WOOL.

Nelson Evening Mail, Volume IX, Issue 236, 5 October 1874, Page 2

WOOL.

•7f..» ; - * .. London, August 7. - faring the past fortnight, according to Messrs Ralme & Co., there has been rather less inquiry for wool, and notwithstanding good harvest. -.prospects in all quarters, the general feeling a* regards our situation is nardly so sanguine, a circumstance for which the somewhat dis ppointing results of tbe rec*E}fc Havre and Antwerp sales may perhsp» in some measure account. The Antwerp safes, of South American woolb will close to-morrow, the Bth. They opened tomewhat dull, but improved as they progressed, and have resulted in the realisation of prices abom. equal to the h ghest range oi their May auctip«s. The fourth series of Liverpool salj^jpLEast Indian and miscellaneous took place between the 21st and 29th ult, the catalogues c Baptising 27,466 bales. The sales were well a tendej and a firm tone prevailed, especially towards the close,, prices showing aa average advance of £d to id p T r pound ou May'rates for the tetter descriptions. It is expected that nearly 250,000 baits will be oflered at the nexs London colonial wool sii«B,,whicti commence on the 18th insiant The arrivals to date are 230,204 as under:— Sydney, 41,234 bales; Port rhillip, 58,299 bales; .Adelaide, 10,847 bal s; Swan liiver lists9.baisß;:Van'Diemen'B Land 7^83 baits New Zealand, 69,423 bdes; Cape, 41,459 bales. J-pinntrs, meanwhile, are toleraoly vrell employed in. the Nor tn in most cas s, but new orders are scarcely so plentiful as to invartibiy support their recently raised quotations, _nd manufacturers report a general lull iv the demand, although a revival is expected for the autumn, when the effects oi tiie harvest begin to,be felt. . American demand is not active/ YMtsgra Heugh, Balfour, and Co., of Bradford state: — " We have a quieter wool market and a little yielding in price. Demand for yarn and goods is inactive, and little business has been done at more than a fractional advance upon the prices of a month aw. The recent brisk enquiry for the Contmenthas sub-id d, and trade to the East is much restricted by .tue unfavorable advices f^inChinaaud Japan.''