COMMERCIAL.

Rangitikei Advocate and Manawatu Argus, Volume XXXII, Issue 8861, 11 July 1907, Page 2

COMMERCIAL.

London Wool Sales.

i Press Association— Copyright, i- - London, July 10. \ ' At the wool sales 8992 bales were cata- ' logued. They were a miscellaneous and inferior selection and included 7420 bales ' of New Zealand wool. There was a large , attendance, Americans supporting beat merinos fine and crossbreds. Compared with ' May rates merinos and best greasy cross--1 breds were fully equal to the highest rates. ' Shabbier and coarse crossbreds occasionally declined 5 per cent. Slipes were in large /supply. Fine best medium Reclined Jd, coarse Jd to Id. . , . , A London, July 10. Wooljchiefiy merinos, suitable for American trade, has advanced ; other classes are firm.

i*, Abraham and Williams, Ltd., have i received the following cable from London under date 9th inst. : The t sales have opened with strong com- [ petition and & large attendance of ■ buyers. There is a good demand for \ medium and coarse - crossbreds. ; Prices are Y±i to per lb lower. : Merinos and superior fine crossbreds i are unchanged. Large supplies are affecting the market.