COMMERCIAL.

Gisborne Times, Volume XXV, Issue 2199, 1 October 1907, Page 2

COMMERCIAL.

The N. Z. Loan and Mercantile Agency Company, reports having received the following cablegram from their London office yesterday: —Wool sales gain in firmness as they progress. As compared with last- sales closing rates, price aro 7.J to 10 per cent higher for Merino and fine greasy crossbred.” SYDNEY WOOL SALES. United Press Association—Copyright Received Oct. 1. 0.9 a.m. SYDNEY, Sept. 30. At tlie wool sales there was very keen competition. Prices wero in sellers’ favor. Greasy touched 1 dpi.

TERRiBLE FLOODS IN FRANCE.

LARGE TRACT OF COUNTRY

AFFECTED,

United Press Association —Copyright - Received Oct. 1, 0.5 a.m. PAJtIS, Sept. 30. Torrential rains in the south of Franco have swollen tho rivers, causing terrible floods in tho departments of Herault, Card, Bounties du Rhone, \ a utilise, and Var. ; - . Traffic is entirely suspended in some parts, greatly interrupted elsewhere. ~, . . , , , The Rhone is still rising fast, and ,i.,,ny imprisornd in their homes at Beziers and Agd.e aro suffering from iack of food. . Salvage corps rescued numbere by means of boats and pontoons. It is feared there wore many deaths.

TEN MILLION GALLONS OF WINE LOST.

SUDDEN RUSH OF WATER.

United Press Association —Copyright! Received Oct. 1, 0.5 a.m. PARIS, Sept. 30. It is computed that ten milhon gallons of wine has been lost in Herault alone. . Two thousand Agde grape-pickers aro homeless. . On the plain at Florensac the flood was so sudden that numbers of vintagers had barely time to escape. M. Fallieres and three Ministers are hastening to the south.