WOOL SALE IN SYDNEY

Press, Volume CIV, Issue 30856, 15 September 1965, Page 11

WOOL SALE IN SYDNEY

Keen Overseas Competition

(\ Z. Press Assn —Copyright) SYDNEY, Sept. 13. The Sydney wool series No. 3 began today with strong and widespread competition from Japan and the Continent, supported by the United Kingdom and Australian mills.

The market for all descriptions of Merino fleece and skirtings, when compared with the closing level of values obtained in Newcastle and Goulburn the previous week, ruled in sellers' favour. The greatest appreciation was shown for better-style, fine-

quality wools. Under keen demand, values j a for comeback and crossbred |, a wools showed a hardening n tendency, while carding types v remained fully firm. t The selection comprised 1 mainly good and good to c average topmaking wools, with a proportion of average c spinners. The wools were of 1; fair to good length, medium I to fine quality, in good con- ( dition and carried a variable I degree of vegetable fault, € with some free wools in- t eluded. About 1100 bales of comebacks and crossbreds of j z average style were submitted ' f In all, 11,653 bales were i offered and 11,379 bales, or ( 97.65 per cent, were sold at ■ i auction ! I