PUBLIC SALE OF COLONIAL WOOL.

New Zealand Spectator and Cook's Strait Guardian, Volume VI, Issue 481, 13 March 1850, Page 3

PUBLIC SALE OF COLONIAL WOOL.

The third series of sales of colonial wool o the season commenced on the 13th ultimo, ami concluded this day, consisting of — 17,272 bales Australian 11,901 „ Port Phillip 5,770 „ South Australian 3,439 „ Van Diemen's Land 5,078 „ Cape of Good Hope 348 „ Portland Bay 52 „ New Zealand 43,860 „ 1,376 „ East Indian

It was the general expectation at the conclusion of the July series, that the prices at these sales would rule somewhat higher, principally grounded on the extremely active state of the woollen districts, and an expected support from foreign buyers. A rather unfavourable change in the north (perhaps caused by the then prevailing epidemic), caused a temporary cessation of busi ness, and disinclined many buyers from attending the early sales, and it was soon to be discovered that the prices of certain descriptions would not be maintained, particularly the middle and low qualities of.clothing wools, which unfortunately formed a large portion of the entire quantity, and for a period the sales proceeded with great langour. There was towards the conclusion an increased attendance of buyers, and although there was no material improvement in prices, still the biddings were spirited. There was much competition for stout Port Phillip and Van Diemen's Laud combing wool of good quality, for foreign account, upon which last sales' prices were fully maintained. The better qualities of clothing wool also from all the colonies were sought after, but of these there was no great quantity. Lambs wool abounded, and we think the buyers were rather favoured with this article. There was a very limited quantity of sku wool, and it sold well. We must remark some flocks of Adelaide wool were much approved, and commanded encouraging prices. It will be observed Cape wool was an important feature, and told relatively* at full prices. East Indian wool may be said to have declined a shade

s. d. s. d. Superior clothing from 1 6to 1 10 Fair and good ditto „ 1 2 „ 1 5 Inferior and burry or seedy ditto „ 010 „ 1 1 Scoured ditto „ 1 2 „ 1 10 Handwashed ditto „ 0 10 „ 1 1 Lambs , 1 0,, 1 5 Locks and pieces „ 0 7 „ 1 2 In grease „ 0 7 „ 0 11 Skin „ 0 10 „ 1 2

PRICES CBJUIENT. — AtJSTRAM 4.N.