COMMERCIAL.

Stratford Evening Post, Volume XXXI, Issue 100, 24 November 1916, Page 2

COMMERCIAL.

THE WOOL MARKET, EXCITEMENT AT THE SALES. GOVERNMENT ACTION. Press Association— Copyright, Australian and N.Z. Cable Association. London. November 22. The wool markets in London and Bradford are greatly excited. There was a great scramble for spot lots at sensational prices, owing to reports of the Government's acquisition of the New Zealand clip. Grave fears are entertained lost it be extended to Australian crossbreds. Private cables to leading wool houses indicate that the New Zealand Government has definitely announced its intention to buy the whole clip, and is concluding negotiates with the

growers. News that faulty merinos may be exported from Australia, caused great satisfaction to American traders, but fears were expressed that it may have been rendered inoperative by Mr Hughes' conference. Bradford is apprehensive lest this means the requisition of the whole Australian clip. NEWTON KING'S WEEKLY REPORT. Fbr my Haymarket sale of the 18th inst., the number of pigs penned were well -over the advertised number. There was a good demand for stores, while weauers were slack of sale. I quote:—Slips and weaners from 7s 6d to 18s 6jd, small stores £1 2s 6d to £1 7s Gd, medium stores £1 9s to £1 14s, good stores £1 18s to £2 2s, light porkers up-TTHB2 Bs, sows £8 to £3 os, sundries 'at usual rates. The N.Z. Loan and' Mercantile Agency Co., Ltd., report having made the following sales of Pedigree Jersey Bulls on account of Mr D. Watkins; nad Hereford Bull on account of Mr Jno. Forbes:—On account 1). Watkins —"Pencarrow's General" to Mrs J. Breen, 50gns:; 'S'ilver Bean" to Mr A. S. Burke, 25gns; "Eaton Lord Charm" to Mrs Morrison, Toko, 28 giis. On account Jno. Forbes—l yearling Hereford bull, to Wm. llunciman, 2lgns.