COMMERCIAL

Gisborne Times, Volume XVII, Issue 1413, 25 March 1905, Page 3

COMMERCIAL

LOUDON WOOL SALES. ', By Telegraph—Press Association —Copyright London, March 23.

The wool sales have closed firm, prices being the highest of the series. Otskaikei clip realised 10§d. Owing to small supplies, salesmen anticipate an excellent market for Australian apples in the first half of the season. The early spring may affect later shipments. Wheat : An Australian cargo sold at 33s ; 11,000 quarters loading at 325.

The New Zealand Loan and Mercantile 1 Agency Company, Limitedj yesterday re- 1 ceived the following cablegram from their 1 London office “ Wool : Market closed strong for all sorts. Market has been lowsr 1 since wo last tolographod, but has re-1 covered. As compared with last sales closing-rates, prices are lower (about par to 5 per cent.) for merino medium and inl forior and faulty wool. About 10 per I oant. lower for medium greasy crossbred, coarse crossbred, coarse crossbred slips I and medium crossbred slipe. About 5 per 1 cent, to 7£ per cent, lower for lambs, fine I greasy crossbred, coarse scoured crossbred and fine crossbred slipe. Average current ( London value of the un&ernoted desoripI lions of New Zealand greasy wool is : 1 Hood merino 13d, medium 11-id, inferior j:9d ; fine crossbred 12d, medium lOd j coarse (40’s) coarse (36’s) BJd.”