COMMERCIAL.
LONDON WOOL SALES. By Cable—Press Association—Copyright. London, January 17. The wool sales opened briskly with live to ten per cent, decline. Silver, 24% d. Share quotations.—Bank of Australia £lls and £ll(i, Union Dank £O4 ana £OS, New Zealand Loan and Mercantile £OO.
HIGH COMMISSIONER'S REPORT. By Telegraph.—Press Association. . Wellington, Wednesday. Following is the High Commissioner's cable under date London, January 17: Wool.—The sales commenced with a large attendance of buyers. Competition was confined to Home manufacturers chielly, whose trade is good. America and the Continent are holding oil' to ascertain the market value. A large supply of crossbred wool is being offered; 58,500 bales of New Zealand wool are catalogued. Fine wool is y s d, medium and coarse %d lower. The estimated values of New Zealand wool at the close of the sixth series of colonial wool sales held in London, December 0, 1910, are as follows:—Superior merino, Is Id to Is 3'/ 2 d; medium merino, lOVad to Is OV 2 d; inferior merino, o%d to O'/i'l; fine crossbred, all grades, Is l'/ 2 d to Is 4d; medium crossbreds, lid to Is Id; coarse crossbreds, all grades, B'/ 2 d to 10% d.
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Taranaki Daily News, Volume LIII, Issue 227, 19 January 1911, Page 7
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197COMMERCIAL. Taranaki Daily News, Volume LIII, Issue 227, 19 January 1911, Page 7
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