LATE COMMERCIAL

New Zealand Times, Volume XXXII, Issue 7048, 9 February 1910, Page 1

LATE COMMERCIAL

KAIAPOI WOOLLEN COMPANY. PRESS ASSOCIATION. CHRISTCHURCH, February 8. Tho Kaiapoi Woollen Manufacturing Company has declared an interim dividend of 5 per cent, for th© second half-year ended January 31st. WOOLSALE AT INVERCARGILL. INVERCARGILL. February 8. The third and last wool sale of tho series was held to-day, when 2128 bales were offered- Finer grade wool had all been disposed of at- previous sales, and to-day's lots chlotiy comprised coarser varieties {from stragglers in many instances), and tho wool was not so clean as the earlier shorn lots. Despite these drawbacks, prices realised showed a rise of from td to Id per lb, and even up to lid in a few instances, a-s compared with tho highly satisfactory figures secured at tho last sale. The experience of all the auctioneers was that tho lots passed in at tlie last sale found buyers. Medium and inferior wool, which at last sale fetched 9UI to 10-id, to-day brought iip to HJd, and "lid was a fairly general figure.