Commercial.

Evening Star, Issue 3779, 5 April 1875, Page 2

Commercial.

The amount of revenue received at the Customhouse on goods cleared for consumption this day was 11,61912s lid. Fanning, Griffiths, and Co., of Sydney, in their March circular write:—“A further serious decline in prices at the commencement of the London Feh--2*57 “SS 1 k® B another to the many examples of the fallacy of the one market system, and furnishes a better and more convincing proof than anything thrt could he written to show the present insecure position of the Australian wool sales. Unwieldly accumulations of stock must tetd to break down the market, do harm to all concerned—for manufacturers must remember that goods fall proportionately quicker with a decline than they advance with a rise—and as with the end of the season here, it will be found that the supply of Australian wool is only just equal to the consumption, the recent great depression appears to be unnatural. That the system in the wool trade cannot endure in its present form must be evident to anyone acquainted with the business, and the main thing ■hould he to secure markets, at the same time encouraging the increased consumption of Australian wool in all the manufacturing countries. To this we look as a prime necessity, not only for the prosperity of these Colonies hut for the interests of the conBurner ; and in an age so full of commercial activity ns the present, the wonder is that the direct system, which has been proved in other trades to he ■o simple, so economical, so perfectly practicable, and fraught with large; benefits to all, has not long before been adopted. With established markets in «U the consuming countries, Australia would then have the satisfaction of working upon a sound baas, npd be no longer the chief supporter of a system, which, while it costs thousands to paySfor in unnecessary expenses, is at the some time the source of those violent flnotnations which at the present attend the wool trade. Wool-growers have the power to correct this evil, and it is to be hoped that the experience of the past season has been sufficiently admonitory to induce them to seek their own advantage in selling either in the Colonies or In shipping direct to some of the Continental or American wool markets, and to continue to do so until it expands into a recognised system. The extent to which this trade may gradually grow under judicious management, is almost limitless’, and to those who are interested in its safe development It may not be an unwelcome announcement mat some of the leading merchants of Berlin, Bremen, Antwerp, as well as those of the chief Ports of France and America, are preparing to dj iroat Ihey can to facilitate direct intercourse between these Colonies and their countries ; and we doubt not that in the course of time—sooner, perhaps, than is generally anticipated—the result of their combined efforts“will become apparent to, and ® ,^e ution of all wool-growers, fo aid the establishment of other markets must he the . f ° r until w e have regularity aud greater faculty of intercourse between producers and cons uo steadiness in value can reasonably he experted. A few hues, or a few words of personal mquiry would often remove false impressions, or and ma *e transactions testation pre-