LONDON WOOL SALES.

Press, Volume LI, Issue 15243, 3 April 1915, Page 13

LONDON WOOL SALES.

LONDON. March 81. 'The quantity -sold for home consumption Vats 109.000- bales, for the Conti- . f rient 12,000, and for the United States 5000. In all, IS.OOO bales were held I over. Comnared with tho closing rates ofh~t safe; prices for best greasy •merinos . were unchanged. jvhilo

average and faulty sorts declined by 7__ 'per cent., and scoured by a. haltpenny to a penny. All crossbreds met an increasingly keen demand. Fine advanced 5 per cent., medium and, coarse 10 per cent., and scoured slipes 5 per cent. Lambs—Merino wero unchanged, but crossbreds advanced by 10 percent. Tho following prices were realised for tlie fleece portions of tho New Zealand clips named:-—"Kra," top 18d, average ■17Jd; *"To Karm, : " top 18d, average 17-id. (PUSSS ASSOCIATION" TELEGRAM.*! WELLINGTON, April 1. The High Commissioner's market report, dated London, March 31st, is as under:— The wool sales have closed. Prospects ar-j favourable, owing to Americans holding off. Continental buying fontiuaos. The estimated values '•• fine crossbreds, all grades, are 17d to 19_d per lb. medium crossbreds, all grades, 16_d to 18_d, coarso crossbreds, all grades, 15d to 18d, superior merino 14id to 16d,' medium lid to 14d, inferior Sd to ll'd.

Dalgety and Co., Ltd., havo received the following cablegram from their London office, dated March 31st*. ''Tallow—Tho bulk of the offerings at the auction was sold. Inferior descriptions wero firm, but other doscrintionß slightly easier." The New Zealand Loan and Mercantile Agenoy Co., Ltd., advise having received a cablegram from London .giving tho Undernoted market -information: "Wool sales closed firm. Compared with March sth merino scoured 5 to 7. per cent, lower, crossbred scoured slipc par to 5 per cent, higher,"