PRIVATE ADVICES

Evening Post, Volume CIX, Issue 112, 14 May 1930, Page 14

PRIVATE ADVICES

ALL KINDS, PENNY DEARER.

Private advices supplementary to the above dispatch, all dated London 13th May, have been received as follows:— , The Bank of New Zealand Produce'Department.—The sales have opened • with strong competition and large attendance of buyers. There is an active demand by all branches-of the trade. Compared with last sales, all kinds of greasy crossbreds are Id dearer. Greasy merino was not represented. .'■".'. " !,-•.- COMPETITION KEEN. Messrs. Levin and Co., Ltd. —The auctions opened here to-day with a large attendance of buyers. Competition is keen. As compared with the closing rates of last sales, we quote: Greasy merino, best Id, per lb dearer; average, fine halfbreds 50 to 56's, halfbreds 48 to 50's, fine crossbfeds 46 to 48's, medium 44 to 46's, coarse 40to 44's, low 36 to 40's, all Id per pound dearer; scoured merinos, 5 per cent, higher; scoured crossbreds, 10 per cent, higher; slipe, lambs 5 per cent, higher, sheep 10 per cent, higher. OPENED WITH GOOD TONE. Messrs. Murray, Roberts and Co., Ltd.— Sales have opened with a good tone; large attendance of buyers; competition keeu; all sections operating freely. ' Compared ■with last London sale's closing rates: Greasy merino advanced.s to 7% per cent., scoured merino advanced 5 per cent.; crossbred, greasy, fine, and medium, advanced 7Va per cent.; crossbred, greasy, coarse, advanced 7Vz per cent:: to 10 per cent.; crossbred pieces greasy and crossbred scoured advanced 10 per cent.; slipe crossbred advanced 5 per cent, to 10 per cent. : : ANIMATED COMPETITION. Messrs. Dalgety and Co. report:—"Wool sales "opened; competition animated fi large ■ attendance of buyers; average selection. As compared with closing rates of laat series, the .following advances are shown: Greasy merino %d to Id, scoured Id to l%d, fine eros-shred %d to Id, medium 34d to VAd, coarse %d to Id. scoured Id to Bid, the slipes %d to %d, other slipes •}id to Id, lambs Id to l%d—all higher."----i A GOOD SELECTION. ( Messrs. Wright, Stephenson, and- Co., Ltd., and Abraham and Williams, Ltd., report:—"Wool sales opened;' exceptionally large attendance of buyers; competition animated; Continental an.l Bradford buyers chief ■ operators; selection good; small proportion New Zealand wool included. Greasy halfbred, 50-56's, 12d;^fine crossbred, 46-48'5,.'10%d; medium crossbred, 44-46's, ]o%d. Slip.cd. prices par to 5 per cent, higher. Australian merino prices 5 per cent, higher to 7% per cent."