COMMERCIAL.

Stratford Evening Post, Volume XXV, Issue 45, 24 February 1915, Page 6

COMMERCIAL.

LONDON WOOL SALES.

United Press Association. (Received 12.10 p.m.) London, February 23

At the wool sales 8259 bales were offered, of which 6753 were Australian and 1206 New Zealand. There was a a good attendance,’’ with strong competition, Americans buying nieripos freely* and- all, merinos suitable ifor America were fully fivf per cent, above last closing sale’s. Average sorts were Unchanged. Crossbreds-went,at par to '5 per cent higher, but medium ad‘vaiuced most.

>\-The Government announce that all purchases for the United States must be‘consigned to the chairman United States Textile Alliance, *KTcw York, who will hold same at shippers’ risk until he and the British Embassy have decided whether delivery may. be mqde to the ultimate purchaser, whosb guarantee not to trade with the enemy must bo satisfactory.

WHEAT AND DYES. (Received 12.55 p.m.) London, February 23. 1 Wheat is offering freely and closed rather steadier.'

The Board of Trade has-circularised manufacturers, stating it is willing to iSsne licenses for important dyes from enemy countries. The Manchester Guardian points out that it will bo necessary to establish a company to ensure a fair distribution of the dyes in Britain but the Government does not intend to deal harshly with nonsubscribefs.. A scheme has already b'een arranged for a considerable supply from Switzerland, and for ensuring the adequate use of foreign patents duty free.' , ’ •