The Wool Market.

Feilding Star, Volume XVIII, Issue 20, 23 July 1896, Page 2

The Wool Market.

{ Per Press Association. I London, July 21. The wool sales closed very firm. The N.Z.L. and M.A. Company, Ltd., have received the following report from their London office by the last 'Frisco mail : — Little has been doing in our market since the close of the public sales. Un usually heavy withdrawals during the series have occasioned a good deal of enquiry for lots protected at auction. Owing, however, to the reluctance both of holders to accept and of buyers to advance upon the rates established during the sales, comparatively little business has been done. Furthermore, activity in the Home manufacturing centres is for tbe moment interrupted by the occurrence of the Whitsuntide holidays. Advices from the Contiaent, while indicating a quiet tone in France, continue to report a steady trade in Germany. Tbe following figures relating to shipments of the current Australasian clip, accorcing to the latest Colonial returns, aro of interes; as bearing upon tbe statistical position of our articles as compared with the corresponding period of last year :— New South Wales shows a decrease of ... 80,734 bales Victoria " " ... 25,740 „ South Australia an in- ... crease 6,175 „ Queensland a decrease... 27,060 „ Tasmania " " ... 7,457 „ New Zealand " ... 24,865 „ Net decrease ... 159,681 „ The gross arrivals to date for the 4th series of sales, which opens ou the 30th of June are as under : — New South Wales ... 47,185 bales Queensland 15,806 „ Victorian 48,209 „ , South Australian ... 17,052 „ ' West Autralian 7,838 „ Tasmanian 12,158 „ New Zealand 66,925 „ r ( Eastern 24688 ) Q7 7 m » Ca P c (Western 3015 J 27 ' 703 „ I Natal 12,261 „ Total 255,137 „ Of which about 60,000 bales (30,500 Australasian, and 29,500 South African) have been forwarded direct to Yorkshire, the Continent, etc. Public sales of wool will open at Antwerp on the 9th prox.