WOOL MARKET ACTIVE

Dominion, Volume 27, Issue 9, 5 October 1933, Page 12

WOOL MARKET ACTIVE

Firmer Tendency in London

STRONG COMPETITION By Telegraph.—Press Assn. —Copyright. London, October 3, Gfferin" at the wool sales to-day were 10 344 bales. including 6126 bales New Zealand. About 8700 bales! were sold. Stroll- Home and Continental competition marked the sale ror all descriptions of wool, and the market showed a firmer merinos from New South Wales made 18(1.; from Victoria, 20/Jd.. and trom W Sco C ured’ U Queenrfand’ merinos made 251 d., and scoured South Australian niersales included “Otematata” S eoured selling at 25d. lugip Sasy“ half-ted'bAniicd “HA” realised laid.

SYDNEY SALES

Market Very Firm

By Telegraph. —Press Assn. —Copyright

(Received October 4. 9.30 p.m-) 1 Sydney, October 4. it the Sydnev wool sales, 12,578 bales were offered, and 11,715 sold at Miction, also 567 privately. There was ammatec. competition in all sections, the market belli" very firm for all descriptions, and <mn/i pl ph rances were made* ° Greasy merino sold to 24Jd., constituting a fresh record for the season, which was secured for eight bales from Moree. Bell Hooper Cromwell Bell Hooper Cromwell Gold, Limited, in its report for the week ended September 30 says the main face drive was advanced' 20 ft. on a still rising bottom Largo boulders met with are giving some trouble, and the drive will be stopped meanwhile and a start made with No. 3 cross drive E. The No. 2 cross drive E. was advanced 13ft.. and showed fair gold nrosnects. No. 1 cross drive K. wns not worked during the week. The No. 2 cross drive W. advanced 19ft„ completing this drive to the boundary. The bottom rose ranidly to back of drive, and showed fait prospects of gold. Several cross drives were also in hand W. of mam drive, and showed fair prospects of gold. The amount of gold recovered for the week was soz. 3dwts. FROZEN MEAT TRADE Retail Prices in London The New Zealand Meat Producers’ Board has been advised by its Loudon manager that the following retail prices were being quoted for New Zealand lamb nnd mutton retailed in London during September, 1933. These prices represent a fair average of the prices quoted by the better-class shops in London for the best quality of New Zealand lamb and mutN.Z. Lamb. Per lb. ■ <l. ]>g S 12 Shoulders 1° Loins ’-Ji Necks ' J) Breasts o Forequarters Hindquarters IDS N.Z. Mutton (Wethers). Legs Shoulders Loins ( Necks 4 Breasts “

BASE METALS MARKET

Pi-ices Slightly Easier

By Telegraph.—Press Assn. —Copyright. (Received October -1, 8.50 p.m.) London, October 3. The official London (middle) quotations for Tuesday, as reported by the Australian Mines and Metals Association compare ns under with those previously

Sl Standard, per oz. . ISI<I p ino I»LS-lCd (■American, not quoted. •American, not quoted.

cabled: — Copper— Standard, spot ... Standard, forward ♦Electrolytic to Per ton. £ s d .15 10 7} 35 14 41 38 15 0 3!) 5 0 30 5 0 Per ton. £ K d 35 4 41 35 8 9 38 10 0 39 0 0 30 0 0 Lend — 12 13 11 11 18 9 12 3 0 12 0 3 Spelter— 16 17 6 16 13 9 17 9 17 1 3 Tin— fSpot ♦♦*•••• Forward 222 n .12 fi 6 221 221 3 9 6