LONDON WOOL SALES.

Dominion, Volume 2, Issue 453, 11 March 1909, Page 8

LONDON WOOL SALES.

FIVE PER CENT. ADVANCE. (Dt TSLKURAI'H—VItKSS ASSOCIATION—COPYWOnT.) London, March 9. The wool sales opened briskly at about a 5 per cent, advance FURTHER DETAILS. (Rco. March 10, I(MS p.m.) London, March 10. At the wool sales 9289 bales were offered. Thero was a capital selection of crossbreds and a miscellaneous lot of ineriuos. Thero was a crowded attendance from all centres, including many Americans. Merinos showed an all-round advanco ot o per cent, on closing rates at the February sales. Best merinos were unchanged. lopmaking sorts advanced 5- per cent. Everybody was bidding.

Dalgety and Company, Limited, Wellington, ] have received the following cable message Horn i their-London office, dated March 9:- Ihe wool . sales have opened. There is a large attendance j of buyers, and competition is animated; selection fair. Greasy merinos and greasy cross- : breds have advanced five per cent, as coin-. , pared with the closing rates of January series, i Scoured merinos: A change if any is in sellers ; favour. Extra super greasy raermo wools Have - not been offered for sale yet." . Messrs. Levin and Co., Ltd.', have received the following cable from their London agents, dated London, March March wool sales have opened-; Merinos and crossbreds generally opened at an advance of 5 per cent, on last sales' closing rates. American buyers are operating freely." Messrs. Abraham and Williams, Ltd., have received the following London cable, under date March 10':—The sales have, opened with strojg competition and a large attendance ot buyers. There is a good demand with heavy buyine from all branches of the trade, and prospects are brighter. Prices are higher by a id. to id. per lb. Messrs. Murray, Roberts and Co. have received the following cablegram from their London agents, Messrs. Sanderson, Murray, and Co., dated March 9:—The sales have opened with a large attendance of buyers, and brisk competition. Compared with the closing rates of last sales, merino shows 5 per cent, advance, and crossbred par to 5 per cent, advance, inferior descriptions of crossbred showing tho greatest advance. l - , AUSTRALIAN PRODUCE MARKETS. (by telegeaph—jress association—copyright.) ' Sydney, March 10. Wheat, is. sd. Flour, .£lO ss. Oats, white, 2s. Gd. to 2s. 7d.; Algerian, 2s. id. to 2s. Gd. Barley, Cape, 2s. 9d. to 3s. Maize, is. Gd. Bran, £i 10s. Pollard, £b. Potatoes, Tasmanian redskins; £5 ss. Onions, New Zealand, £7 55.; Victorian, .£7 10s. Butter, 965. Bacon, 9Jd. Melbourne, March 10. Wheat, is. 3sd. Flour, .£9 15s. Oats, prime Algerian, Is. lid. Barley,. English medium malting, 3s. 3d.; Cape, 2s. sd. Bran, lbjd. Pollard, 13ld. Potatoes, .£3 15s. to £i 2s. 6d. Onions, .£8" 10s. Adelaide, March 10. Wheat, Is. 3}d. Flour, £3 15s. Bran, Is. Id. Pollard, Is. 3d. BANK SHARES. |nr telegraph—ritisss association—corrnianT.) London, March 9. The following are the quotations for bank shares:— Bank. ' Buvers. Sellers. £ s. d. £ s. d. Australasia 106 0 0 107-0 0 Union ... /... ... 62 0 0 — National 4 17 6 5 2 6 New Zealand 9 10'0 10 0 0 MINING. (BY TEr,EGEArn—press association.) Dunedin, March 10. The secretary of the Paracalo Gold Mining Company (Philippine Islands) has received w,ord of two consecutive weekly returns, of 40.07 and 65.08 02. /