LONDON WOOL REPORT.
All descriptions of -wool are in considerable request, especially good combing. The requirements of manufacturers are urgent. All old stock is eagerly bought at full prices. Many ' parcels of newly-arrived wools have sold at extreme rates. The next sales commence on Ist March, when the largest attendance of buyers ever known is expected. The consumption exceeded the supply of last year, and all old stocks were used up. Extreme ra^es are expected at coming sales, and great competition is anticipated. The Liverpool cotton market is heavy, and prices fell one farthing per lb., owing to decline in and free receipts from America. There are large exports from the United States to England, especially of cotton. The Confederate loan is heavy, at four and a half to five and a half. No business transacted. The Australian Agricultural Company's dividend is 5s per share. C. and F. Bowman, sugar refiners, London, have failed ; liabilities, £90,000. The exports for the past month to the colonies show a decline as follows :—To Melbourne, £4/7,391; to Sydney, £125,481; to Queensland, £11,457 ; to Adelaide. £65,163 ; to Tasmania, £13,329. New Zealand shows an increase of £3,622.—Aye, 13th April. I L 1
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Southland Times, Volume III, Issue 246, 25 April 1866, Page 2
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197LONDON WOOL REPORT. Southland Times, Volume III, Issue 246, 25 April 1866, Page 2
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