COMMERCIAL.

Taranaki Daily News, Volume XLVII, Issue 8070, 28 March 1906, Page 3

COMMERCIAL.

PEB MESS ASSOCIATION". Wi;i,i,i.\<;ton, March 27. The Industries and Commerce Department has received the following cable from the High Commissioner, dated London, March 20. The wool sales idosed with lite market very strong. There has been an exceptional demand from America and the Continent. Manufacturers have very little stock. Prospects arc favourable.

The estimated value of fine crossbreds, all grades, in Is 2id to Is 4sd, medium cross-breds- Is UJd to Is 2Jd, coarse lid to Is ljd per lb, superior merino Is 2d to Is 4Jd, medium Is to Is 2d, inferior 9d to per lb,

W ancuxui, March 26. The New Zealand Loan & Mercantile Agency Co., Ltd, have received the following cable from their Loudon office :

Wool: Market closed strong for all sorts. As compared with last sales closing rates, prices are about 7i per cent, to 10 per cent, higher for merino medium and inferior; line crossbred, about 10 per cent, higher for lambs: about 15 per cent, higher for crossbred lambs. Average current London value of the undcrnoted descriptions of New Zealand greasy wool; Good merino 14Jd, medium merino 13d, inferior merino IOJd, fine crossbred 15Jd, medium crossbred ll.Jd, coarse crossbred (40's) 12id, coarse crossbred (3G's) 12d.