COMMERCIAL

Taranaki Daily News, 1 July 1915, Page 8

COMMERCIAL

LONDON WOOL SALES. By Cable—Press Association—Copyright. London, June 2ft. At the wool sales, 8270 bales were offered, including '2439 New Zealand. There was a good -attendance, and keen bidding was experienced for good wools. 'Practically all purchases were for the home trade. Good greasy combing merinos reached I\' : , per cent, above the last closing price; medium ad; faulty and all clothings unchanged; good scouroils oil advance; fine crossbreds, 7 1 />d; medium and low, sd; scoureds. ,m 1; slipes (sood length), unchanged; clothings, 5d advance; merino lambs, scarce, tid advance; crossbreds Tnchanged. Wellington, Yesterday. The High Commissioners cabled market report, dated Loudon, Juno '2!), is as follows:—The wool sales have commenced The market is firm, and manufacturers are busy, but the high prices restrict competition The price for Merino and fine crossbreds is one penny, and medium and coarse crossbreds onehalfpenny higher than the closing rates at the last 'sales. There are 130.000 bales of New Zealand wool available. The New Zealand Loan and Mercantile Agency Co.. Ltd.. have received the following cablegram from their Loev >\ hon-e. under date dune 3ft. —London wool sales, good den.vjmf. Merino, greasy 7%, scoured ■") OCT cent; finocrreasv 7',■•.■• ercir-cr ■"> per cent, higher. Slipo inar.'.'l'f irregular. LONDON MARKETS. Loudon. .Time "20. Cooper. CS2 2s fid to ;CK3s 12s (Id. Kl.'ctrolvtie, :C!)4 10s to .€!).'> 10s, Tin.—Spot. Cl7l .l.")s to £172 ."is. Sliver. 22/sd per az. Whoat.-Tbc market is firmer. Indiau is (id dearer. Walla, (afloat), o2s fid to 53s 3d.