COMMERCIAL.
LONDON WOOL SALES. By Cable—Press Association—Copyright. London, February 7. The wool sales closed firm, with merinos the highest of the series. LONDON WOOL SALES. i ■ ■ *-•* \|F. Received 8, 11.40 p.m. London, February 8. At the wool sales the attendance was remarkably sustained. Choice merinos closed at par with the December sales; medium declined 5 per cent.; faulties, 10 to 15 per cent.; good scoureds, 7'/ 2 per cent. Crossbreds weakened during the sales, closing at par to 5 per cent, below December rates; medium, 10 to 15 per cent; coarse, 7 ] / 2 to 10 per cent. Good lambs were firm, but faulty declined from 5 to 7% per cent. At the lower rates competition was good, with signs of , returning confidence. During the sales 113,000 bales were sold for the Home markets, 66,000 for the Continent, 4000 for the United States, and 17,000 were held over.
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Taranaki Daily News, Volume LIII, Issue 235, 9 February 1911, Page 5
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147COMMERCIAL. Taranaki Daily News, Volume LIII, Issue 235, 9 February 1911, Page 5
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