COMMERCIAL.
Qiiii ■ London.— The "lNewaul mo World" special telegram reports : — " My latest special advices from London are to August 19. At that date the produce markets were devoid of animation, although previous prices had been in most instances maintained, with an occasional advanco in several leading articles. Wool : Since the sales the market had been very strong, and a large trade done at advanced prices, and holders generally were disiuclined to sell except at an advance. Cotton continues dull, and prices hud declined fully § d to % per lb. New Zealand flax, in auction, 1,242 bales mot a good demand, and 950 bales found buyers at an advance of 20s to 25s per ton ; tow, £12 15s to £14 5s ; common to middling, partly cleaned, £21 to £24 ; medium qualities, more or less dressed, £24 10a to £28 15s ; good, cleaned, £29 to £29 15s ; fine, £31 to £32; superior, well-dressed, £39 to £45 per ton. Tallow : The demand for Australian continues ; the home trade buying steadily for present wants, and several parcels, both of beef and sheep, had been sold to go to France ; Bales foot up 5,414 casks at 35s 6d to 44s 3d for sheep, and 47s fid to 42s 3d for beef, closing at 44s for sheep, and 42s for beef. Hides met with a fair denvtnd, with sales o{ 1,581 ealted Australia at 4Vd to 6£d. Cotton seed : 548 bags New Zealand bought in at £8 j 88 bugs Sydney Bold at £5 7b 6d for cotton, and out of condition. London dates to the 31st August are also to hand. The produce marketn remained without improvement, the only exception being in the wool market, which was very active and buoyant, and manufacturers were working night and day in filling orders. Since the public sales large quantities of colonial wool had been bought at extreme prices, and at the next public sale a further advance was anticipated. Flax, better demand and prices advanced 20s to 25s per ton. Hides in good demand at id advance, with sales of small parcels Australian at £d advance. Australian leather in demand at £d to fd advance.
COMMERCIAL.
Wellington Independent, Volume XXVI, Issue 3321, 17 October 1871, Page 2
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in