LATEST MARKERTS.

Nelson Evening Mail, Volume V, Issue 248, 20 October 1870, Page 4

LATEST MARKERTS.

London, September 12,—During the past two or three weeks the wool market has undergone no substantial change. Erices are low, and holders are indisposed to meet the market. The opinion is, that under the most favorable eir-

c umstances the large accumulation of wool for the November sales, an 1 the depression of trade caused by the war, must together operate to prevent any improvement in quot itions while the prolongation of hostilities would only result in further depression. South Australian wool, ls toi. 3d.; Sydney and Port Phillip quoted at from 6d. to 2s ; Tusmanian. sd. to ls. 7d.; New Zealand, od. to ls. 9d. Arrivals for October and November sales, it is known, will be unusually large. Tallow in good demand, at 3d. advance for higher and better qualities ; middling ditto commands. Large wholesale houses are speculating upon a large increase in prices, generally occasioned by the partial ce-sation of labor in France and Germany. Wheat wiil, it is expected, go much higher. New Zealand Flax. — Flax slow of sale. Lot offered by auction chiefly bought in or withdrawn. Only 400 bales sold low at £5 125. to £12. Common to fine hides, 3id. to 5-jj-d. Colonial Government Securities, dull; Queensland 108£ to 108-!, "X per cent 1.-7 to 109; New South Wales 5 per cent, five per cent 100£ to 101.