COMMERCIAL.
The local agent of the New Zealand Loan and Mercantile Agency Company has received the following produce telegram, dated London, 22nd instant :— The wool sales, comprising about 83,000 bales, opened on the 22nd instant, at an average advance of 5 per cent on last sales closing sales ; 15,000 bales have been sent to the manufacturing districts direct. The opening catalogue contained 4000 bales, but it was not a representative one. Mr M. E. Miller received yesterday the following cable message from Messra Goldsbrough and Co. :—"Have sold 6500 bales this week at prices ranging from 7d to 13d for greasy and from Is 2d to Is lOd for washed. Brisk demand. Crowded attendance. Sold 6300 last week, or 12,800 for the fortnight.
(by cable.) London, November 23. Consols, 100 1. New Zealand securities—Five per cent 10-40 loan 104 ; five per cent 1889 loan, 104; four and a half per cent 1879. 1904 loan, 100f. Australian and New Zealand breadstuffs and Australian tallow are without quotable change.
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Bibliographic details
Daily Telegraph (Napier), Issue 3246, 25 November 1881, Page 2
Word Count
167COMMERCIAL. Daily Telegraph (Napier), Issue 3246, 25 November 1881, Page 2
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