COMMERCIAL.

Wairarapa Age, Volume XXV, Issue 10713, 6 March 1914, Page 7

COMMERCIAL.

LONDON WOOL SALES.

Messrs. \V. and G. Turnhull and Company, Ltd., have received the following cabled, information from their London agents: —"Prices have advanced 10 per cent." Messrs. Dalgety and Co., Ltd., Wellington, have just received cabled information from their London office as f olio w>»:—"The wool sales have opened, and the attendance of buyers is large. Competition is very antmated. American buyers are operating. As compared with last sale's closing rates, there is an advance on merinos generally of 5 per cent, to 1\ por cent., Fine crossbrals 7| per cent, advance, and on medium and coarse ci-ossbi'ods 10 per cent, advance." The New Zealand Loan and Mercantile Agency Co., "Ltd., have received the following cablegram from their London house under date 3rd inst. :—"There was a full attendance at the opening of the sales to-day, competition by Home, Continental, and American buyers being active, and pricos as compared with the close of preceding series ruled about 10 per cent, higher for crossbred wool, and about 5 per cent, to 7\ per cent, higher for merino wool. The opening I catalogues were fairly representative."