COMMERCIAL.
LONDON MARKETS. London, .March IS. Wool.—The keenest sale' of the series lias been held. All sorts are hardening. .Merinos brought .3 per cent, about the opening rales. The sales close, cin the i'llh iuM. The May series will be .united to 1.3(1.111)0 bale.. Tl„. I'anikau dip sold at !>-;4d. Wheal.—An Australian cargo sold at 39s (id. Lead, I'll! ,3..
wool market. The New Zealand Loan and Mercantile Agency Company, Ltd., has received the following cable from its London house, under dale 18th inst.:—''As compared with last sales closing rates are higher by about .3 per cent, for cross-bred merino and cross-bred slipe, and 5 per cent, to 7 per cent, for grease merino; about par to .3 per cent, 'higher lor merino lambs, and about 7'/„ pe- cent, to 10 per cent, for medium" and line greasy cross-bred. The tone of the market is firm. The second series of sales has been arranged to commence on Mav 4th, catalogues to be closed eight clear days prior to the opening of the sales, with a limit of 1.30,000 bales.
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Taranaki Daily News, Volume LII, Issue 47, 20 March 1909, Page 5
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179COMMERCIAL. Taranaki Daily News, Volume LII, Issue 47, 20 March 1909, Page 5
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