COMMERCIAL.

Taranaki Daily News, Volume L, Issue 61, 13 December 1907, Page 3

COMMERCIAL.

LONDON WOO], ,SAL EN. London, December 11. At the wool sales there was .-old for home consumption. K.OOO ball's; for the Continent, 56,000 biles; for America 2000 Jiales; held over. ir>.oo(» bales! Best greasy combing merinos met with a steady demand at prices 5 to 7>/, per cent, below those of October. Scoured sold at 10 per cent, loner, short faulty 10 to 15 per cent, lower, crossbred slipes 3 to 10 per cent, lower, poor conditioned parcels 10 per cent, lower, best lambs ~i per cent. lower, faulty 7'/. to 10 per cent, lower.

Per Pras Association. Wellington. Last night. The Department of Industries and Commerce is in receipt of the following cable from the High Commissioner, dated London. December 11th:—'The wool sales have closed, and the market irregular and unsettled. On account of the money market being exceedingly stringent, buyers will not buv more than is absolutely necessary, and'competition is slight. The estimated vilues are as follows:—Fine erossbreds (all grades) Is to Is 3d. medium erossbreds (all grades) Od to ll%d. coarse erossbreds (all grades) Mto 10'/,d. superior merino (all grades) Is to Is 3d, medium merino (al grades) 10i/ 2 d to Is S i/,d, inferior merino (all grades) 7d to lOd.

HIDES MARKET. Received December 12, y.30 p in. Melbourne, December 12. Hide supplies were moderate and the market dull. SYDNEY WOOL SALES. Received December 12, 0.30 p.m. Sydney, December 12. At the wool sales superior classes closed steady at Lite rates. I iu ii wool sales. I ler i'lcs-i Association. Ihii-U-hurcU, L.i-1 uigiit. The Second wool sale ol this season's | series commenced in the Alexandra Hall to day. alien 17bales were catalogued, as compared with 21,347 bales kif the corresponding sale of last year. Ihe attendance of buyers was verv large, but many of them were not operating. The range of prices was—Greasy merino 8d to 11 super half-bred I ltl to 13d, medium 91 to )o>/,d, inferioi 7'/id to B%d, super three-quarter bre< l'l'vl, medium f'/,d to yd, inferior to 7%, super cross-bred !"/„d to Jo%d medium 7%d to !)d. inferior .'id to 7d down BV,d to 10 : !', d, first half l>r< < pieces 8d to 10(1, second pieces dtc 7Vjd. first cross-bred pieces (i'/.d to (hi second pieces 4'/,d to Gil, locks 2'/. t 5%d.

CAHKLESS SLAUGHTERING AXD BRANDING. Sydney, December 12. Doctor Brown, of the Agricultural Vpartmpnt, estimates that the loss sufVred on sheep .skin?! alone hv dajnage l««w through -langhtennen using the ** rij"' <-ut when skinning the nnimals ■ mounts annually to € 125.000. The In-s hv rcckli'" branding of cattle he estimates at £300,000 yearly; and another 1.50.000 !o«t hv reckless flavjnjj of the bides.