LONDON WOOL SALES.

Auckland Star, Volume LXIV, Issue 241, 12 October 1933, Page 4

LONDON WOOL SALES.

CLOSE CF SERIES. RANGE OF PRICES. (Kcceivcd 10 a.m.) LONDON, Octobcr 11. At the wool sales UCOj bales were offered, including 4S3'J New Zealand. Approxiinately 5370 were sold, JVLerinos, scoured, New Zealand.. Algiilus, 22d; New Zealand greasy crossureii, JiilA, lop price I2d, average Oiid; snpe lialtured lanius, 11j&, Canteruury, tUd and 13',id. Compared wicu July closing, iUerinos (greasy, line) are 10 per cent nearer, medium and alienor 5, scoured, line, unclianged, medium and coarse unenangeil, locks and pieces 10 par cent dearer, lanius' 10 to Ij, ciossbreds, line, 10, medium and coarse 15, be At tdipcs 5, others unchanged. 'J.lie total bales cauilogued were 10/,900. fcjold: Homo 70,500, Continent 7-1,000, America 2000, and held 30,300. '.total Australian sold 57,000, New Zealand 7i5,000.

Messrs, Dalgety and Company, Limited, report having received the iollouiiig cablegram from tueir London house, dated litii instant: —The wool sales closed active. Competition more general, strong tone. As compared with closing rates of last scries:—Greasy Merino, Id to lYzd higher; scoured Merino, Id to VAid higher; greasy half bred, Id to lMsd higher; scoured hallbred, lVad to 2d higher; greasy crossbred, lino %d to Id higher, medium %d to Id higher, coarse '/id to %d higher; scoured crossbred, %d to 3d higher; line slipe, 'id to Id higher; other descriptions of slipe, %d to Id higher; lambs', greasy, '/fed to Id higher. Range: Merino, good to super HVL'd, low to medium lid to 14d; Halfbred, 56/58, good to super H'/sd to 16d, low to medium lid to lid; halibred, 50/56, good to super 13d to WAd, low to medium lO'/id to 12Vid; fine crossbred, 48/50, good to super Dd to Ud, low to medium 7d to B'/id; line crossbred, 16/48, good to super 8d to !)'.i(l, low to medium (i'.iid to 7%d; crossbred, 44/46, good to super 7d to S'.sd, low to medium 6d to 6%d; crossbred, 40/44, good to super (i'/id to 7'/2(l, low to medium 5%d to C%d; croarsc crossbred, 35/40, good to super 6d to Ci'lid, medium to good 5%d to 5%d.

The Bank of New Zealand lias received the following advice from its London oflicc under date lltli inst.:—The sales have closed In in for all kinds of woo), av itli uetivo demand from homo and foreign buyers. Current quotations: Greasy Merinos, GO/04's, l.nl to 16d per lb, good average quality; ordinary, 60/04'h, 13Mid to ]4M:d; inferior, 60/64'b, 10% dto JO%d; liaKbiedß, X'a, 14d to 15d; 50/56's, lid to 12d; croenbrcd*, 50's, B%d to DV&d; <I.S/r,o's, 8d to S'/L-.l; 46/4S"s, 6%d to I'M; 44/4<J"b, G'4d to 7.!; 40/44's, Od to o%d; 36/40*8, 5%d to C'/id.'

AUSTRALIAN WOOL SALEB. SYDXKV, October 11. At the Sydney wool bulcb to-day, 10,435 bales were offered, and 0053 were . Id. Also, . r iOS bales were sold privately. There was strong con era 1 competition and good clearances. Yesterday's improved U-vels wero maintained, although there was still some irregularity in regard to very biirry and faulty wools. Greapy Merino sold to 22d. which price was paid for 11 bales from Gurley. Competition was spirited at the Melbourne sales, and all wools sold in sellers' favour, compared with the rates last week. For many lines values increased r > to 10 per cent. About 93 per eent of the 02011 bales submitted were sold. The season's record price of 22% d a lb was realised for Victorian Merino. The highest price at the GeeloiiE sales this season, 24d, was realised to-day for four bales of Merino from Skipton.