COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 91, 6 April 1908, Page 4

COMMERCIAL.

JjOXDOX' WOOL SALES. London, April d. At the wool sales 74,01)0 bale., were sold for the Home market, 44,01)0 for the Continent, and uUUtI for America, while 77,001) were held over. Uf the ipiautity held over 1)0,000 bales were not oll'ered, and 18,000 were withdrawn.

The prices, compared with I hose obtained at the January sales, were as follow*: -Creasy merinos, 5 per cent, lower; faulty, fully 111 per cent, lower; good scourers, from 10 to fully 13 iier oonl lower; line crossbreds, 0 per cent lower: medium, la per cent lower; coarse, 20 per cent, lower.

Tin'' sales' clo-cd with a bolter l'i-t-1-ing. Throughout tli,. industry there is an impression Unit tile crisis is over. Tli.- sales included the Mokopcka t-lip at lO'/jd, and tin* Dhaka at lU'/.d.

HICK COUUISSinNKU'S AOVICK. Per Press Association. Wellington, April I. I Inn Wool Sales.'-The following cablegram has licen received from the 11ii;Ii Commissioner at London, dated April ;): Tim wool .-ales closed with a good otteiidauco. Tim competition was not

satisfactory. Continental and American Imvcrs purchased onlv a snnill qiiaiility. - The market declined suddcnlc. At the close, however, huge quantities were withdrawn, and the demand »n;! prices improved. The estimated values are a- Inllows: Superior merino Mil to Is Id. medium merino !)d (<i lid. inferior merino o'/.d to H'/al, line croshrods (all yradesl ]IH/,d to Is (l'/.d. medium ero-slireils jail grades] .S',:.d to Ml 1 /-'!, coarse cros-hreds (ad grades) .«! to Sd.

UI'.SSUS. I)AU:i;iA'S liKl'iilJT

Messrs. llalgctv A Company. Lid.. Wellington, have" received Ihe following cable me-nges from Unit l-ond.-n l|ou,e I'T dale of the -iiKl instant: - Wool sales closed more animaled. I'rice- are. lower as follow-: Super merino 111 per cent, lower limn do-in-r.ilc- of la-l series. Since our li-i lelo-gi-aiu .-.-oured nieriiio woo!-, inferior and Innlu qualities. |.-, |„ -ju percent, lower. All olher descriptions of merino wool |."> per cent, lower than closing rales of l;:-t scries. Medium and eOar-- crossbred wools -ill to •>:, percent, lower than clo-ing rates of losi scries, while line crossbred wools ;1 r,- 111 per cent, lower. Out of the net quantity avail ible for sale, some 77,000 bales have Imcn sold for home consumption, 14,0011 hales for the Continent, 4.(11111 hales for Ain.-ri-a, leaving 75.1 bales to be carried lorttord to the next scries, of which Jil.OOl) »er,. uiiolfered. Frozen meat- The market for frozen million and lamb is linn without change in prices. Frozen beef market is somewhat tinner, supplies having been nil her short.

liutti r. -Tile market is weak. The Co|H'iihagen ollieial quotation is 2 kroner (about 2s lid) per cwt. The total imports of butter into the United Kingdom for week ending mil ult. amounted to 88,(1(10 cwt., as compared with S.'i.OOO cwt. for the corresponding week of 11107. showing an increase of 5000 cwt. Finest 110s.