COMMERCIAL.
Th« Wool Sale 3. Messrs Jacomb, Son, sad Co. report ia the Home. Ntwt t under date Oct. 1 : — The third series of public fa'cs of colonial wools, which opened on the )Btb August, has close 1 to-day. There has been throughout, a a very Urge attendance of the home trade, who, being bare of stock defore the commencement of the tales, have operated freely. Continental customers were apathetic at first, but hare since made more extensive purchases at higher prices, taking all together a little more than a third of the quantity told, borne three or four thousand bales have been taken for America. During the course of the sales there have been pretty considerable fluctuations in prices; tending upwards for the first week or ten days, downwards for a similar period succeeding, and thence upwards till very nearly at the dote. All good scoured wool* hare sold briskly throughout at an advance of Id to ljd, and soaetimea more, on la»t sale's price; good fine N SW. and Queensland parcels selling at very high rates towards the close. Middle and faulty scoured drooped in price about the middle of the sale?. All washed fleece wools have about averaged theifc«f rates of May-June with an occasional advance of to id. New England and other thick stapled N.S.W. fleece were easier to buy after the second week of the safes. -Merino wools in grease have not much exceeded May-Jane prices. All coarse and half-bred parcels, washed and unwashed, have , improved Id to 2d per lb on the depressed i qariehsy, of the previous sale.), and lamb's wool hive realised a similar improvement. A sudden demand for black wools for fancy un<iyed fabrics ha* resulted in extraordinary price* for the trifling quantity offered, as much ao 2s 7|d being paid for scoured, 2* lid lor washed, and Is lid for greasy. The bulk of the New Zealand clip has figured in this aerie*— mtny of the q< oidam prime bet wa'er washed fljeks show this season great falling off in growth and condition, which will account ior the altered value of come There is a great increase in the proportion of Lincoln and other eoarsb crosses; many parcels of the?e still run very uneven and irreguar. Cup? and Natal scaure i sold ia the tsrlitst sales at nbout IJd advance, and fleeces Id, but subsequently ruled a trifle cheaper. Enming public sales sre fixed to c immcnce on Tuesday, 17»h November. The whole quantity availub c fur the stries jast closed has passed the hammer and about 17,000 bales more, consisting of old stock and wools twice catalogued. The concluding sales or the year will comprise probably something less than 100,000 bates including everything.
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Bibliographic details
Nelson Evening Mail, Volume IX, Issue 283, 30 November 1874, Page 2
Word Count
454COMMERCIAL. Nelson Evening Mail, Volume IX, Issue 283, 30 November 1874, Page 2
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