COMMERCIAL.

Stratford Evening Post, Volume XXXII, Issue 30, 18 January 1912, Page 5

COMMERCIAL.

LONDON WOOL SALES

London, January 17.

At the wool sales 9314 bales were jffored. There was a capital selfOr Lion. The attendance was largo and the competition spirited, chiefly from fcjio representatives of Yorkshire and German spinners. Merinos were uuflanged, and crossbreds were 6 •ent above the Depember c|ps}pg •ates.

1 Wellington, January 18.-' The Department of Ck>mnnerce;jlJfS received the following cable from tHp High. Commissioner,; dathd'.irJaißj|o 17, regarding the openihg’Qf sss series of colonial wool . sale has commenced, ah|L--rreat competition. Americans ’ buying medium m are favourable. The market fOjT tjl.Plp* no is firm but not advanced; For cfpfegbreds the market is higher ajl fd\ih(J by id per lb than last safe. of 45,900 bales of Mew Zealand' wpojf is. available.’ '• . ’ S.-f'M'' (Received 18, 1T.20 aim.)’ f'f. r London, January 17; The wool sales are ariipmted * a,T)d firm at. opening rates. ■ —’''■■yi THE UNION BANK. ' : 5 ; ' ■ , ;' v - ■;■ • ,:J ;• Y / London, January 17.;. The Union Bank has declai’od’a depd of 10 per cent, wij;|i;a'bpn^;cjf 2 per cent. The premises apcqupt has been written down - by £lll|ooo, ind the reserve increased by £2QipOQ, there being carried forward - £42,PQO. BRITISH~GONSOLS. J 4 V . -■ r : C London, January 17. Consols are at £77 ss. LONDON TALLOW SALES. ■> (Received 18, 8.55 a.m.) London, January 17.. 1 ; , Tallow: Twelvfe hundred and thirtytwo casks were offered and 744 sold. Prices were unchanged.

AMERICAN WHEAT SUPPLY. (Received 18, 11.20 a.m.) London, January 17. The American visible supply of wheat is 119,670,000 bushels. THE PRICE OF SILVER. ‘ (Received 18, 11.20 a.ra.) 1 London, January 17Silver, 25 l-16d.