LONDON WOOL REPORT.

Southland Times, Issue 1344, 6 December 1870, Page 2

LONDON WOOL REPORT.

Schwartze's circular is as.follpwß.: f— " Lbpdon,, .October. s.— Since the departure of the' last mail, on the. 9th ult., the JPrjuico-Prasfliarr conflict has raged unmterruptiedly,' 'aceohipanied with fearful loss'of life 00 both sides; ; The shorfci Tision of peace has vanished, and, with the pre^ Bent-ombittered -state- of the -conxbatanta'jninds, many moptha must it is feared elapse ere Europe maybe attest again. -/-The demand for fiWwools r must) under ''the * oircamstahegs, be considered comparatively good, • Transactions, which,- though not large in themselres. jet embracing, ;on the •whole, several thousand bales, have taken fllace at rates about equal to those, .Tiding, at., the close of last auctions, while. wools of low. quality, suitable for military purposes, command a good deal of inquiry. The next series of wool sales here will moat probably open onthel27fch2ns£ant. Up to-'date the arrivals are^Sydneyj37j4s7ibalfiß?' Port Phulip»,lit,29l.doJ} Adelaide, 4,41^^0,; ,^an Dieman's land, 1,391 do ; New Zealand, 30,^66 do rrSwaicßiTCrr 566-dtrr~9 a P c ? abeu*_'3€LßSo--do ; total, 116,339 balea; which^with the parcels held over from last Bales, say &MXX), and about 3240(X stall-afloat, Jrill bring the total up to about greaflyTallen off, whDe large parcels "of : Bnenos' Ayres and Australian, wool hare. , been sent over from France to swell the lists for sale in this country, one cannot but loqk.for ;Bom.ewhat sluggish competition" and' lower" prices, "^especially as the support from France-» Hkely to be very slight indeed. Whatever the issue of the Continental straggle may lie,; 'it is certiain' that" both" iFrance] and Germany must suffer greatly, and for a yevyi considerable period the effect will be felt in more • or lesa'seterity, ;:It impossible tb.at a mqmentarj^ reaction may take^place on pie termination of ibe^ war, but it will doabtless be short-lived, and sheep £urmers will do well to prepare themselves for a lengthened continuance of depressed rates. The Antwerp sales of "fia'eiios Ayres ancl "Mdnte Video ■wool' opened :on ; the 13tib. and closed on ; the; 17 th , nit. ; 9939 bales were offered, and of these 6135 found buyers. The attendance was email, competition dull, and the faiTin prices, as compared with the May auctions; may be' quoted at Id to.l^d per 4b. , Discount, 2J per cent,"