COMMERCIAL.

Gisborne Times, Volume XXIX, Issue 3269, 14 July 1911, Page 2

COMMERCIAL.

DECLINE IN CONSULS. [UNITED PRESS ASSOCIATION —COPYRIGHT.] LONDON, July 12. Consols have touched 1 8.3T5th, the lowest since the year 1831. They closed at 78£. LONDON "WOOL SALES, LONDON, July 12. At the wool sales there is a better selection, with brisk general competition at the opening rates. PRICES FOR NEW ZEALAND FLEECE. (Received July 14, 12.60 a.m.) LONDON, July 13. At the wool sales the following are the prices realised for the fleece portion of the clips named: Kaitepai, top price lid; average 9id. Ofeare Bd. Kaputone, top, 17|d; average, 15 7-Bd. Breamar, top 22fd; average 22d. The N.Z. Loan and. Mercantile Agency Co.. Ltd., are to-day in receipt of the following cablegram from their London office re wool: “There was a good attendance at the opening of the sales to-day, competition by Home and Continental buyers being active. ‘The openin o- catalogues were not representative. A~ compared with last sales’ closing rates prices are about par to 5 per cent, lower for scoured crossbred and greasy crossbred, coarse crossbred slipe and fine crossbred slipe. Prices are about the same for crossbred lambs and merino. Crossbred medium slipe wool is lower by *d to Id per lb.”