COMMERCIAL.

Gisborne Times, Volume XIX, Issue 1564, 21 September 1905, Page 2

COMMERCIAL.

(THE LONDON WOOL MARKET*

RISE IN PRICES. By telegraph, Press Ass’n, Copyright London, Sept 19. The wool sales opened brisk at 5 to 7i per cent advance. A wheat cargo sold at 88s net cash. In oonneotion with tbe offer for Canadian Pacifio lands, stocks rose 6J.

London, Sept 17. Wool—There is good enquiry at Bradford for all classes. Common sixties 253-d, supersr26fd. The Tokomaru’s chilled beef was mouldy, and was condemned. _ < Butter—Quiet; a shade easier. Choicest Australian 110 sto 112 s. The quality of recent arrivals was satisfactory. Sydney, Sept 20. Greasy wool sold Bt l2Jd, the highest prioe of the reason ; eooured 12£d.

AUSTRALIAN SALES. -By, telegraph*, Pros* Asa'n* Copyright Reoeived 1.8 a.m., Sept. 21.. Sydney, Sept. 20. At the wool sales there was an animated demand for all attractive parcels. The market was stimulated by the advanced prices ruling in London. Better classes may be quoted about 5 per oeut. above the rates ruling at the opening sales a fortnight ago.

Messrs Dalgety and Co. have reoeived ■. the following cabled report London a wool sales. Competition animated, .Good j selection. Merino and fine crossbreds • 1 Prioes are on the average par to 5 per cent higher than closing rates of last sales. Coarse- crossbred wools and alipes: Prices are on the average 5 to 8 per bent higher than closing rates of last series. The New Zealand Loan and Mercantile Agency Company received the following cablegram: —“Wool: Market opened strong. Competition is active. As compared with last sales’ closing rates prioes are 10 to 16 per cent higher for coarse orossbred, greasy medium merino, coarse greasy orossbred, and greasy crossbred. About 5 per cent higher for fine crossbred, medium crossbred and merino, lambs’, and greasy merino lambß’ super.’’