SYDNEY MARKETS.

Waikato Times, Volume XXIV, Issue 1978, 12 March 1885, Page 2

SYDNEY MARKETS.

Mf>Mi-> Moitr vm> Co. report, under dato Syd.iuy, Febmuy 23 :—Wool.—One of the nio-tt disappointing wool seasons on record is now closing, without wo regret to say, any indication of a better state of things m tlv lininodiato future. Advices from London ha\o been constantly on a descending sc.ile, .md o»ir maiket has of course Butfeicd in sympathy, although, taking the sunoundings into consideration, the dem md has been rcmaikably uctive. From England we hear that the depaitment of the wool trade which has evidenced the gieiteist activity is the manufacture of English .uid kindred wools winch has its headquarters m Bradford. This will account tin the comparatively high le\el of good ci i-^bieds, while the very low prices Zi ineiino woods may bo chiefly .ittubuted to tL>i! e\ti ernes deuressiou of Continent il, and notably of French, trade. The importations into Great Butain from Australasia .inn the Capo during the year 1884 Amounted to 1,2(>7,r>3 bales, against 1,177,703 bales in 1883, ,\n increase which is no doubt partly accounted for by earlier delivery of the new clip owing to greater facilities of transit. The total shipments from New South Wales fioin Ist July, 18S4. to 31st January. 1885, amount to 225,130 bales, against 23(5,771 bales during tlio corresponding period of ISfU 1. Tlio decrease is so far less than might h i\e been anticipated after so severe adiought. -\VHt\r . Dining the month we h.ivi> done a Luge business, at from3s 9d to 3s lO'.d f<>r New South Wales parcels ; infeiior fi oin 3s Id to 3d 7d per bushel.— Ovm. The market is e.wier, best worth from 2s 5d to 2s Bd, medium 2s to 2s 4d per inishaL— Bnv\ : lOdtolOid per bushel.— Pollard : 12^d to 13Jd. per bushel.