COMMERCIAL.

Stratford Evening Post, Volume XXIX, Issue 133, 28 July 1911, Page 3

COMMERCIAL.

London, J uly 27. At the wool sales 80,000 bales were sold for the Home market, 40,000 for the Continent, 2500 for America, and 41,000 were hold over. Compared with the May series, merinos closed fully at par, except short carbonising sorts, which were slightly easier, bine gieasy crossbreds advanced 5. per cent. Lower grade sorts were very firm at par. See mods declined about 10 per cent. Crossbreds and lambs went slightly in the sellers’ 'favour. Merinos were about 5 per cent dearer. The sales included the following clips : —Denali lid; Langridge, top Old, average !)J-d ; Grasmere, 221 d and 21: ( d. (Receiv'd 28, 8.5 a.m.) London, July 27. At the wool sales siipes declined 5 to V' per cent. (Received 28, 11.30 a.m.) London, 1 July 27. Talisman shares 47s (id and 52s (id. (Per Press Association.) Wellington, July 28. The Department of Agriculture, Commerce, and Tourists has received tire following cablegram from the High Commissioner, dated Lon lon, July 27th The wool sales have closed. There was good demand by Home mid Continental buyers for all grades of gvoasv wool. Prospects are favourable, although a considerable quantity was not offered. i wenty-nine thousand bales of New -Zealand wool were field over. Estimated values; —Superior merino Is to Is 2d, medium merino lOd to Hid, inferior merino Sd to !Kd, line crossbreds' 11 Jd to Is 2d, medium crossbreds 9d to lid, coarse crossbreds 8d to lOd.