WOOL KEEPS UP

Evening Post, Volume CXI, Issue 71, 25 March 1931, Page 12

WOOL KEEPS UP

THE LONDON SALES

HOME TRADE LEADING

(Received 25th March, 11.30 a.m.) LONDON, 24th March,

Aggregate catalogues offered to-day amounted to 10,260 bales, jucliidiilg 2105 New Zealand. Approximately 07li per cent, of the wool was sold.

Large offerings of super to good style greasy, merinos were made, and there was a good supply of greasy crossbrods, but a poor lot of other sorts. Good competition was experienced, the Home trade being principal^ operators, and prices were well maintained. New Zealand greasy crossbreds, "Kimuroa," sold lOd to Olid; HL over W. lOd to 91/kl.

FIVE PER CENT. UP IN SYDNEY,

SYDNEY, 24th March

At the wool sales to-day 10,462 bales were offered, and 10,243 were sold at auction; also 1105 privately. Compared with yesterday the market ruled 5 per cent, higher for all descriptions of fleece and skirtings. The average prices ruling this season in the Sydney w^ool market have been as follows: — Per bale. Pence AVeek ended. £ s. d. Per lb. 27th September .... 11 S 5 8.5 2oth October 10 15 2 S.I 29th November 10 14 7 5.3 20th December 9 13 H 7.Q 31st January 0 7 11 7.3 28th February 12 16 7 10.1 7th March " 13 7 0 10.S AUCKLAND CATALOGUE.

The catalogue for the Auckland wool sale, to open at 0 a.m. on Friday, closed last Saturday with a total of 15,200 bales. The New Zealand, Wool Committee made no limit for this sale.