SECOND EDITION. COMMERCIAL.

Bush Advocate, Volume XXI, Issue 228, 29 March 1909, Page 5

SECOND EDITION. COMMERCIAL.

[PBESB ASSOCIATION.] NAPIER, to-day. Dalgety's liOiidon office has cabled to its Napier branch as follows: — "March wool sales closed firm. Since our last cable prices for wools generally are as high as at any period of this series. As compared with closing rates of last series, greasy "merino wools, super, arc from par to 5 per cent, higher; merino wools of other descriptions 5 per cent to 10 per cent; higher. The advance •is chiefly on medium and good qualities. Crossbred wools, fine quality, are 10 to 12^ per cent, higher; medium, 5 to per. cent, higher; coafso from par td 5 per cent, higher. The total net quantity available amounted to 196,---000. Bales sold to America^ 18,000; for home consumption, 96,000; to the Continent, 69,000; not offered, 10,000; ' "carried forward,^ 13,000. Messrs Williams and Kettle, Ltd., have received cable advice, from their London agents, informing them that .the March sales closed with prices for' lialfbreds, fine crossbreds and medium crossbreds, from £d to Id per 1b higher than the closing rates for the January sales. Coarse crossbreds ' show no material change, and are just on a par with the closing rates for January. The sales throughout have been spirited with a large attendance of buyers. The next series open on the 4th May.