COMMERCIAL.
By telegraph, Press Ats’n, Copyright London, Sept. 28.
The bank rate of intsrest is 4 per cent. At the wool sales the following were the average prices realised for the fleece portions of the clips named: Moaneo 10|-d, Watki 22gd.
Melbourne, September 29,
At the sales of hidies rates were fully maintained. Kips were slightly easier. Tallow values declined 5s to 10;. (Per Presa Association.) Wri'icgtnn. last night.
The Industries a • • Department has received toe "o! owing cablegram from the High Commissioner, dated London, 28th: ‘Tbs wool sales concluded with a very strong market. There was a good demand for all descuptions. The stock is small. Supplies no not meet requirements. The market prospects are favorable. The estimated value of fine crossbreds of all grades is Is o£-d to Is 8d per lb, mei inm crossbreds of all grades lid to Is Id, ooarse crossbreds, all grades, lOd to lid, superior merino, Is Id to 14d, medium lid to Is In, inferior 8d to 10\d.
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Bibliographic details
Gisborne Times, Volume XIX, Issue 1572, 30 September 1905, Page 2
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166COMMERCIAL. Gisborne Times, Volume XIX, Issue 1572, 30 September 1905, Page 2
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