COMMERCIAL.

Oamaru Mail, Volume XXXIV, Issue 9592, 26 July 1907, Page 4

COMMERCIAL.

[By Electric Teleqraph.—Coptright.] (Per Press Association.) Received July 25, at 9.18 p.m. • i London, July 25. The quantity of wool sold to Home burers wa6 82.000 bales, to the Continental 50J000 bales, to America 5000 bales, and there were held over 24,000 bales (including 19,500 bales of New Zealand)- Compared with the May closing rates best meTinos, suitable for the American trade, were fully 5 per cent, dearer, and average sorts"were slightly in sellers' favor;, short faulty, especially scoureds, £d to Id lower. Good greasy croe6breds were firm, but unchanged. Shabby faulty sorts have declined sto 10 per cent, Slipes are superabundant in supply and the finest and coarsest have declined £d.' to Id, and medium Id. Lamb (best merinos) is unchanged. 'Faulty merinos and New Zealand "crossbreds have declined to Id. The average price realised for the fleece portion of the undermentioned clips were : Nsakonui ll|d : . and Homewood lid. Received July 26. at 8.50 a.m. London. July 25. Copp er _Sp o t. £96: three months, £BB. Tin—Spot, £lB3 10s; three months, £lB2. Iron. £SB 10s. Lead, £2l 10s. Silver, 2s 7|d. Received July 26, at 0.2 7a.m. Melbourne, July 25. Hides.—There is keen competition for good-conditioned lots at firm rates'.