COMMERCIAL

Evening Star, Issue 18031, 27 July 1922, Page 2

COMMERCIAL

Press Association—By Telegraph—Copyright. LONDON WOOL SALE. LONDON, July 25. At the wool sale there was a much better selection of merinos >:;.1 good allround competition, especially irr finest, and prices were fully maintam-id. Cbossbreds mot with a. strong mark ft at lastweek’s price levels. New Zealand WALE. Co. realised 19jd.—A. and N.Z. Cab’/;. WHEAT MARKET. "LONDON, July 25. Wheat cargoes are firm but inactive. Steamer parcels arc steady. I lie Medics, on .passage, sold at Liverpool at 53s 6d. —A. and' N.Z. Cable. CROSSE AND BLACKWELL’S BAD YEAR. "LONDON, July 25. Messrs Crosse, and Blackwell's los- for the year amounts lo £1,372,000. The chairman reported at the annual meeting Hint the losses were largely due to the duty on sugar exceeding 'he value of tho commodity. It was difficult ior jam manufacturers to compete with margarine. The company was claiming £500.000 excess profits duty from the Government.—A. and N.Z. Cable. WANGANUI WOOL SALE. Tho final wool sale of the season at Wanganui was held yesterday afternoon. There was a fair attendance of buyers, including representatives of Home firms. The wool offered was chiefly oddments, and'there was nothing outstanding about tho quality, and in some lots there was a fair percentage of seedy wool. Bidding was dull, but prices compared favorably with the last Wellington sale.