COMMERCIAL
LONDON WOOL SALES The New Zealand Loan and Mercantile Agency Co., have, received the following cable from the London office tinder date October 6: — , As compared' with last sale's closing rates, prices are about 5 per cent. higher for medium merino, scoured merino super, coarse greasy crossbred, hoarse scoured crossbred; about 5 to per cent, higher for crossbred Jambs, medium greasy crossbred, coarse crossbred slipe, line' scoured crossbred, medium scoured crossbred, greasy merino super, line greasy' crossbred; about par to 5 per cent, higher for inferior merino and merino lambs. Sales closed firmly to-day. Composition on German and French account is active. Home demand is good, Prices realised for average, to super grades of description as below were as f '"lows : .Merino super, 24d to 26£'d'; ven.no, average, 19d to 2od; crossbred, 56/58; 22d to 25d, 50/56 to 21J,d, 48/50 15d to 17|d, 46/48 14d to 16d. 44/46 13d to 15d, 40/44 12.UJ In 14d. 36,40 12.1(1 to ld£d. Buffer.—New Zealand choicest, £7 7s to £7 14s; Danish, £9 4s. Buyns holding oIT. Cheese.—£4 2s to £4 4s. Market slow. The Bank of New Zealand have iceeived the following advice from their London office, by cable, under date October 6: — •'Sales dosed firm for all kinds of wool. Merinos, super, 25d to 2"id; ordinary, 23d lo 24d: interior, 19d to 20Ad; halfbreds 21.U1. to 23d; crossbreds, fine, I6|d ttf 18d; medium, 14d to 14|d; coarse, 13d to 133 d." jElec. Tel. Copyright—United Press Ashi.) (Australian and N.Z. Cable Association.) (Received October 7, 3 p.m.) NEW YO'BK, Oct. 6. Chicago wheat: December 1371, May 142-1. -
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https://paperspast.natlib.govt.nz/newspapers/PBH19261007.2.106
Bibliographic details
Poverty Bay Herald, Volume LII, Issue 17158, 7 October 1926, Page 11
Word Count
265COMMERCIAL Poverty Bay Herald, Volume LII, Issue 17158, 7 October 1926, Page 11
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