COMMERCIAL.

Timaru Herald, Volume XCVI, Issue 14912, 3 December 1912, Page 6

COMMERCIAL.

THE WOOL SAI.ES. PRICES MAINTAINED. NEARLY ALL SOLD. Press Association—By Tel. —Copyright. LONDON, Doc. 2. At the wool sales bidding is spirited for all classes, and prices havo a hardening tendency. So far, 27,798 bales have bean catalogued, and 26,351 sold. NAPIER SALES. "SATISFACTORY TO GROWERS." Press Association. NAPIER, Dec. 2. The Napier wool sales were held today, when 13,809 bales were offered, as against 12,936 at the corresponding sale last year. There was a record attend-, ance of buyers from nil parts. Competition was keen, and practically nil offerings were sold, at prices extremely satisfactory to growers. The prices show a marked increase on last year's rates. The highest price for best hnlfbred was 14d. There was a strong demand for all crossbreds, which showed a substantial advance. The range of prices as compared with last year was as follows: 1912. 1911. 4. d. d. d. Best halfbred lUtol4 HM.-to 113 Medium halfbred lOltolSi OjJtolOV Finn crossbred 12 tol3 : ' c 9.Uol(B Medium crossbred 10 to 113 0" to 10" Coarse crossbred 9J to 10J 7 : n t to 9 Inferior crossbred 8i to 9 7 to 72 Pieces Tito 103 6?r to 9 Bellies 7 to s>} 5?, to (V,Locks 5 to 0 21-to 4 lambs uptolO-J 7* to 8 Dead 7} to 9 Tto 7 J LONDON MARKETS. LONDON, Dec. 1. The hemp market is"strong; fair Jan-uary-March, £32. Hides.—An insignificant business is doing; heavy Queensland Bd. The leather market i s firm; first Wellington 18Jd. PRIVATE ADVICES. The following cables havo been received in Timaru:— By N.Z.L. and M.A. Company:— ''Frozen Meat—The market has slightly improved for beef, is firmer for mutton, but the inquiry for lamb is limited." By Dalgety and Co.—"Wool sales continue firm and active, with brisk competition." SHARE MARKET. 'Peii Peess Association - . DUNEDIN, Dec. 2. The following salo was made on the otoek Exchange . to-day—Hartley and Riley, 15s. The following sales were re-ported—N.-Z. Portland Cement, £1 4s; Standard Insurance, £1 12s 3d; NZ Insuranco, £4 13s 9d; N.Z. Paper Mills, £1 Is; Westport Coal, £1 7s.