COMMERCIAL.

Gisborne Times, Volume XXVII, Issue 2405, 21 January 1909, Page 5

COMMERCIAL.

WOOL. United Press Association. CoptrighLONDON, January 19. -The wool sales opened strong, merinos selling at fully December rates and crossbreds at 5 to 10 per cent advance.

(Received January 20, 10.35 p.m.) LONDON, Jan. 20. The brokers’ joint catalogue included 10,2222 bales, an excellent selection. There was a large attendance from all parts. Merinos were very firm, occasionally in sellers’ favor. Shabby crossbreds were 5 percent. above 'December rates. Choice sorts suitable for America were 7' to 10 per cent, above those rates. The American support was strong, but weak,on merinos.

[Press Association.] INVERCARGILL, Jain 20. The catalogue totalled 11.137 bales, and was nearly all sold. Prices for crossbreds wore -pi to Id better than last sale. Other sorts par. Top price for fine bred Ilf, and most of this sort realised lid. Very little liiilfbred and merino was forward. Prices: Merino,.,good to. medium. SRI to. SRI; medium to inferior,; 7]d to’ 7<l; half bred; good to 'medium, 10d to S3d; medium to .inferior, <id to 7d; fine crossbred, super to good, 11 Id to lOd; good to , medium, 9 3 cl to 8d; medium to inferior, to ocl, strong crossbred, super to good, Uju to B]d; good to medium, Spl to /d? medium to inferior, CM to 4d.

The New Zealand Loan and Mercantile Ao-encv Co., Ltd. are in receipt of the following cablegram from their London office:Ascomparcd with last sales’ clos : ing rates prices are about par' to o per cent higher for fine crossbred aucl greasy merino, about 5 per cent higher for medium greasy crossbred, 5 per cent to 71 per cent higher for coarse greasy crossbred, and about the same for scoured merino slipe. Very largo attendance, strong competition. Bidding general. ; i ; ding general. SUhoepsknis:Every- appearance of market remaining.firm.