LATE COMMERCIAL

Sun (Christchurch), Volume I, Issue 212, 12 October 1914, Page 10

LATE COMMERCIAL

LONDON WOOL SALES. The Bank of New Zealand has received the following cable from its London office: —The London wool sales closed very firm for crossbred. New Zealand held over, nil. The New Zealand Loan and Mercantile Agency Co., Ltd., have received a cablegram from London giving the undernoted market information: —Wool sales closed strong. Merino, super, medium 7i per cent, to .10 per cent., inferior 10 per cent, to 15 per cent, lower than July. Crossbred fine 5 per cent, to 7£ per cent., medium and coarse scoured 15 per cent., greasy 10 per cent, to 15 per cent., sjipe 20 per cent., lambs 25 per cent, higher.