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Daily Telegraph (Napier), Issue 3648, 22 March 1883, Page 2

Tx writing of the wool trade Messrs Ilelniuth Schwarlze and Co. say that the average value per bale of colonial wool during the pa.vt ten years has been fit), and they think that this represents the normal value. Hitherto 121 has been taken in accordance with the practical results of a. number of yeans ; but in view of the increased proportion of greasy and of crossbred wools, and in consideration also of the possibly permanent depreciation of the latter, it' is probably more correct to reduce the figure to £20. Last year's value was CI 7 10s, which consequently falls short of the mean level by 1-'- per cent. This is taking the market as a whole. Descending to separate classes, we find the best merino wools o to 7 per cent., middling and inferior merinos and tine cross-breds 10 percent., low cross-breds 20 to 20 per cent, below the average. The total stocks at the end of 1882 Avere 200,000, being the largest during the past ten years, with the exception of ISSO, IS7S, "and 1.577, when the stocks were somewhat higher.