36 
about 4,000,000 pounds in excess of those of same period in 1866. The in- 
crease, however, is considerably larger if Australian and Cape wools alone are 
taken; but this is counterbalanced to some extent by a falling off in Kast 
Indian and wools from European ports. The total for eleven months amounts 
to 213,385,609. 
The exports have been much larger than in the previous year, especially as 
regards colonial wools, of which to Belgium alone nearly 8,500,000 pounds, and 
to France, Germany, and other countries, about 11,000,000 pounds more than in 
1866, have been sent. In foreign there is also an increase of about 3,500,000 
pounds, while the only decrease is in domestic wools to France, which has taken 
2,000,000 pounds less than in the preceding year. ‘The total export of wool 
shows an increase of upwards of 22,000,000 pounds over 1866. Total exports 
of wool, 90,262,097. 
With regard to the quantity of wool left for home consumption, it appears 
that, deducting the increase of 4,000,000 pounds in the imports from the 
22,000,000 pounds of exports, there are 18,000,000 pounds less than in the 
previous year; and assuming that the domestic clip (estimated at 152,000,000 
pounds) has undergone no material alteration, this would in some measure account 
for the fact that, notwithstanding the limited demand experienced for nearly 
eighteen months, stock, with perhaps one or two exceptions, have accumulated 
to much less extent than might be supposed. 
Although the exports of woollen yarns and manufactures show considerable 
increase, a declared value exhibits a decline, the figures standing $120,253,210 
for the first eleven months of 1867, against $120,531,835 for corresponding 
period of 1866, the falling off being consequent upon the depreciation of prices. 
Australian and Cape of Good Hope wools have, as stated, arrived in greatly 
increased quantities, and have been brought forward in London at the quarterly’ 
public sales, (including withdrawals of former sales,) viz., 547,119 bales, inelud- 
ing 130,963 bales Capes. About 240,000 bales were taken for export, chiefly 
to France and Belgium; prices have ruled lower at each succeeding series, but 
the decline has been most severely felt on faulty and inferior descriptions. 
From Spain and Portugal, as in former years, only greasy and black wools 
were received, for which the demand has not been very active. 
The imports of River Plate wools are somewhat less than in 1866, but equal 
to those of the three preceding years. Fine-washed, as well as greasy River 
Plate wools, are gaining favor more and more with British manufacturers, and 
the demand has been fair throughout the year. 
The arrivals of alpaca bave been less than in the previous year, and the 
principal sales were made in June, at other times the demand having been 
languid; and prices have suffered a great reduction since the Ist of January, 
1867, when the highest quotation was 84 cts. per pound, while recent sales have 
been made at 52 cts. per pound. Sheep’s wool from the west coast of South 
America arrived in inereased quantities, and the stocks on hand have consid- 
erably increased, while prices have suffered a serious decline. Lima and Chili 
have been in fair request, and the reduction in value less marked. 
A material falling off in the receipt of East India and Persian. The amounts 
offered at the quarterly sales of the year (including parcels withdrawn from 
former sales) reached only 68,893 bales, against 79,414 in 1866. ‘These wools 
have participated in the general decline. Persian wools have been chiefly of 
the bastard kind, but little true-bred wool having come forward during the year, 
and even the former has been of low character. The quantity of unwashed 
East India has considerably declined. 
Donskoi (Russia) wools have until recently maintained higher prices than they 
otherwise would by reason of the demand for shipment to this country, but late 
sales in London show a serious decline. 
