COMMERCIAL.
LONDON WOOL SALES. London, November 27. At the wool sales 1)7111 bales were oflered. There was a good assortment of merinos. There was a large attendance and good competition. Compared with the dosing prices of the October sales, prices lor merinos averaged a 10 per cent, decline, and crossbreus, which were mostly slips, a Vf> per cent, decline. Later. At the wool sales competition has improved. The opening rates are fully maintained. Dalgoty and Co,, Ltd-, Wellington, have received the following cable message from their London office, dated the 2(jth iust.:—"Sales opened with a good selection. There is a large attendance of buyers and competition is animated. Super merino wools prices are on the average 5 to S per cent, lower than the closing rates of September series. Good and medium merino wools 10 per cent, lower. Short, wasty and earthy wools, also faulty merino pieces, 10 to 15 per cent, lower. So far hardly any crossbreds have been offered—prices are lower by 8 per cent."
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Taranaki Daily News, Volume L, Issue 61, 29 November 1907, Page 3
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167COMMERCIAL. Taranaki Daily News, Volume L, Issue 61, 29 November 1907, Page 3
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