COMMERCIAL.

Taihape Daily Times, 7 May 1919, Page 5

COMMERCIAL.

Received May 7, 9.50 a.in. LONDON, May 6

The Stock Exchange is buoyant, business being brisk in most industries, especially rubbers and oils, but Government stocks are quiet; consols 55 1-8.

Competition is less kec nfor sheepskins; 10,700 were offered, nearly all small, fine crossbreds. Good combings at paE last allocation, faultios cheaper. A fair quantity was bought for France and Belgium, but most was for Home consumption.

LIVERPOOL WOOL SALES. FIVE PER CENT INCREASE. LONDON; i. At the Liverpool wool sales, 11,924 bales were offered, half being Queensland and half New South "Wales-. All lots were sold. There was a fair selection, both of merino and crossbred. There was keen competition for the Home trade. <S> No export was allowed from (his sale.

Mei'inos and fine crossbreds were selling at five per cent above last sale. Low crossbreds were unchanged.

The Bradford wool market is exceedingly firm. Quotations for merinos and crossbreds are still advancing. At the London sheepskin sales there was a large attendance and good competition. Crossbred and combing merinos showed a ten per cent advance on last allocation sale. Tore was a good demand for burry wools, and faulty pelts, these reaching prices equal to last allocation.

There was some buying on French and Belgian account, but none by America or neutral countries.