COMMERCIAL.

Poverty Bay Herald, Volume XXXVII, Issue 12698, 16 March 1910, Page 5

COMMERCIAL.

(Press Assn .—By Telegraph— Copyright) .... LONDON,, March 15. At the aa'Ool sales, -Kiku, realised 14£ d and a\-eraged 12|d. . .

Tin is dull. "Bulls" are realising, I owing to fears that the coal .strike-in Wales will check consumption. Spot £144, three. months' fil^^sdd.; , . (Received 'slarch v 16, 9va'.m.)7 LONDON, March 15. '. The wool sales to-day .had tribe postponed owing, tn fog. : 7

Messrs Williams and Kettle, Ltd, are m receipt of the folloAving market, report from their London agents, , under date 4th February:— . '" "

Wool.— The first series of colonial wool sales for the current year Avhicli commenced on the 18th ult. terminates to-day. Out. of a total available quantity of 180,150 .''bales, about 178,000 bales have bpen catalogued; -, of which 44,800 Ibales comprised ' New . Zealand, 925Q bales Capes, • whilst the remainder represented Australian 1 wool.; „.-■; Of ■ tlie quantity sold about 95,000 hales have been taken for ' export, including sonic 12,000- bales for .".'America, whilst about 7250 bales are. held o\*er for r future ' realisation . The' ; attendance of buyers throughout the .series has beeii ' excellent, while keen competition' lias characterised the biddings. ' English and '*' German buyers have 'operated "most, freely, but French 'and American- buyers hu.ve^sho\v.n some reserve, the latter confining.* their purchases to the hiedium and coarse de scriptions of greasy crossbreds. 'Prices haye, «ho\vn little or no fluctuations. • Merinds . opened 7 s*teady .- at iSToA-ember c,urrencies7arid i despite heavy dhily of-' ferings prices' hardened after the firsts few, days, and often marked an advances of 5 per cent.. With' r,egard tqc'rpW breds the finest grades -show very'.'UttJer. i variation on , previoiisj rates, but medium arid , cparse dt*sOrj.pt!iops .-' where siiiitable for European, requjrelrieiita'show A^'ftd-' vance of 7ito 10, per cent, the gre^te^t appreciation being' .noticeable oi>}.^the coarser ... descriptions. Scour.eds- ; aiid slipbs which have' been ; someAvhat ;, s<^i , ce met, .with excellent demand, -the' /coarser descriptions marking' a rise of ;.7i^ : per tcent. . The condition of the ; Avbdf 'ifjaik excellent, the soiectiori- of merinos leaving. nothing to' be-, desired, Avhilst.New. Zealand has pfoved. to ;be7, well grOAvn, and ,m -very" V light' condition. Machinery : is well employed '.»nhd . thd market, g&riera'llA> 'm . ; «i, .'healthy '••state ;;-, the statistical position of: crossbreds ' b,euig unusually y .'strong 'owing- 'to the heavy falling off m River Plate producti6n. Latest - Bradford- prices foi* tops are -as follows: Meririos. 60's 2s 2Jd,' crossbred fine 56's Is* lid, 50's Is B^d, medium - 46's Is r sid, course 40's Is 3id.;36's Is 2d per lb. . , v 7. ;?.:;

Further*.*- details : . 0f .." London,' January ;avool sales came to hand to-day^ per Bank i of Ne\v Soritjr'Wa'les ' c^tal^gue, local >sales being < ds>: -f blloAvs : -^T^wapata : 10 bales- slipe llldy :-I7at v 10d;^3 Avashed at Sid; Kairakai : 7 greasy combing' ll|d. RWC: 11 .scoured Is, 1 lambs lid, .1 'pieces lid. C: 4 greasy Lincoln lO^d. ' Waipora (GJB) : 7 greasy, half bred combing Is, lid, 7; at Is] oddments 6^d to Bjd. Black, Pakmyriair ll'.bales ls;2ti, 16 at ls> 6 at-ls Oidi 16 at Hid, others from 9d to H>id. Black, Arakihi : 22 bales Is Id, 22 at Is, ■'■ 4 ' at Hid, 8 at lid, Others fwwn, 7£d for pieces to 9£d for mixed. RDD : 8 bales Is ld< 13 at H^d, 8 from 9d %p 10^d. SL, Puriri : 15 bales Is o|d, 1 at 9d. »L over W : 13 at ls, 6at 1« Id, 21 at Hid. Mokoriui: 13 at ll£d, 13 at IGAd., EM, WaiaW: 1 at 10d, 1 at Hid. .. E, Whare : 2at 9d, lat 9W, 1 at ll£d. ' AR : 20 at Hid, 11 at'Ls 2 at lid.- Titarigi: 18 at lid, 3 at iQid, others from" 7id to 9id. Linburn :23at Is Id, 3 (slipe) ls o|d. others 9d to ll'd. Panikxui : 1 at Is Id, 54 at. ls, others Bid to Hid. Thistle, Te ArohaVlO at Is lid, 2 at ■Is Oid, 10 at. ls, 6at Hid. 15 at lid, pthers from 8d -to 9id. AHW : 6at Ls 2id,. 12 at Is 2d, 19 at ls lid, 5 at Is, others from 6£d to ; Hid. W'aipari : 5 at ls Id, 8 at Is, 26 fat Hid. others from Bid -to 10Ad. Mal«>7 15 ah Is 4d. 4 at Is 3'id,~ 10 at, Is 2d, 26 at Is lid,, others from 9d to. Is.. AR: lat ls Id. 2 at Is,. others 7d to lid. /