COMMERCIAL.

Poverty Bay Standard, Volume III, Issue 285, 30 June 1875, Page 2

COMMERCIAL.

U ■ < >iT Wool. —From the New Zealand Loan and Mercantile Agency Company’s circular of the 4i h May :—Pending the commencement of the third seriea of-publicjsales we? have kittle to report under -this' head/ ks trtrilsdcfibns by private contract have been only to a very ‘ limited extent. . . The probable ootiree of the market excites a considerable amount of speculation. * It would appear that the purchases made at the previous auctions were not more than sufficient to supply the current repuirements of consumers, and'ithdre ikjevery r^qson\fojExpecting a large attendance or buyers, both Home and Foreign ; and as the condition of the Trade ip France. has experienced, a decided improvement tfhiie that of the Home districts has certainly not declined, they are at ‘least good grounds fpr taking a soruewhajb hopeful view of the proSpebts for the 1 series just commencing. . . r \ ' We shall append a note of the Arrivals off the eoast up to the latest rtiinute before going to press. Should the arrivals prove Jess than has been anticipated, third series will be unduly heavy, and as t he spring months form the chief buying season ip the trade, particularly as regards France, it would be as well that the main supply should be forward when the best and largest market is available.// The Importers’ Committee have nqt yet announced a date for the conimencenient of the succeeding but should the jime* fixed show an interval somewhat longer than usual between the two largest series of the year, no doubt the effect would be favorable, as buyers would meet the market more con- ; ; j £ v s >. i>>. •

Arrivals for May-June series commencing this evening :— New South Walesand’ > <1 ]/ / > J Queensland ... 56,930 Bales. Victorialos,739 South Australia .... 3,7,430 „ Western Australia 5,466 „ Tasmania ... ../. ... 6,214 „ New Zealand ... „ Cape of Good Hdpe *...' 29,902 ~ Total 273,104 Bales.