COMMERCIAL

Timaru Herald, Volume XIIC, Issue 13809, 21 January 1909, Page 6

COMMERCIAL

LONDON WOOL SALES. Press Association-By Telegraph-Copvrie'rt LONDON, Jan. *l9. -The wool sales opened with strong competition, merinos selling at fully 'December, -rates, and crossbreds at 5 to 10 per cent, advance. 1

AUSTRALIAN QUOTATIONS. • SYDNEY, Jan. 20. Wheat, 3s Did to 3s iOjd. Flo.ir, ■£o 10s. • .Oats, Algerian, 2s 4d to 2s 0<l; . white, 2s lOd. . Barley, 3s 2d to 3s: sd. Maize, 4s 9d. Bran, £5. Pollard, £6. . Potatoes, Tasmanian, ,«hitesfcins,' £4 10s; local to £3 IQs'. Onions, £B. Butter, 96s to 100s per cwt.. Bacon. I'd to 9Jd per lb.

MELBOURNE, Jau. 20. Wheat,. 3s Sid. Flour. £8 iJs Oats, Algerian/ Is 9d to Is lid. BarIpr Cape, 2s 6d. : Maize, 4s 3d. Bran. 10-Jd. Pollard, Is Id. ' Potatoes, £3 10s to £5 V Onions, £6 10s to i; 7.

ADELAIDE, Jan. 20. Wheat," 3s BJd. Flour, X'S los, Bran and. pollard, Is.

Received 10.25 p.m. ,Jan. 20th. r ' LONDON, Jan. 20.

The brokers' joint catalogue of wool amounted to 10,.222 bales of excellent selection. 5 There was a large attendance from all parts. Prices for me-" rinos were very firm, and occasionally in sellers'- favour. Shabby 'crossbreds •were a per cent, above December sales. Choice sorts -suitable, for America "were 7i to 10 per-cent, higher. American support was strong on. crossbred and weak oil merinos. SOUTHLAND WOOL SALE. Per Press "Association. LNVERCARGILL, Jan. 20. The second w.ool sale of.: the .season Has ' held to-day. • The catalogue totalled 10,137 'bales, and nearly all sold. • Prices»for crossbreds were id to Id better than at last sale; other sorts at par. : . Prices" were as follows Merino, good to medium, 83d to Bid.: medium to inferior, 7JU to Va; half bred, good "to medium, 10d to 83d; medium to. inferior, 7Ad to 7d; Jiiil crossbred, super to good, lljd to lOd; good to medium,'9id to 8d; medium to inferior, 7£d to Od; strong crossbred, super to good, 10a to BAd; good to medium, Sid to 7d; medium to inferior. 6ld to 4d.

Guinness and LeCren, Ltd.,. have received ' the following advices re the London wpol sales, which opened on Tuesday:—"As compared with closing rates of December series, greasy merino par, fine crossbreds par, medium crossbred 5 per cent, higher, coarse crossbred 7} per cent, higher." * : The New Zealand Loan and Mercantile Agency Company, Ltd.,. have received the following cable advice from their London house in regard to the opening of tlie" January series of wool sales on the 19thAs compared with last - sale's - closing rates, prices are about par to 5 per cent, higher for fine crossbred and greasy merino, about 5 per cent, higher for medium <rreasy crossbred, about 5 per cent, to Ti- per cent-, higher for coarse greasy crossbred, and about the same for merino sconred and crossbred - slipe. Very large attendance, strong competition, and bidding general. Sheepskins.— There is.every appearance of the market remaining firm." ' The Canterbury Farmers' Co-opera-tive Association. Ltd.," have received the'following cable from their London office, -under date London. 19th Jan., 1909: —" The woo] sales opened to-day, and the prices, as compared with the closing rates of last series, are: — Merino . and fine crossbred at par, medium crossbred 5 per cent, higher, coarse crossbred 7} per cent, higher."

Messrs Dalgcty and Co. report unrlf'r date London, ]oth: —"The wool sales opened to-day with a good selection. The attendance of buyers was large and competition animated. Prices, 'as compared with the closing rates of series, show an advance of par to 5 per cent, in the case of merinos generally and line erossbreds. 5 per cent, advance in medium erossbreds, and 7J per' cent, advance in coarse erossbreds."