The Northern Daily Times.
Liverpool, Merseyside, England, 1857-05-12 00:00:00

THE WOOL TRADE.

Throughout the last month the wool trade generally
was very quiet. This may in some measure be attributed
to the tightness which prevailed in the discount market,
but was perhaps more owing to the large quantities of all
kinds of wool advertised for sale, as well on the Continent
as in London and Liverpool. Manufacturers and staplers
complain of the difficulty of obtaining a profit at the high
!alt.9 lately ruling, and have made every endeavour to
bring about a decline in prices. These causes very much
restricted the business by private treaty, but moderate
sales of Egyptian, Oporto, Black Spanish, Mogador, Entre
Rios, and other useful classes were made at our extreme
quotations, partly for American account.
A series of public sales (the second of the present year)
commenced here on the 30th ultimo, and was brought to a
conclusion od the Bth inst. The quantity offered was about
23,000 bales, and the attendance though not as numerous
as on some former occasions was good, and included a
number of Continental buyers. These operated with
much spirit, at prices which caused some surprise to the
home trade, who seem to have expected a considerable
reduction upon late quotations. Out of the whole quantity
offered, 13,700 bales were East India descriptions, all of
which were sold, a considerable portion being taken for
the Continent and for the United States. Superior and
fine white and yellow, as also good medium qualities, met
with great competition, and the high value of our January
sales was fully maintained, one choice lot of superior
white having been knocked down at 18,id per lb. The sup-
pli of coarse and,middle whites and yellows was abundant,

and on:these classes we quote a decline of tid per lb. Grays,
blacks, and browns were in strong demand, and sold
without any reduction, For the Egyptian wools offered
there were eager buyers, the quantity being very limited,
not exceeding 230 bales ; first-class white brought. 16d per
lb ; middling to good, 120 to l4id per lb. Yellow and
locks sold at about previoas value. There were scarcely
any blacks or browns, which were much wanted, and
would have brought lame prices. Cordova sold at from
10d to 100 per lb, but ti3olat ter price was paid for. only
one lot of superior quality. Best kinds are worth 10d.
The prices offered for DonSlioy are not such as to induce
holders to sell, and nearly the whole of the fleece.offered,
was withdrawn at lid per lb. Iceland sold well, one lot
of good, commanding 13d per lb; average slips ll d to
110 per lb. All the greasy Oporto offered was with-
drawni An irregnlar assortment-of wagited skin went off
at modefate prices. For washed Lisbon wools there was
no bidding.. _Bosnia and Albania were held for extreme
rates, and remained :instill A superior parcel of washed
Angora was also withdrawn for lad, the highest offer
being 1211 per lb. About.l,soo-ba!eit of Entre Rios wools
were eff.„,red, the greater part or which were withdrawn
for rates which are quite unobtainable. The portion
cleared sold with much spirit at extreme piices, and in
advance of the tiuctations realised at the late it=;:wel:P
sales. Italian woof Were lower; what sold were of
quality out of favour at present. The better Qualities
were withdrawn for want of buyers. For an indifferent
parcel of Mohairs is Ild was offered and refused. The
Peruvian wools offered, the bulk of which were skin and
grease, did not -sell.,
On the whole,.the result of. these sales must be con-
sidered most satisfactory, the value obtained in the
majority of instances
_having exceeded the expectations
of the most sanguine. Public sales opened in London on
the 2nd of the present month; at which some 60,000 bales
Australian are to be offered. A decline of lAd per lb was
established at the commencement, and they progress
without spirit. Up to the present time the principal
buyers have been the foreign trade.
Scotch : There has been., little done by private treaty
during the month, 'but for 1,700 bees laid Cheviot
offered by auction on the Ist instant there was a very
good competition, and the whole sold at 20s to 22s per
24 lbs, which was higher than was anticipated in the
present state of the market. Laid and white Highlands
are scarce and wanted; buyers, however, are not disposed
to give the price asked for the Breadalbane clip, part of
which is for re-sale.

tnglish and Irish : The market is dtiTl,—al-WebliStifters
are only operating for immediate -Ilse, but it is known that
stocks are unusually light, and . that unless'thi mills are
closed, there must be more doing ere long. Skin wools
are offered more freely, and lower prices are accepted;
good combing wether and hog we quote 0917 and 418 10s,
but dull of sale. PERKINS & ROBINSON.

GUANO ON ISLAND 3 1N KOORIA

MOORIA BAN..

TO THE EDITOR Of THE SIPPPING AND MERCANTILE

niktarrr.
Sir,—ln a paper read by Mr. J. C. Nesbit, before the
Royal Agricultural Society of England, on the 22nd ult.,
respecting the deposits on the above•named islands, there
are some inaccuracies which we are sure that gentleman
will be hippy to find corrected.
The cargo per Colchester, which prneed of such inferior
quality, we are assured by the owner, R. L. Balton, Esq.,
of Liverpool, was not obtained from these islands, but
from an island in the Red Sea. The vessel was at that
time commanded by Captain Withers, who some two or
three weeks aco called upon us previous to sailing in the
Virginia for the Kooria Mooria Islands, and in the course
of conversation said that the cargo in question was taken
from Burnt Island, situate some thousand miles from
Kooria Mcoria.
We question very much if any of the samples analysed
by Mr. Nesbit were taken from the islands of which we
ace the lessees. Of course, as at Ichaboe, and even the
Chinchas, there will be a difference in quality, particularly
near the shore, where there will be less ammonia and
more silicia mixed with the deposits than at a greater
elevation and inore inland. During nine months of the
year. no rain falls in that neighbourhood, and in the
course of the other three thero•are only slight showers
occasionally.
But it is idle to enter into a discussion on this matter,
when, in the course of a few months, the question of
quality will be decided by the arrival of several cargoes
hetei The engagement of government to station an armed
vessel at the island, for the protection of the shippin
resorting there, and maintenance of order, his inthiced all
classes of shipowners to engage in this enterprise with
considerable spirit. A large number of vessels is already
on the way out to load there, and many more are about
to follow. Practical chemists will be engaged to proceed
out, in order to select the most valuable deposits for
shipment ; and Captain Ord also will be there to render
all the assistance in his power.
We are assured by parties not connected with Captain
Ord,'who hate visited the islands recently, that there is
amonest, the deposits a large quantity closely resembling
and second only to Peruvian in quality. Should this
information be correct, of which we have little doubt,
this discovery will prove a greater boon to both the
agricultural and Shipping interests than was at first
believed.
We are informed by the Admiralty that-TIM. screw
steam-ship Cord.lia, Commander Vernon, is under orders
to proceed to this station for the purpose of regulating
and protecting the trade, and will be despatched
immediately. OaD, HINDSON, AND HAYES.
Liverpool, May 2, 1857.

SHIPPING INTELLIGENCE

L IVE RPO

Rios WATER—Morn. 12 56

ARRI

May 12.

May 10.
Grand Both ny London
Progress . ... Antwerp
Johanna Jacoba ...... Konigsberg
Zion's Hill

:yen. 1 12—Height, 14 ft. 10 in.

VED.

Miy 1 i .
I.milia
Jnntina --
Etna (R. M:S.S.), Boutban,pton,Stc.
Princess Royal .. . B ,yo:.ne
1' lburina
.Port Talbot
Jane ...... ...... ..Pentewan

Thebes (s.s.) .
Teneriffe (s.s.) ........ Alexandria
Douro (s.s.) ............. .. Oporto
Haab:.ts Anker .Stockholm

May 9.

841L'.

Saxon .. Hamburg
Adam Carr.......... Fernando Po

Looehricie Ghent
Express..... Halifax
Geyvdn Bahry ....Constantinople

Eclipse

Vrouwatehing Exeter
Larne.....Harrington

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