SYDNEY WOOL SALE

Press, Volume LXXXVIII, Issue 26671, 4 March 1952, Page 7

SYDNEY WOOL SALE

Pricfes “Distinctly Firmer” - (Rec. 11.20 p.m.) SYDNEY, March 4. At the Sydney wool sales to-day the m&rket was distinctly firmer with Merino values tending in sellers’ favour compared with the Sydney •ales on February 25. Comebacks and crossbreds were both firmer with values par to 5 per tent, higher than the Sydney sale of February 25. ‘ Competition improved with British buyers operating with more confidence. The Continent again took the bulk of the offering. Japan operated cauti"S' 12.096 bales offered, 12,008 wete| Cbmebacks and crossbreds comprised teroximately 20 per cent, of the offerpl- Top price was 170 d for eight of attractive greasy Merino At Melbourne Competition was keen, mainly from the Continent, Britain, and America, *t the Melbourne wool sales to-day. Compared with closing rates recorded last week in Adelaide, Albury Merinos •dvanced 2i to 5 per cent., while crossbreds were fully flrm. A feature was the animated demand for skirtings which were relatively very dear in comparison with corresponding fleece lines. There was practically a total clear•nee of the 11,800 bales offered. Prices were:—super Merino combing fleece, 70’s and up. 103 d; super Meriqo tombing fleece. 64/70’s, 102jd; crossbred eofebing fleece, super 60/64’s, 103 d; erogsbred combing fleece, good to super 58 s, 66d; crossbred combing fleece good 50’s, 52id; crossbred combfog fleece, good to super 46/50’s, 51d.