LONDON WOOL REPORTS.—Aug.

Marlborough Press, Volume I, Issue 44, 3 November 1860, Page 2

LONDON WOOL REPORTS.— Aug.

[From the Home News .] Notwithstanding the continuance of bad weather, our sales have progressed on the average with remarkably uniformity, a circumstance confirming the healthy position of the manufacturing interests, and the generally satisfactory state of trade. Considering the jeopardy in which even yet the harvest is placed, and the probability of a high range of prices for provisions during the coining winter, coupled with every probability of dear money, it must be matter of gratulation to importers that their produce has been quitted at on the average good prices, and evidences great confidence on the part of buyers to clear wool to the extent of more than £2,2-50,000. The sales have so far progressed that 80,000 bales have passed the hammer, and although occasionally discretion has been exercised by the broker selling, yet the merchants may be said to have met the market freely. It is not expected that much alteration will take place now in quotations, but the continuous fall of rain is causing buyers to curtail extensive operations, and were it not that many manufacturers are buying who did not attend the early sales, prices might have given way about 1A(1. All the better classes of wool have met with steady competition and sold well ;■ inferior sorts, particularly the half-washed ill-bred New Zealand, which have sold at relatively low prices, being in excess of the requirements of the trade. [From Charles Jacomb and Son's Circular.'] London, August 27,1800. The various catalogues to 25th instant have Comprised 21,198 bales Australian, 22,554 bales Victoria, 9,994 bales Van Diemen’s Land, 5,104 bales Adelaide, 1,019 bales Swan River, 11,715 bales New Zealand, and 9,291 bales Cape; the total arrived in time for sale being 23,741 bales Australian, 27,511 bales Victoria, 10,527 bales Van Diemen’s Land, 4,993 bales Adelaide, 1,010 bales Swan Eiyer, 12,231 bales New Zealand, 9,609 bales Cape. From New Zealand there has been a fair quantity of stapled wools, both washed and in the grease, which have sold satisfactorily; but it is pinch to be regretted that a large bulk of the produce of these islands is of very inferior quality, very irregularly packed, half-washed and greasy fleeces being mixed in the bales, and rendering it next to impossible to form a lair opinion of real value. The grower or importer is the sufferer by this laxity. Prices op New Zealand Wool. —Superior flocks, in best condition, Is. lOd. to 2s. Id.; gverage to good in fair condition, Is. 7d. to Is. 10d.; ordinary apd ill-conditioned. Is. 4d. to Is. 7d.; lambs, good, Is. Bd. to Is. lOd.; ditto, inferior to average, Is. sd. to Is. Bd.; broken, locks, &e., 9d. to Is. 2d.; in grease, lid. to ]s. 6Jd.