Cwtetral

Colonist, Volume III, Issue 269, 18 May 1860, Page 2

Cwtetral

LONDON WOOL REPORT.—March 17. 1860. The first sales of the present year commenced on the Ist of March, the arrivals consisting of 4321 bales Sydney; 7083 bales Port Phillip; 55 bales Van Dieman's Land; 1705 bales Adelaide'; 1287 bales New Zealand; 42 bales Swan River; 11,604 bales Capetotal 26,094 bales. The opening sale was attended by an average of both home nnd foreign buyers, the former being spirited operators at the closing rates of November, while the latter scarcely made a bid. As the sales progressed, and immediate wants were supplied, a slight declension in the price of all descriptions, scoured and Port Phillip excepted, was noticeable; but the catalogues after the first few days, comprising a good selection of the new clip from Port Phillip, caused French buyers to operate in these descriptions for two or three nights at long prices, fair to good combing ranging from 2s. 4d. to 2s. Bd. This competition soon ceased, and the operations for continental account came almost to a standstill, giving our home buyers a fa^r chance of supplyingkrynediate requirements in full stapled wools. MESSRS. JAS. MORRISON & CO.'S CIRCULAR. There is still much uncertainty as to the course of political events, raider the influence of which o /dl . markets do not exhibit the buoyancy which the -state of trade in other .respects would justify. User mos t kind of goods there is a sound ste&diy demar 1( j c country being in a prosperous condition;: Wj buyers satisfy themselves with making provisions f or rea i anc [ immediate wants; uncertainty for thej %r tture putting a salutary check upon speculation,. Ti' i 6 commercial treaty with France, if ratified (aa Eft<3' ou ht it \yjll \ K \ will give a stimulous to tirade in ear 0 f time • but it is so difficult to estimate its rees 7 t ts_ that there appears to be little disposition ia &r jy q Uai ter to anticipate them. Weol.—The first series ofsg'j ea f or the year commenced on the Ist and will continue till the 16th inst. There waa at tho opening and continues to be a lar^e attendance of both home an'j. foreign buyers; but the foreigners do not bid with muc h spirit, probably because nobody knows whf .t is going to happen. We remarked in our last eire , Ll l a r that a further rise, although not impossible, was not to be reckoned upon, for wool had attained suc h a high level of price, that any disturbing influence must cause a fall. Thafr is precisely the view which the buyers seems to take now; consequent)- y, notwithstanding the healthy state of business i'xi"the manufacturing districts, there is no advance ou. the prices of December. The quan- . tity of wool offf ji e d is 4,800 bale- s> Sydney. 1'>,400 ~. Victorian. ; 4,700 ~ South Australian. 1,300 „ New Zealand. • 12,300 „ Cape. j _ 33,000 ~ against 32,500 at the corresponding se- .< ries. last year. Although this quantity is small, the biddings, are not eager, buyers looking forward to* the ; large supplies which will be here in May. Our quotations remain nearly as in December,. \ namely for good clesn fleace : — Sydney, 2s 2d to 2s 7d ; superior, 2s 8d to 2s lOd, Victorian, 2s Id to 2s 7d; extra quality, fleecesandi ;;j lambs, 33 to 3s 7£d. ,:j South Australian, Is M to 2s sd. .'i New Zealand, la lid to 2s 3d. , 'Tallow is in fair request. Present quotations fwAus- '; j tialianbeef, CBs 6c1.; mutton, 59s to 60s. Present1: stock of Australian, almost none, only some 12 casks, j Hides.—Thsre has been a good demand for all dc- •• Bcriptions during the past month, and prices have ad- : vanced since our last. Present quotations 4d£. to 6f ■ Present stock of Australian 10,000 hides. Sheepskins.—There was a publio sale on the 16th tilt., comprising 71,61>0 skins. Prices; for fine longwools. 40s to 48s per dozen; prices for medium; wools, 31s to 38s per dozen. New Zealand Flax.—A parcel, of 10 "bales 15 bundles, ex Lochnagar, and 24 baies,% bundles ex Isabella Hamilton, were taken in'at jg!B 10s. per ton- ; ; Other flax ranges from £30 to £66* Bakk.—None on hand. Prices :aominally the came as last month. Hops.—Sussex£3-3s. to £.445.; Kent £4 4s.to £7 Ss.; I: Yearlings £2 ss. to £3 ; BavaEiau .(duty 455.) £& 10s.. V to £7 10. —_ British Exports to New Zealand, 1852—£633,576. ; '