LONDON WOOL REPORT.

Otago Daily Times, Issue 139, 26 April 1862, Page 5

LONDON WOOL REPORT.

(Front the Home News.")

Our market may bo quoted as inactive, with but few enquiries, and those chiefly for wool at last sale rates, which dealers are not disposed totaccept, notwithstanding, their wish to be quit of alljold stock prior to tbe next sales, which are announced to commence on the 28th of February. The arrivals to date are—Sydney, 3223 bales ; Port Phillip, 7170 ; Van Diemen's Land, 4C9 ; Adelaide, 5210; New Zealand, 192 ; Cape, 20,048; total,-36,312.. .Held over about ,9000'; present stock. 45.312 'bales.-.

Judging from tho dullness which pervades nearly all the woollen districts, late rates can scarcely be looked for. Continental accounts are equally unsatisfactory, and, with a combination of indifferent trade" throughout the country, a concession must be made to buyers, and wo doubt not that importers will meet tho market freely at a decline on the "average of about Id. The easy state of the money market will help prices, a3 many may, should prices rule-easy, be willing; to purchase freely in anticipation of a good spring trade. . , . The arrivals for tho May sales are expected to be very large, and without a very decided improvement in tradd before then, lower rates will then be established.