COMMERCIAL.

New Zealand Times, Volume XXIX, Issue 4252, 5 November 1874, Page 2

COMMERCIAL.

DUMPING OF WOOL, The following relative to the dumping of wool Is taken from Mort and C'o/b monthly circular, September 25: With the return of another wool season the question of dumping or not dumping wool for shipment again crops up. The matter has been well ventilated, both in England and in the Colonies, and it seems to be beyond all doubt that a large number of bales of Australian wool reach their destination in England in a badly broken and altogether unsatisfactory state, owing either to want of strength in the packs, or to over-pressure at the pressing sheds, or to both these causes combined. Whatever the cause producing this unsatisfactory result, it is evident that the only sure way to avoid the evils complained of is to have the wool shipped unpressed, and although this will entail an increased freight, the extra charge will probably be more than compensated for by the improved condition in which the wool will reach the final market. Arrangements have been made in Melbourne for dumping each bale singly for the future, a plan which might be adopted here with advantage, as with a fair length of band and ordinary good treatment in the process of shipping and discharging a great deal of the injury to the packages now eomplalned of would then be obviated. In view of this we shall be glad if our friends who contemplate shipping their wools this season will promptly advise us as to whether they wish it shipped pressed or impressed, in order that we may make the necessary arrangements for freight. While on this subject we desire to call attention, as we have repeatedly done on former occasions, to the advisability of branding and numbering the woolpacks on one end, as well, as on the side, as in case of the obliteration of one brand the identification of the bale is still secured, and the numbering on the end also facilitates reference. In case of dispute at time of sale or otherwise, BY TE LHO HA I*ll. AUCKLAND Wednesday. Mr. Alexander Saunders reports;-~BuyerH—Beach, 10s.; Bay of Islands Coal, 180 s. Sellers: Bank of New Zealand, 807 s. Od. ; National Bank, 705.; Caledonians, Tokatea, On. od.; Cure, 10s.; South British, 615.; Bright Smile, 605.: Albumin, 225.