COMMERCIAL.

Hawke's Bay Times, Volume V, Issue 233, 1 March 1865, Page 2

COMMERCIAL.

Mestrrs H. P. Uwjhes and !>o,t ! a London Woo! Report. Ode fourth aud last series for the year, c insisting of 21 ,SS-t bales Sydney and Queensland, 18,0115 ■„ Port Philip, 3,01 l „ Van Diemen's Land, 3,60-1 „ Adelaide, 11,229 „ Nev.; Zealand .217 „ S-.rau River 2-3,213 „ Cape of Good Hope. Colonial ... 80,233' „ Sundries... 2,533 „ TotaL SS.S23 bales, commenced 17th u’t-„ aud terminated this day. The Sales were postponed beyond tbe usual period in anticipation of a reduction in the Bank rate, hoping that prices would thereby--he beneficially affected; but not' 'thstanding the Redaction teak place, the want of confidence owing to recent failures ill the Worth, was so strong amongst our home buyers, that prices opened at the following decline, without any improvement as they proceeded. Good Port Phiiip Fleece and scoured, about ... Id Inferior and faulty 2d Good Queensland and Sydney fleece "... 2d Inferior and burry .- 2d to 3d Van Diemen’s Land "... id New Zealand Washed ... ... Idtol^d Greasy Long Staple ... id South Australian Fleece and Scoured Id to »$d Good Greasy do. Td Inferior and Sandy . 2d Fair condition and good Stapled Cape ... Id Inferior Short and AVasty ... 2d to 21 d Some faulty Flocks, particularly Port Philip, Ijitty scoured 3d After a few days a further reduction in the rate of discount took place, but our Sales progressed uninfluenced by the easier state of the money market. Cape Wool being in large supply, (although, a considerable quantity was either bought in or withdrawn) showed a further reduction in prices, which was not recovered up to the close. An unusual proportion of seeond-hand Wool materially increated the quantity catalogued. Our attendance from all parts was good. The following arc the prices of New Zealand wool: — Scoured flue, 2s to 2s 3d; Ditto skin, Is 7d to Is 9d; Fine clean fleeces. Is 9d to 2s 2d; Inferior,.ls 3d to Is 7d; Broken pieces and locks, lOd to Is; Lamb wocl, Is 4d to Is 8d; Unwashed fleeces, 9d to Is 2d. Low iJ oo! Sa!ea, ICdh and 17th inst —Good South American Merino, washed. Is 2d to Is sd; Inferior ditto ditto, KM to is; Coarse and burry, 5d to 7d: Common ditto.-id to nd ; Good Merino, greasy, pretty free from burr 7!d to 9d ; Inferior and Burry, is toad; Low aud burry 3d to 3|d.