COMMERCIAL.

New Zealand Times, Volume XXIX, Issue 4166, 28 July 1874, Page 2

COMMERCIAL.

THE ANGLO-NEW ZEALAND MARKETS. (From the European Mail, June 2. AVool. —There was a very fair attendance of both Home and Continental buyers at the wool salerooms (June 1), when Messrs. J. T. Simes and Co. offered no less than 7414 bales, comprising 345 bales Sydney, ISG9 Port Philip, 1947 New Zealand, 205 Tasmanian, 433 Adelaide, CSS Swan River, and 1427 Capo and Natal. The biddings, however, were devoid of animation; indeed, several of the lots were knocked down at the very first ofi'er, while many others were sold at, low figures. Appended are tho prices realised for several of the lots offered: —Ex Queen Bee, from Napier: 10 bales in grease, cross-bred hoggets, mark a horse. Is. Old.; 11 in grease, cross-bred wethers, Is.; 7 bales cross-bred, mark Tin diamond, la. SJd.; 9, Is. 9d.: 9, Is. Sd.; IG. Is. Sid.; 9. Is. G.Jd.; HI, la. Od.; 2 bales cross-bred mixed, Is. 51d.; 3 Leicester, Is. 71d.; 3 cross-bred, Is. Sd.; 7 cross-bred broken, Is. Gjd.; 23, Is. sd. Ex Hope, from AVellington: 22 bales, mark B, Is. Id. ; 77 in grease, Is. IJd. ; 46, Is. Id. ; 13 bales part black, Is.; 13 mixed, lid.; G bates scoured, mark B over scoured, Is. lOd. ; 2, Is. Bid, ; 25 bales hoggets in grease, mark Tamnmu, Is. 2d.; 12 wethers in grease. Is. 2d.: 5, Is, 2d.; 2 greasy pieces, 71d.; 30 greasy cross-bred, mark C, Is. 3jd.: 2 greasy menno, Is. lAd. Ex St. Leonards, from Lyttelton : 10 bales crossdnred in grease, mark DXN, Is. Id.; 48, Is’. Ojd.; 2G, Is.; 20, mark LH over Higgins, Is. 2d.; IS, one bale part cross-bred, Is. Id.; 7 pieces and licks, 7*d. Ex Electra, from AVellington: 24 bales cross-bred, very light grease, mark PC, Is. fid.; 14, Is. 4£d.; 2, Is. 3id.: fi merino in grease, Is. 24d.; 6 scoured pieces, cross-bred. Is. 3.Jd.; 7 cross-bred hoggets, mark JG, Is. 7d.; 15 cross-bred ewes and wethers, Is. 7d.; 8, Is. od.; 2 greasy cross-bred, mark E in circle, Is. Ex Cardigan Castle, from Lyttelton : 19 bales in grease, mark G over RA\ r , Is. lsd.; 10, Is.’2d.; 4 pieces and locks, 9d. Ex Meropo, from Canterbury : 10 bales scoured pieces, mark DXN over RB, Is. l)Jd. Messrs. Jacomb, Son and Co. state that the second scries of public sales of Colonial wool for this year is still in progress, and will probably last to June 17. Under the influence of increased Continental competition, the tone of the market has improved during the past week or two. More than two-thirds of the quantity has now passed the hammer. About 10,000 bales have been bought in, or withdrawn at auction; but a large portion thereof have been otherwise placed. All good combing wools, washed and in grease, have improved in value Id. to lid. per lb. since tho open-ing-superior descriptions have especially improved as their proportionate supply, in the present and future, becomes less. Clothing parcels do not show so much improvement. Middle and faulty New South AVales and Queensland fleece (being mostly inferior to last year’s clip) are heavy of sate at little improvement on the opening rates of these sales. Lambs’ wool, and coarse and half-bred fleece, improved towards the middle of the month, but are now duller of sale again, as are all rough wools dependent on Bradford custom. Tho New Zealand wools offered arc mostly in heavier condition than those of last year. Capes sell with spirit, having in most instances improved in value since the commencement. New Zealand Hemp. —The market is in a most depressed condition for all descriptions, the demand being of the most restricted character. At the last auctions of 950 bales New Zealand brought forward, only about one-half sold at easier rates ; ordinary short at £IG ; middling, £lB 10s, to £2O 5s ; good dressed. £22 to £24; tow, £0 10s. to£l2 per ton. The following are a few' of tho marks disposed of;—Ex Celestial Queen, GO bales sound, D and S over KK, at £2O 55.; ex Sam Mendel, 10 bales sound, DL, £18: 20 bales, £l9; ex Halcione, 10 bales sound, Logan and Nicholson, £23; OS bales, £24 ; 44 bales, E and S, £24 ; ex AVild Duck, 12 bales, Ashley and George, £IG 10s.; ex Excelsior, 13 bales tow. sound and damaged, CR and Co., £10.; ex Jessie Headman, 14 bates tow. R and Co., in dia.. £l2 10a.; and 125 bales, sound and damaged, various marks and vessels, £9 10s. per ton. Ear Shells.—Of G 3 cases New Zealand, 25 cases medium sold at 3}d. to 3Ad. per dozen. Gum Kauri.— s2o cases sold slowly, and the bulk was bought in ; fair to good sorts at 425. to 505., only 70 cases being sold ; ordinary small dusty, 155.; chips, 235, to 2Gs.; middling scraped sort, 385.; lino pate ditto, 615.; selected, £5 to £G 12s. Cd. BY TELEGRAPH, AUCKLAND. Mr. Alexander Saunders reports:—Buyers: National Insurance, 295. ; Caledonian, 1955. ; Crown Prince, 295.; City of York, 10s. Gd. ; Exchange, 21s. Sellers; South British, 525. ; AVhau, 41s.