COMMERCIAL

Nelson Evening Mail, Volume XLIX, Issue XLIX, 4 January 1916, Page 5

COMMERCIAL

LONDON wool sales. Dalgety and Co., Ltd.,' WelHrigton, received the following- cablegram. -from their London Jfouse, undeiv date of the 24th irist. "The sales closed-- at tlio highest point of the year, except; for short faulty Merinos, -winch were irregular. Compared with, the closing rat eft of the ..November sale, super, and-goocl scoured Merinos and good shafty grensy Merinos were 10 per cent to 15 per cent' higher; short and faulty •are on-par." Average greasieis werei - 10 '< per •■ cont higher,- -6 lso'"faulty • wasty -gred-sies. GooA lambs showed -"an increase of 10 pel* cenvp jinii vshoTt* and -faulty-, were from par to |5 par cent higher. Fine gre'asy. crossPbreds advanced 10, per cent, and-medium, and course, 10 per cent to* ,lsji?por cent/ land crossbred'•lftmbs ' crossbreds sliowodr a,, <rise -of ■lb per tfenfc to IS per centj anH slipes pep'-cent. I Eighty thousand bates; were sold;-to 'thA Home trade,- -v-*.A'l,ooo. tp. ./the Continent. , 4,000 to America, 10,000 bales ,% were canned forward, and 7.000 ■were not ofr i t'ered. : "•