Commercial Intelligence.

Hawke's Bay Weekly Times, Volume 1, Issue 48, 2 December 1867, Page 299

Commercial Intelligence.

; COLONIAL WOOL SALES. Wb take the following from Willans, Overbury and.Co.’sPrices Current, dated 21st Sept.

The third seriea of colonial wool sales for the current year commenced on the 15th ult.; and terminated this day. The catalogues comprised 143,024 bales, —37.066 being from New Zealand. - New Zealand wools formed, in point of quantity, the leading feature of the, series. - Upon the whole the groypth this year, does not compare favorably with that of last season, many flocks being heavier, and,shorter in the staple. The culture of wool in this’colony has hot yet made such progress as to producegreat;variety. The bulk of the clip is still shipped in the: grease, and,'with' some exceptions, approximates to one type of character and quality; hence it attracts‘ the competition of a more, limited class of buyers - than the- p> oduce of Victoria; and suffers proportionately when the market is depressed). To.this circumstance, it must be attributed that; early in the sales,' these wools declined in value to ths extent ofsd or ld per lbl, and that at fro time during the series did any recovery take placel ; ltrinust,ihoa’ever, .be underßtoad that this remark.does to the few. high-bred-flocks wbifch bompdte with goodfloclufromViotoria,