WOOL VALUES FIRM.

Auckland Star, Volume LXIX, Issue 118, 21 May 1938, Page 4

WOOL VALUES FIRM.

| LONDON SALES CONCLUDED. j i COM PET IT lON KKKX TllKOl'l.TlOlT (Received 11 a.m.) | LONDON, .May JO. ; At the London wool sales tn-d.iy 7o(H bales were offered, including 4n.Nl _\'ew Xealuinl and iio.ll were sold. There was a moderate miscellaneous selection, which ; met with an active demand. Sl,pes and i inferior lines were heavily withdrawn owing to the high limits. ' Throughout the series of sales U!),7l)<) bales have been oliered and .lII.OIM sold.. I hci e has been a continuous hardening ; tendency. Compared with the closing rales of the previous series prices have Ihn-u from pari t»> ."> per ce nt higher, except for slipes, I w I ich l,iavc been ■> to It) per cent lower. ! New Zealand greasy crossbred. "Upm. ' Oil and 11 '•_>: "I'aparatu,'' !>d and ltl'.-L-il; 1 scemred half bred combing, "Stonele igh. 'i •Jld ami l'3!'4(!. i A total ol 10,000 Australian and 28,.100 bales New Zealand were sold, and 4.1(10 ' Australian and 21,500 New Zealand were held over. PRICES COMPARED. Messrs. Dalgety and Co.. Ltd.. report having receive'd the following csthlegr.iiu from their London office, dated 20th mst.: - Wool salon closed active, with good ' general competition. As complied, with closing rates of last scrie's (irevsy; Merino. 'Asd to Id higher: scoured Moi i:io ' super, unchanged: greasy lialfbred. par to; Vid lower; scoured lialfbred super, nn-> (-hanged: scoured lialfbred other descri.i- j tions. lid to Id lower; greasy crossbred j meelium and coarse, unchanged: crossbu-d ; scourcd. Mid to bl lower: greasy crossbred lamb. Id to 114 d lower: slipes combing, par ' to lid lower; slipes other descriptions, 'id ! to Id lower. j Range of Prices. I Quotations are: -Low to medium. 10d to 1 lOViel: lialfbred, 06-08's, gooel to super 12' id. ■ to 13% d. low to medium lOd to 12d ; hall-] bred, 50-50's. geiod to super llVid to 12V4-1. j low to medium 9%d to lOVid: fine cross-1 bred, 48-50's. gooel to super lid to 12d. I.into medium OViel to lOVid: line crossbred. , 46-48's. gooel to super 10% d to 11 s s4'l. lowto medium 9V4el to lO'/id; crossbred, -U-Ki s,) good to super 1014(1 to U'/id. low to: medium 0d to 10(1: crossbred. 40-44's. good to super 10M>d to ll'.id, low to medium Od , to lOd; coarse crossbred, 36-40's, good to 1 super lOVid to llViel, medium to good Od to lOd. ) PRIVATE CABLES. The Bank of New Zealand has received the following advice from its London office dated May 20: — I "The sales have closed firm for all kinds i of wool, with keen competition, including Continental, throughout the series. "Closing quotations:—New Zealand greasy merinos: Super. 60-64's. 14d to I ]4'/4d per lb: ordinary, 60-64's, 12d to 13d; I inferior. 60-64's. 9%d to 10d. New Zea--1 land greasv halfbreels: 56-58's, 12<1 to jl2%d; 06's. 11Vid to 12(1; 50-56's. 10% dto U'/iel. New Zealand greasv erossbreds: 50's. 10% d to llel: 48-50's. lOVid to 10% d:' I 46-48's, lOd to lO'/id: 44-46's. lOd to lOVid: | | 40-44's, 10(1 to lOVid: 36-40's. lOel to 10',-id. 1 All good average condition." i I i