COMMERCIAL.

Waikato Times, Volume XXVII, Issue 2199, 12 August 1886, Page 2

COMMERCIAL.

lVtid'ito «'' m > >fi 'i Wednesday. Tlfl' \t ->''!i M ' >N »M)()L MHIKEC Mfs^kh< Joi.i>-i- >i.»>i '.u vnd Co., report under date. U -1b- u.n •, July 2ti. — Wool.— Tho qii.mtiK .■!! ■! • 1 tor sale # oinco our last Mini .i u \ I 1I 11 -' *'• en \oiy limited, owiny, in a 1. I',,- ni'l-.iue, to tho restricted opeiations ot i'i> ': 'imrvv fellmongevs, who, as a rule, ooutu'uiU a large proportion of the oileiinqs during the winter months. Although the aim ah were insignificant, the iimu.iHv iiiDiilhlv auctions were held, and about 10J b iU-- changed hands at very satisfactory prices considering tho character and conditions <>t tho ottering-*, many of the lots being mixed m <jiuiliby and inditferently prepared. l"i "i hnary to average scoured, in small parcels tho prices realised luuged tiojii jl> t• i .J'.u |vi lb., and from 5d to 8d ftu liiKihu t.» medium giea&y. Tho demand i> \-'i y lui^k, and all wel^ got up lots imu li.> , m i iv pi ic>'d at good price*.. We loam by cibl >,iam that the thud or tlune-.Juiv -I'M,' .». liiniii.a Colonial Wool Salosolo., .1 !..-..'> . . tli,- l7tU inst. Up to the la t tli ii "Mi station of tho trade competed \ i;,' 'i'>u.. \ toi all wools suited to their reqnmMii. •,)(•> :" and, although the home buyois lulu aloni tt Iho btait, they were, itfttinttelv cumijv.H'ml to come-in and assist in maintiin.ii>_r t,:." u hano) established by then Conn,.' u 1 i. n. iln which may be roughly o«tn,< i' 1 .t tiom Into L' 3 per cent, on all menno .ml enabled dot.ciiptious. As compared with tlw closing rates of last series gie« v meimi-s show an all-round advance "t J 1, w i-'-ed from 2d to 3d, ami scoured fully '•! i>ei lb. Fine crossbred, both u fl'iod m I su >ntvd, have adva-iC-'d about l.d, a-id th" curv.- grades about Id Ureasy ci(K^i»M d i.iaib, li i\e also unproved Id per lb. T!u> tot ,1 miautity .sold amounts to 350,000 li i!» -. 10 ,000 bales going to tho Continent, 1.0).) I' '.^ to Vmerica, and the remainder to Yo'k.htre. About 7000 bales, or '2 pei font., were withdrawn during tlie (.•muMit.y of the sales, the bulk of Winch, howi-v fi-.'wa-. subsequently sold. Our Kiu'lisl) advic- by the recent mail, dated- two days att r tho opening of the series, are \oiy sat istactory. They report a general lmpiovL-uKi.t. m the woollen trade, more especially on the Contenient, wheie sfroiig excUeni.Mit pievails, as also in America. T.i'o n .ilto^-t-hor the prospec^t foi tho futiiM u a "-t loxssnrinEf, and wo .shall not b^ -in •.) i- d to hear of tho next" Hales opi'iim 7 In'!.., than the last series closed. Th lot il w i ol shipments from Australasia [-• tl.o yea- ending tho 30th June show .in mhu.iv of .51, Lu'l bales.

VI -.IKU I \N 1,1. MX MVUKKTS. > Tho Sydn v M"i.iiiic lle.ra.ld estimates that "Yew S. nth \V i< - will require 89,500 tons o£ vvl)i\it\ (,'m - n-1 uul "JO.OOO tons and Ta.sm.ini.i, VuO ti v between this and the endof tho yen-. , ml th it this will absorb 17,.~)00 tons if I i' 1 m.-sent surplu-es of South An^ti .>' i.i .ui'l Vutoii.i. The colonies will tbiw ha ..lilufl to obtain 08,000 tons from abroad. Nt vi aland has already over expoiteil ' How t.ir the statement that Now Zi il.uk! !i in o\cr exported may botnio we cammf >.iv ; but it is becoming apparent., rM'ii n 1 till-, district, that there is little ntoi i' ti.iki th.in will be required to keep 11k- ni'lls going until next harvest. Kumi h'luedin, is we mentioned on Si.-udiy, there are anxious inquiries for wheat, .md it will, we think, shortly be found L!i >l Canterbury has little remaining foi c vpm t. What wo .are at present most hit' it -A i d in i^ tho condition and pjttspncts of tlic Austialian markets. _If the c^tinntc ol tho Sydney Morning Herald he collect, tho Vustvalian colonies will roqnin % fu huji, nt .'>,li")0,000 bu?hols of ■whe.it. W r hciH' Lin laif^e amount of wheat, or it-. ('|in\i'ent in flour, ie to be drawn it i- ilillvull to *\y. One thing is clear: C.ihi"i <>> » t .i.not supply tho whole of tho quantitj .'t fir- pi ico already agreed upon for hhip.nenl^ to hand or on passage. The total oidfi> .i;'V)L-(i to be supplied are 4000 tons, and e\ "ii for the carriage of this amount some difhculty has been experienced in wtixivj; vessels, and for any further freights J.i luicher r-ite will have to I be paid. Latent, ie ( >orls from San Francisco show tli.it wheat there is worth about os lid a bi-shri, and it is impossible that with whe r, at tins jirice and a demand foi 1 lusher freights. California can continue -upjihe-. .it anything like the same rate-,. So rir -i- is known, in addition to the Highkn I hi'^'lit, which has already arrived, the m'vijN .inder charter at San IVaneisn) foi Syd'ie" <uv the Nightinßale, Jtosie Welt, J-'i' ty Ufoss nnd Sussex. The two latter aie I" !">,e this month. The mail ste.niiHi - \.ill a' " biiiu large consigninentM, but if th ■ ite of the, Sydney IVlornincf l[ei dd lie mci jefc a great many jnore vessels \> ill !i,> n j-iired, and the greater the nuni'it! ti" iu'jher will be _ tho cdargH fin fin 'lit !i -\ pig this f.ictin wcw, we may fail Iv < >nr n ' • Ci it shipments^ to come to hand '..'I wi h ivo any decreasing effect opon tii "v> 'i iv>-\ i.iuket, and it may fairly be e.iii'l • 1 1 ''.•(■ theie is not the remotest eh in •"f % "v Zealand being invaded bv (' ilit"i u i" If there be a shortness of \\in< il im this colony we may therefore fan I 1I 1 ' mclvd 1 that before long there will ho a tn-tli- 3 ! ri>e in the price in the X&W Zealand may '.^oK — Exchange.