COMMERCIAL.

Bush Advocate, Volume XXII, Issue 110, 13 May 1910, Page 5

COMMERCIAL.

LONDON WOOL SALES.

Press Assn—By telegraph—Copyright. LONDON, May 12. The fourth series of wool sales is limited to 160,000 bales. Wairmi made'ls, average 9d ; Highden lid, 10£ d; Marrivale, lUd, lOifd. (Received May 13, 9.45 a.m.) LONDON, May 12. The wool sales have closed strong. Full prices were obtained. Silver is quoted at 24£ d per ounce. A marine fibres and yarns company, with a capital of £400,000, is being formed to work fibrous deposits in St. Vincent's Gulf, South Australia. HIGH CONSMiSSIGNER'S GABLE. WOOL SALES. [press association.] WELLINGTON, This Day. The High Commissioner cabled on May 12 regarding the closing of the third series of wool sales. The wool sales closed with a strong market. In all classes there was a general active demand.. Manufacturers are fully employed, and prospects are favorable. Estimated values superior merino Is Id to Is 3£d, medium 10Jd to Is o£d, inferior 8d to lOd; fine crossbreds, all grades Is ljd to Is 4d, medium crossbreds, all grades', lid to Is Id; coarse cz-ossbreds, all grades, Bjd to 10* d. Twenty thousand bales of New Zealand wool were held over.