Commercial.
Tbe local agent of the New Zealand Loan and Mercantile Agency Company has received the following telegraphic advice from the London ofllce, under date 25th inst. : — The wool sales closed firmly, a day earlier than was anticipated. The total quantity sold during the past series is 260,000 balos ; 160,000 bales have been taken for export, and 35,000 bales have been held over _ for future disposal. The following alterations in prices have been exhibited since close of last sales :—Combing arid clothing washed, scoured, superior greasy, and coarse washed cross-bred, have declined Id per lb ; superior clothing washed lias declined Id to l-J-d per lb ; medium and inferior greasy, fine greasy cross-bred, and coarse greasy cross-bred, fine washed cross-bred, and fine scoured crossbred have declined |d to Id per lb. The next sales will commence on the 10th May, and will include 350,000 bales fresh arrivals and 35,000 bales old .stock. Copra is quoted at £15 per ton, and market has receded.
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Bibliographic details
Daily Telegraph (Napier), Issue 3044, 29 March 1881, Page 2
Word Count
162Commercial. Daily Telegraph (Napier), Issue 3044, 29 March 1881, Page 2
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