COMMERCIAL.

Sun (Christchurch), Volume I, Issue 236, 9 November 1914, Page 8

COMMERCIAL.

LONDON WOOL SALES CLOSE EXPORT PROHIBITED. Cable.—Press Association.—Copyright. (Received November 9, 9.55 a.m.) LONDON, November J. The wool sales have closed. There, was good competition and a full attendance. Shafty merinos' were from five to seven and a half per cent, above October from 10 to 15 per per cent, higher. Shorter fine-haired combings suitable for the Continent weakened fully five per cent., while lambs and all fine seoureds, carbonising sorts, greasy and cross-breds, declined 15 per cent. The Board of Trade has informed Bradford commercial men that the prohibition of the export of wool will extend at least till the end of 1914. TRADE IN ENGLAND. Imports have decreased by £20,170,887; exports by £18,020,884,. and re-exports by £2,376,287. Wheat is firm and unchanged.