THE WOOL SALES.

Waikato Times, Volume XII, Issue 10, 24 December 1878, Page 2

THE WOOL SALES.

LONDON, December 18. The wool sales have concluded. There was a slight recovery m prices toward the close of the sales. The comparative decline was from 7 to 17 per cent, compared with September rates. The fall was strongest m Sydney and Cape fleece, cross-breds, and scoured. One hundred and sixty-four bales of Australian and New Zealand were catalogued. 35,000 bales were withdrawn or unoffered, and 85,000 bales were exported. 4,000 bales of the new clip sold favorably. Trade generally is seriously depressed. In the mining and manufacturing" districts much distress prevails through this cause. LONDON, Dec. 20. There has been an agitation by the students m St. Peterburgh m consequence of the change of classes. The military were called out. and dispersed the crowd. Many arrests were made, and vigorous measures adopted. BOMBAY, Dec. 21. General Brown reports the flight of the Ameer is still current. It is stated that he left Yankoob Khan m power. LONDOIN, December 21. The marriage of the Duke of Cumberland to Princess Thyra was celebrated to-day, LONDON, Dec. 21. The Committee of the London Stock Exchange have expelled four members, and suspended two others, for unfair dealings m bank shares. To-night official despatches, just received, fully confirms the statement of the flight of the Ameer into Turkestan, leaving Ins son, Yakoob Khan, m power. Numerous meetings are being held throughout the country regarding the prevailing distress, which is increasing rapidly, especially m large towns. It is alleged that, m the Norih, the distress is equal to the cotton famine. The money market is tight. Discount rates m open market are stiffening. A. large amount^ of foreign gold has been received into the bank. Depressed Australian securities continue.