Commercial Intelligece.

Hawke's Bay Times, Volume 14, Issue 736, 18 November 1869, Page 2

Commercial Intelligece.

Wool Reports. MESSRS, V. W. TICKLE AND CO. London, 3rd September, 18G9. We have much satisfaction in reporting that, considering as a starting point the prices current at the close of last sales, there is an advance shown on the present biddings of $d to 2d |) lb on the prices then current. This does not apply ■to scoured wools, which can hardly be quoted higher than the currencies of last series. The attendance of home buyers at the sales has been very good, and the competition has lent a more cheerful character to these sales than has been apparent for some time past. It is quite evident that the trade is not by any means overstocked, and with the very small amount of wool before next clip, we think present values will he well maintained. NEW ZEALAND LOAN AND MERCANTILE AGENCY COMPANY, LIMITED. London, 10th September, 1809. The course of the Wool Market since the date of our last issue, which reported the result of the first sale of the series now in progress, has sine*; been continuously favorable, and prices which we then stated as ruling fully up to the closing rates of the May-June sales may now be quoted in the case of washed Wools at an advance of Id to l-|d, and unwashed £d to Id |) lb. The competition for Mew Zealand Wool during the early portion of the series was perhaps hardly S'j buoyant as in some other descriptions, owing mainly to the comparatively passive attitude of the Trench buyers, who have, however, since operated with considerable freedom, and given this produce a full share of their attention.

Cjood combing parcels have been keenly sought by the representatives of the Bradford trade, though half-breds, which during the late scries it will be remembered ruled exceptionally high, have commanded little if any advance. The probability of some improvement in value had been more or less generally anticipated from the many circumstances tending to such a result, among which we may enumerate —1 lie excessive cheapness of the article, favorable harvest prospects (since realized) the very moderate value of money, certain indications of revival in trade, and the likelihood of some check to the increasing rate of production. The suddenness and extent of the advance however has exceeded general expectation, and may perhaps bo regarded as fully as important as is justified by the present aspect of the trade. Under these circumstances, therefore, while we are disposed to take a favorable view of the future, we do not look for more than the maintenance of existing quotations at least for some time to come. We reserve a special report upon the general condition of the New Zealand clip till the close of the series.

To this date 142,854 bales have passed the hammer out of a total quantity arrived of 205,000 bales. The arrivals of New Zealand wool for the November salet are as under: —Harvest Home, 3,558 bales (w. Blulf Harbor; Maori, 219 bales (O) Auckland. Bank rate, 2? per cent.

Live Stock Reports. MESSRS CAREY, GILI/ES, HUNTER, AND CO. Auckland, 12ih November, 1809. Saturday last, at the Durham Yards, horses were in full supply. Kidiifg horses met witli better demand than the week previous ; draught horses were rather dull of sale; light harness horses were in request, and met with ready sale. We quote hrmks from £7 to £ls; ligl.it harness horses, from £9 10s to £ls 2s Od eaeli.

Cattle. —Onr yards were filled with all descriptions, and prices were throughout the sale remarkably brisk, especially for store stock, which was fn;.:iy compete;! for, and sold at full rates. We sold 270 head of mixed cattle. We quote the following prices : —The second cargo, ex Keera, from Wellington—loo three-year-old bullocks, from £9 to £9 12s 0J ; two-year-old steers, from £7 to £7 5s ; yearlings, £fc 7s Od eaeli ; store cows, from £5 17s Od to £0 7s Od; three-year-old heifers, in calf, from £7 2s fid to £7 10s each. Store cattle, from coast, ns follows—Two-yenr-old steers, from £7 to £7 17s Oil; three-year -old steers, from £8 15s to £lO 2s Od ; yearlings, from £1 12s Od to £5 2s Od; working bullocks, £ll ss. A few Australian stores, £8 19s to £9 10s.

Beef was in plentiful supply, and prices were much the same as the week previous, notwithstanding the pressure of the large number of Queensland cattle which always ailects the market. We sold 00 head, ex Island City, at from £lO 10s to £ls 2s Od 3j} head. Provincial and Wanganui brought from 87s Od to 42s Od $ lOOibs—2o head sold. Dairy cows were not of such ready sale; there was a dulness throughout the day, but really good animals at their profit, found sale at full prices. They sold from £lO 2s Gd to £l2 (inch.

F:it Sheep.—Our yards were filled, and we made good prices. The shorn sheep, ex Star of the South, from Malua, sold readily from lis to 17s ; provincial, from lis to 20s !)d; store sheep without their wool, from Napier, by the same ship, sold at from 7s Oil to 9s Oil. Lambs were in plentiful supply, and went at from 7s 6d to lis Gd, according to quality. Calves and pigs were competed for with great spirit, and made excellent prices. The Wanganui pigs, ex Kennedy, sold at from 85s to £3 4s each.