COMMERCIAL.

Waikato Times, Volume XIX, Issue 1608, 24 October 1882, Page 2

COMMERCIAL.

SYDNEY MAKKETS, Wmkato Twin Ojicc, Momhy. Wi make the following extracts from Mom and Co's Annu.il Wool and Pioduce Cm ular, dated Sjdncy, October lth:— ln again presenting our Annual Circul.n, we .ire pleased to he able to refer to the continued progress made by this colony, .it id to the fit t th.it notwithstanding the disastrous drought through which it is hoped we shall have sjon passed, the outlook foi p. is toral matters is in some districts not so unfavourable at might have been e\pe< tod tieim the long continued absent c of rain — I lie determination to secure stock of the highest po-sible character is fully evidenced by the Inqh prices recently paid at oui own and other sales of stud sheep, and the result of such purchases must be of immense advantage to the flocks of (Ins colony. Our exports of wool alone has increased in ten years from 105,415 bales in 1572-73t0~2U,. r >B3 bales in 1881-82— probably in average value per pound the improvement is (■((tidily noticeable. Annexul ue give a comparative statement showing the shipments from New South Wales, Victoria, South Australia, and Queensland for the past year; from which it will be seen, that of a total ineioase of 35,745 bales, this colony must be credited with 14,419 bales, or over 40 percent.— To some extent of course this greater export from Sidney must be attributed to the natural increase in production, but it undoubtedly arises in a more marked degree from the vigorous nnd judicious extension of our railways into the interior ol the colony during'the past few ) cars. Wool. ExroKT — 'ihe export dfewool from this colony from the Ist bcptcmbci, 1881, to the Mist August, 1882, shews an increase of 14,410 bales. Owing to the severe drought through which we arc passing it is feared the exports will this je.ir show a serious falling oft; but it is as >et too early to form any wry correct estimate of the probable deficiency. Hie shipments during September amount to 0340 bales, nearly all new wool, Siuo Shpi r —The sales held bv us_ this -jcar were the most important ever held in iijdney, both as regards, the large attendance of bujers and the high character of the sheep submitted Competition was rcmarkablj keen, and the liveliest interest was taken in the proceedings throughout the sale, which occupied the greater part of three days. Rams realised up to per head, and ewes £57 las per head, the total amount of the sale reaching £10, 51.5. 'Ihe animals sold were distributed ovet a large area, and cannot fail to add \cry much in value, p respectively, >o the flocks of these colonies.