LONDON WOOL REPORT.

Hawke's Bay Weekly Times, Volume 1, Issue 35, 26 August 1867, Page 209

LONDON WOOL REPORT.

Colonial bales catalogued to June 21, numbered 141,945. Sales were active, only 43,000 bales were unsold. All descriptions faulty were Id lower and not in enquiry ; for best wools the prices were firm, and there was good neinaud at nearly March rates. Yorkshire and Canada purchasers bought largely. Manufacturers are iu better employment and higher prices, and general improvements are anticipated -

LATEST SPECIAL TELEGRAMS* From June 26th to July 13th. The Yiceroy of Egypt, on the 12th; July, at a banquet given to him in. London, stated that the successful progress of Egypt was entirely due to* England, and expressed himself as & firm ally. On the 13th July, a great demonstration war made in honour of theSultan of Turkey. He visits the Queen to-day. A grand daval review took p{ace at Spithead in nonour the Sultan. - v ' ' the Sultan. '

The quarter’s revenue, amounts to £17,750,000. Canonisation of martyrs at Rome was celebryted with great pomp. Consistory numberiug 400 Bishops, papal allocution was pronounced. Convocation of Ecumenical Council. COMMERCIAL. The expected; movement for a reduction of discount to 2 per cent, has caused a marvellous advance in pnblic securities, Consols having gone up 2ft per cent, since last month, being at present (26th June), 98f. . The stock of gold in hand (Bank of England and France) amounts to £58,000,000.

Many failures in the iron: trade are reported in Staffordshire, also among tbe members of the Stock Exchange pf London, The latter are owing to sudden rise of the funds. Business is: -also more favorable, owing to restrictions of political , and financial excitement: and restoration dence, *;i