THE LONDON WOOL SALE.

Manawatu Times, Volume III, Issue 104, 3 January 1880, Page 2

THE LONDON WOOL SALE.

!:!!'f f = * 'Messrs. Jacortib, Son, and Co., of Moor-, gate street, London, report, under dato 22nd, that there has been a brisk enquiry for ■niobl latterly /in tfre, Lorjdon Marketj about 3,000 bales of old stock having been disposed of ,at «ni advance on late auction rates. IConstdeib-bfe purchases of English vool have been for America, at an adyanue of Id. J per lb-on-previous rates, and other coarse wools have been 'titkeii at adva.n.:ed ratefqr the same destination. Alt)>ough a mure cheerful tone is observable in the London iMarket, which Hooks --well for a .deiu-anco oiv.the .sojali quantity available for public. is^lein hThe.dfoiirtib,; .a^id iast series of public sales wer» t-> commence on the I.Bth of that month, and there ia every probability t.hat a clearanc-e will be pffactf d.;. Should the first auol.ions next year not begin earlier than they did this (IBlh February), the supply on hand is very small, Qonsideringithe improvement in the trade. The:'pld stock in hands f<u i the November sales'J was abaut" 34;600 bules; uri'ivals, 69,508 ba\e? ; total 10-I-,IOS bales, of which 16,111'are from New JSealanfl.' l?heveba,ve been catalpgueil iii the three series of sales already cbmpleted'this year 894,062 biilen, of which 180,880 were from New Zealand, .which Vhu3 stands second on the li»t of wool exporting Colonies, Victoria bending the^list with' 289,519 bales, -while New South Wales'and i Q,ueen?latid are set down . a.t 176,833 baies altogether. As compared with the three corresponding aeriea of la^t y*ar,f:thi3 shoy^s atvim^'ease of 4,1,095 bales ~ofi4.fieJVotaiqaaiVitißf v and.-.01.^10,524 bales for New Zealand.