Commercial.

Wairarapa Daily Times, Volume X, Issue 3198, 7 May 1889, Page 2

Commercial.

• ' : : London, ; sth May." 'The wool sales (April-May series) '■ closed yesterday very firm at an pp advance generally of Jdto Id. above the ; closing ratal, of. the, February . . sales. Trade is liealtliy,',and the " advance will'p'robably.be maintained, ; "The New Zealand/Loan and Mercantile Agency Company (Limited); ■-••. have received tho following telegram -, from their London office,- dated 4th ; inst; —'^ Wool-The. sales closed ./ lirnily this day at an average advance of about 7| per cent, on last, sales .;;.'.. closing rates. The principal improve-, - ment has been-in superior greasy, line crossbred and medium, to good scorned, which have advanced' Id to .-''.-- : '■'.■■ per lb j medium crossbred has':" : advanced '■ Jd per lb;■; For coarse crossbred the market is ..unchanged. The sales compose about' 302,000 , . fettles. 5000 bales have been held v f over for future/disposal,' 181,000,: v y bales have been taken for the Continent, and 5000 bales for America, Tallow-Good mutton'; has. dpclined Gdper cwt, .Frozen meat: Mutton, market firmer. Canterbury is worth 4 5-8 d and Wellington i\i per lb. .../ i Beef—Market depressed, and quota- fjjjkf tions are unchanged, Lamb: Market quiot."Messrs Murray, Boberts and Co. . are in receipt of the following cable message from their London ;firm, ■',.'' Messrs Sanderson, Murray and Co.,' ] ■■ regarding woolsiiles,' under' date 3rd •.- May:-"Market" continues strong. Tho next series of sales fixed to commence 18th: June, and ■ will be limited .to new arrivals, 400,000 . bales. Tho fourth series ofsales.is fixed to oomiuenco 17th September; the fifth series of sales 26th November."