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Poverty Bay Standard, Volume II, Issue 127, 27 January 1874, Page 2

COMMERCIAL.

London. The circular of Messrs Henry P. Hughes and Sons, woolbrokers, reports that their fourth series of wool sales consisted 0f’105,750 bales colonial. The attendance was very good throughout, but biddings were not so spirited as on former occasions, except for that which was good and in small supply. Middling and defective wool was generally put up at a very low figure, though ultimately the price obtained was sat isfactory. prices opened about equal to July-August sales, with the exception of snow white Capes, which showed a decline, but within a few days of the close of the sales there appeared some small improvement. The sales chiefly consisted of scoured and greasy sorts; fleece wool was very scarce, that of a combing character particularly so; for the latter description there was a brisk demand, and for which an advance of Id per lb. was • freely paid. Their next sales commence 27th November. They quote :—“ New Zealand : Scoured fine, 2s 2d to 2s 6d ; ditto skin, Is 4d to Is Gd ; fine clean fleeces, Is lid to 2s 3d ; extra, 2s 3d to 2s 6d; inferior, Is 3d to Is 6d ; broken, pieces and locks, Is to Is 3d ; lamb wool, Is Id to Is 7d ; unwashed fleeces, Is 2d to Is 6d.” Messi's. Helmuth Schwartze, under date November 13, report: —The high rate of money may influence the market, but the stocks being everywhere very small, firm prices are generally expected for next sales. The arrivals up to date comprise:—Sydney, 9,900 bales ; Port. Phillip, 2,964 bales ; Van Diemen’s Land, 154 bales; Adelaide, 982 bales ; Swan River, 429 bales ; New Zealand, 3,277 bales; Cape, 24,378 bales. Total: 42,084 bales. \ >New York. w Letter reports : — “The nwulsv — ; spent its force, and York are again i shape. The .re not been ■sitation took •an -Francisco but that was

3D eed ilv corrected by a current of gold setting in from London to New York to buy those bills, which had fallen in price from 4dol. 86c. ner £l, the par, to 4dol. 44c., a profit which might well draw gold. Wheat, 1.65d01. and 1.83d01. quiet. Pork, 17, dull. Cotton, 118$. Hides, dry, 24| and 25 ; green, 13, dull. Oil -Sperm, quiet, l.oOdol and L52d0l , fair demand; winter bleached, 1.68d01. and 1./odol ; whale, quiet, 58c. and 65c.; winter bleached, 69c. and 74c. Wool-Spring, fine 22c. and 34e. ; burry, 18c. and 24c.; pulled, 30c. and 45c. Fail Clips, IGc. and 26c. ; burry, loc. and 19c.”