United ?.ms Aeso.it.tion—By El-okie T-legr&ph—Copyright. A WEST AUSTRALIAN LOAN. LONDON, March 15. A West Australian loar. of a million at 3 per cent., with a minimum of 93_, is an nounced. Tenders will be opened next Thurs day. COMMERCLAL TRAVELLERS' LICENSES.. The Associated Chamber? of Commerce have passed a resolution protesting against tho oharge for licenses issued to commercial traveller- in the colonic-, declaring that the practice is a serious interference with trade.
THE MARKETS.
United Prese Association—By Elootrio TWUgraph—Copyright. LONDON, March 15. At the wool sales "Otairi" clip realised 6|d. Mardh 16. Wool is firm and ihardening. Americans are buying crossbreds freely. The sales close, on the 24th. Messrs Dalgety and' Company, Limited, have received the following cable message from their London office, under date 14th inst: — "The tallow market is depressed, and buyers have withdrawn. Buyers show no disposition whatever to operate. Spot prices are nominally unchanged." The New Zealand Loan and Mercantile Agency Company, Limited, have received the following London cable message, dated 15th March: — "Wool.—The sales progress firmly. The American demand has increased, and the crossbred market is. firmer.. For superior greasy merino prices are now oh a level with the closing rates of hurt sales," The New Zealand Loans aod Mercantile Agency Company, Limited, have received the (following cablegram frcan their London Office, dated March 15th: — '•Cheese—Cheese is selling up to 625. Strong demand. Prpspecta favourable."

THE CABLE QUESTION.
