COMMERCIAL.

Wairarapa Age, Volume XXXII, Issue 10006, 31 March 1910, Page 6

COMMERCIAL.

LONDON MARKETS. The New Zealand 1 Loan and Mercantile Agency Co., in receipt of the fallowing cablegram from "London:--Wool: The sales closed with good competition. As compared with'last sale closing rates prices are about five per cent, higher for Merino, medium and superior, scoured Merino, super lambs, fine .scoured crossbred and medium scoured crossbred; about part to five per cent, higher for greasy Merino; super, and crossbred slipe; about the same for coarse scoured crossbred and fine greasy crossbred; lower about five per cent, to seven and a half per cent, for coarse greasy crossbred, and about seven- and a half to ten per cent, lower or medium greasy crossbred. During the series 130,000 bales were sold, Of which 46,000 were taken for the Continent, and 6,000 for America, 10,000 bales being holdover.

London Markets.

Dalgety and Company, Limited, report having received the ■ following cable messages from their London house, under date of the 23rd irist:--Frozen Meat.-rMutton is in guod demand, prices ruling from Jd to Jd higher, whilst lamb is in very e pod demand, any change in prices being in favour of sellers. For beef , ; ii..lders are asking a halfpenny more for hinds and one farthing more *or fores, but the advance which is being asked is checking business. Wool.— Salsa rhsed firrr. As compared with last sales' 'cliism./ rates, greasy super merino .wools and heavy, earthy and waßty"greasy merinos are unchflugedj whilst other descriptions d£ -greasy merinos' show an advance of from "5, per cent to 7J per cent. Scoured merino Wools are 5 per cent higher. Crossbred wools'of medium and. coarse quality suitable for America >are from 5 per cent to 10 per cent lower, but other crossbred wools of medium and coarse quality p*e ; 5, per cent, lower. The totai net quantity available Amounted.-'to 139,000, bajesi of which 6,000 bales were sold fq America, 78,000 for Honie consumption, 4.6,000 to the Continent, leaving 9,000 bales to be carried forward. .