LONDON WOOL REPORT.

Southland Times, Issue 902, 19 February 1868, Page 2

LONDON WOOL REPORT.

Messrs Dax&ett, Dv Cboz and Co., writing under date, London, 16th December, says : — - The public wool sal«s, of which we reported the opening last month, closed on 14th inst. The quantity that has passed the hammer is as follows : —

We regret we cannot report any improTement on the rates established at the commencement of the series. The competition, except for the few parcels of fine wools from Sydney and Victoria, has been languid, causing not only depression, but irregularity in prices. There is a larger proportion of faulty wool from the interior of Australia, and of ill-conditioned parcels from New Zealand and Tasmania, than in previous sales, which, being neglected by a large class of buyers, has had a bad effect on the general market ; as has also the heavy import from the Cape of Good Hope. The increasing production and import into Europe from South Africa and South America, as well as from the Australian Colonies, do not permit us to look for speedy recovery of prices ; and attention should be directed to the improvement of quality, and particularly to the growth of fine wool, in which the depreciation is far less than on any other description, wherever the climate and country allow of it. Assortment and condition must also receive more attention, especially in. New Zealand and Tasmania. Prime Victorian wools have been in short supply since June last, which favors the hope of a fair demand in February, when perhaps also greasy New Zealand, which have been selling very low, maj obtain a somewhat better currency. Some quantity of the latter has been held over in that expectation. The high price of food must, while it continues, have a bad effect on the home trade, and there is. still a want of confidence and of activity in the foreign trade. We can only hope that the decline which has taken place m the price may stimulate the consumption of this staple. • ♦

MAmnFAOTUEBS — Boots and 5h0ei ......... 25 peroentadvanoe ; on genuine invoice. Candles, mould, per lb. 0 0 6 0 0 7 Metals— Iron,barand:rod,perton 18 0 0 00 0 M hoop, ditto 22 0 0 ' " galvanised corrugated, ditto.. 35 0 0 40 0 0 according to gaage and maker. Hardware, ironmongery 40 to 60 per ct. adv. Nails, Ewbank's 116 0 2 0 0 American Chit Nails 115 0^ 2 0 0 Navai. Stobbb (delivered on board) — market overstocked Pitch,Englißh,perbarrel 310 0 40 0 Rosin, ditto, per 0wt. ... 2 6 0 210 0 Tar, Stockholm, per brl 3 5 0 315 0 „ coal, ditto, . 210 0 3 0 0 Coals, English, per ton None. „ A. A. Company's " ditto 210 0 0 0 0 Grey River 310 0 00 0 Gunpowder, blasting, , perlb. 0 1 6 019 Cordage, Europe, assorted, per cwt. 3 5 0 310 0 Manilla, sizes, ditto 310 0 315 0 Twine, seaming and roping, perlb 0 16 0 2 0 Canvas, per yard 016 0 2 0 Oilmen's Stokes and . GbOCEBIES. — Little demand, stocks rather ■ heavy — Candles, Price's patent sperm, 0 1 8 0 1 4 Otherbrands,fullweights 0 1 2 0 12i „ Light weights 0 0 11 0 10 Fruits, apples, dried, do. 011 0 00 0 Currants, do 0 0 5* 0 0 6 Raisins, do 00 8 0 0 9 Bottled Fruits, assorted, 016 0 018 6 Oatmeal, perlb. 0 0 3 0 0 3 Rice, Java (scarce) 114 0 116 0 " Patna, (scarce) 116 0 118 0 Hams 0 14 0 15 Bacon 0 12 0 1 3 Beef| per tierce (Melbourne cured) ......... 4 0 0 410 0 Cheese, English per lb. 0 1 4 0 15 „ Colonial, „ 0 1 0 Oil Herrmgß,intins,perdoz 116 0 20 0 Sardines, i-tins, per doz. 012 0 012 6 " i-tins, ditto 0 8 0 0 9 0 Lobsters, lb. tins per do. 13 0 014 6 Salmon, ditto 017 6 118 6 Matches, per gross (250) Bell and Black's 1 16 0 1 18 0 Blacking, tins, per dozen 0 3 6 0 4 0 ; Pickleß, quarts, per doz. 10 0 00 0 « pints, ditto 015 0 016 0 Salad Oil, pints, ditto 015 0 10 0 « i-pints, ditto... 0 9 0 010 0 Sauceß, assorted, it-pints per doz. Oil 6 012 6 Lea and Perrins Sauces, . i pints per doz. 016 0 016 0 Salt, Liverpool, coarse or dairy, per ton 510 0 610 0 " fine, ditto 610 0 7 0 0 Soap, Melbourne owt... 2 0 0 2 5 0 " Hobson's Bay 210 0 210 0 " Liverpool 2 5 0 2 8 0 Paints, Ons, &c — White Lead, per ton... 40 0 0 45 0 0 Linseed Oil, per gallon 0 6 6 Turps, ditto . 012 0 0 o 0 Whiting, per cwt ...„. 010 0 011 0 Spibits (in- bond) — large stock on hand — Brandy, MartelTs pale, pergalion 0 8 0 0 8 0 „ fleimessy's 0 8 0 0 8 6 „ Champagne Vine yard, gal ........... 0 7 9 0 8 0 „ Martell's pale ... 1 9 0 110 0 „ Hennessy'ap.do. 111 0 112 0 „ Incase, M.H.W.V. andOtards 1 10 0 Rum, 10— 120.p., pergalion 0 4 0 0 6 0 * 6 Supplied. Geneva, JDKZ, or Key, per case 013 6 0 0 0 Stock heavy Whisky, Scotch, bulk, pergallon 0 5 6 a 6 6 Whisky, Case 012 0 012 6 SUGAR (duty paid)— Loaf, perlb 00 8 0 080 Crushed Lump, ditto... 0 0 7/ 0 0 0 Company's Crystalsper ton 67 0 0 58 0 i Pieces, No. 1, ditto 55 0 0 56 0 9 No. 2, ditto 53 0 0 54 0 0 Mauritius Crystals, ditto 46 0 0 63 0 0

The following are the Invercargill Prices Curr nt :— £ b. d. £ a, d. xb — Beeb (duty paid) Ale, Basß* No.,4perhhd. (new brew) 10 10 1110 „ AHsopp's No. 3, do. (new brew) none 10 0 10 10 „ Marshall & Copeland'a 7 10 810 „ Tennents' Bottled 13 0 13 6 „ Byass' bottled, qts., per dozen 013 0 014 0 AJkopp's ditto, do. 012 6 013 0 „ Jeffrey'sEdin., stone bottles, ditto 0 0 0 0 0 0 Pobtbh — Byass' (green label) Stout... 012 6 013 0 „ Bottled, qts., per doz., Blood's 012 0 013 0 „ Byasa' 012 0 013 0 Flottb— Adelaide 25 0 0 0 0 0 Provincial 2o 0 0 0 0 0 Oats, per bu5he1......... 0 2 9 03 0 Bran, ditto 0 19 0 2 0 Maize, ditto 0 6 0 0 6 6 Potatoes, per ton, 610 0 710 0 Bricks, per 1000 20 0 30 0 Fits, native, prepared... 2J& 0 0 35 0 0

N. S. Wales and Queensland... 21,983 Victorian... ... ... 20,056 Tasmanian ... ... 1901 South Australian ... ... 3328 Swan River ... ... 115 New Zealand ... ... 14,118 South African ... ... 45,635 Making a total of ... 107,136 ba1e