COMMERCIAL.

Taranaki Daily News, 7 May 1919, Page 6

COMMERCIAL.

ENGLISH MARKETS. ••• • London, May 1. At the Liverpool wool sales 11,924 bales were offered, half Queensland and half New South Wales, and all were sold. There was a poor selection of both merinos and crossbreds. There was keen competition from the home trade. Merinos and fine crossbreds were selling at 5 per cent above last sale, low crossbreds were unchanged. The Bradford wool market is exceedingly firm, and the quotations for merinos and crossbreds are still advancing. At the London sheepskin sales there was a large attendance and good competition. Crossbreds and combing merinos showed 10 per cent advance on the iast allocation sale. There was good demland, burry wools and faulty pelts reaching the prices of last allocation. There was some buying on French and Belgian account, but none by America 01 neutrals. A great boom is expected on the Stock Exchange after the May Day holiday, owing to the reduction of the excess profits tax. The Government's price for Irish butter (super fine) is 263s per ewt., free on rail; other grades, 260s to 2285. Wheat and Flour.—Quiet, and little offering. Peas and Beans.—Good inquiry, and prices unchanged. Sugars-Unchanged.