COMMERCIAL

Nelson Evening Mail, Volume LXI, 13 November 1928, Page 7

COMMERCIAL

SYDNEY WOOL SALES United Press Association—By Electric Telegraph—Copyright SYDNEY, 12th November. The wool sales were resumed, third scries, and all sections of the trade competed strongly, notably France, Germany, Russia and Japan. The market was very firm and unchanged, although finer descriptions, of merinos showed a hardening tendency. Greasy merino sold to 28|cl, equalling the highest price this season. NEW YORK iSTOt'K EXCHANGE (Received 13th November, 12.10 p.m.) NEW YORK. 12th November. Stock Exchange sales reached a new record with sales of 5,681,300 shares. Tickers were over an hour behind all day following a spectacular opening, when tremendous buying poured in from the entire country. Lale'tickers slowed sales somewhat at 110011, but thereafter buying increased again and traders were lost in attempting lo follow. There was a sensation in. trading when extraordinary price movements were recorded in the Radio Corporation, International Nickel, and Seal's and Roebuck. BRADFORD MARKET (Received 13th November, 11.35 a.m.) LONDON. 12th November Bradford market prices have slightly better time. Merinos are firm and crossbred.', distinctly firmer,