COMMERCIAL.

Taranaki Daily News, Volume LII, Issue 14, 10 February 1909, Page 4

COMMERCIAL.

HIGH ( OMMISSIONER'S KEPOKT. 1 I Wellington, Tuesday. A cable from the High Commissionerl dated London IS savs: Wool -The Mtlc,',-loscd linn with a good demand for all descriptions except" for lots suitable for America, which are '/id higher than the opening rates. The gain on medium ami coarse qualities is lost; values generally are raw about the same as at the December sales. America purchased freely and the market is uncertain but hopeful. The estimated values are a, follows:—Superior merinos ll'/ 2 d to Is l'/,d, medium !)d to lid, inferior Oy,d to B'/,<l, fine crossbreds, all grades Is to Is ly.d, medium BV:,d to ll<l, coarse fid to 9d.

LONDON WOOL SALES. Messrs. Dalgety and Co., Ltd., report having received the following cable message from their London house, under! date the (ith inst.:—"Wool sales closed linn. As compared with the closing rates of last series scoured merino wools of good quality and condition are par to 5 per cent, lower, and faulty wools of the same class are unchanged. Greasy merino wools are also unchanged. Fine quality crossbred* are ."> per cent, higher, bright medium cross-breds beings to 7'/, per cent, higher. The total net i|iian" lity available for sale amounted to '201.0(1(1 bales, of which quantity 12,00(1 I bales were sodl for America, 02,000 for I Home consumption, and 88.000 for the | Continent, leaving 0000 bales to be earI ried forward to the next series/'