COMMERCIAL.
LONDON WOOL SALES
SHARP DROP IN PRICES
United Press Association —Copyright LONDON, March 17. Tho wool sales opened flat, with a 7 j to 15 per cent, decline.
The N.Z. Loan and Mercantile Agency Co., Ltd.', arc in receipt of tlio following cable re wool from their London office: “As compared with last sales’ closing rate, prices are lower about 71 to 10 per cent, for merino, and 10 to 15 per cent, for cross-bred. Bidding is inactive.” Messrs Common, Shelton and Co. have received the following cable message from London: Medium crossbreds are 15 per cent, down as compared with January sales.
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Bibliographic details
Gisborne Times, Volume XXVI, Issue 2143, 19 March 1908, Page 3
Word Count
104COMMERCIAL. Gisborne Times, Volume XXVI, Issue 2143, 19 March 1908, Page 3
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