 112. Tasmanian 6 per cent., 1895, January and July, 104 to 106. Victorian Government 6 per cent., 1891, January and July, 113 to 115 ; ditto, April and October, 114 to 116. The July dividends are deducted in these quotations.
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Bibliographic details
Star (Christchurch), Issue 121, 2 October 1868, Page 3
Word Count
267COMMERCIAL. Star (Christchurch), Issue 121, 2 October 1868, Page 3
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