LONDON WOOL SALES

Dominion, Volume 31, Issue 151, 23 March 1938, Page 14

LONDON WOOL SALES

Crossbreds In Demand ,

By Telegraph—Press Assn.—Copyright. London, Slarch 21. At the wool sales to-day 6652 bales were offered, including 663 New Zealand, and 4418 were sold. The demand is generally less active, prices tending in buyers’ favour. The small supply of crossbreds offered met with keen competition, but Avithdrawals tvere frequent all round. Levin and Co., Ltd., have received the following cable from their London agents, dated March 21: The auctions continue fairly animated. The market has developed a better tone since the opening, particularly for greasy crossbreds and Sipe wools generally. The following prices are current: —

BASE METALS MARKET

Prices Generally Steady By Telegraph.—Press Assn.—Copy right,. London, March 21. Tlie official London (middle) quotations, as reported by the Australian Mines and Metals Association, compare with those previously cabled as follows:—

Overseas Wheat Markets By Telegraph—Press Assn.—Copyright. London, March 21. Wheat cargoes to-day were lower and parcels were easier. Futures. —London : March, 40s s}d a quarter; May, 39s 54d. Liverpool: March, 6s 73d a cental; May, 6s 8 l-8d; July, 6s l-Bd.; October, 6s 6Jd. ■ Chicago Futures.—May, 66cents a bushel; July, 83 cents; September 834 cents. *

Gold Mining Returns

The Kildare Consolidated Gold Mining Co., Ltd., reports a wash-up for a return of 82oz. 9dwt. 6grs. of gold, the time occupied being 11 weeks.

Merino — Super Average Per. lb. 15d. 12d. to 15Jd. to 13d. Fine Halfbred— Super 56/58's. 13d. to 13id. Average 12M. to 13d. Medium Halfbred — Super 50/56’s 11 id. to 12d. Average lid. to Hid. Extra Fine Crossbred— Super 48/50’s lid. to Hid. Average Wfd. to lid. Fine Crosbred — Super 46/48’s lOJd. to lid. Average 10|d. to lOJd. Medium Crossbred — Super 44/46’s 101d. to lOJd. Average Wd. to 10 id. Coarse Crossbred— Super 40/44’s lOid. to 103d. Average lOd; to 104d. Low Crossbred — Super 36/40's 104d. to 10jd. Average lOd. to lOid. Pieces Sid. to 9d. Bellies Sd. to 81 d. Locks 5-Jd. to 6d.

.Mar. IS. Per ton. Mar. 21, Per ton. £ s. d. £ s. d. Cop per— Standard, spot ... 40 11 lot 40 8 9 Ditto, forward ... 40 15 7i 40 13 It Electrolytic 44 5 0 44 0 0 to 45 0 0 .45 0 0 0 0 45 0 0 Lead— 16 18 11 17 3 14 16 19 44 17 3 ij Spelter— 1-1 18 1J 14 18 H Forward •■•••••> 14 19 44 14 18 14 Tin— tSpOt 1S4 12 11 184 12 6 Forward 184 18 9 1S4 IS :i Silver — Standard, per on. . 20 9-10d. 207-10(1. liMnn 22 3-llid. 22 1-lGd. fAmerlcan, 41.50 cents a lb.