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CLOSED FIRM

iLONDON WOOL SALES

' RISE IN CROSSBREDS

jSnitod Trcsa Association—By Electric Telograph—Copyright. (Received Ist April, 12.30 p.m.) LONDON, 31st March. Offerings at the last wool sale of the feerics, hold to-day, amounted to 633S jaalcs, including 3109 bales New Zealand jxvools. The wool may be described as a jniscellaneous selection. The sales have closed firm. A feature of the series has been the fetrong competition from all buying centres. Prices as compared with January closJng sale rates showed merinos, finest, 10 to 15 per cent, higher; average lines, 15 to 20 per cent, higher; faulty and carbonising sorts were fully 10 per cent, higher. Crossbreds, finest qualities, were 25 per cent. up. Medium crossbred wools were 20 per cent, up; lambs, merinos, were 10 per cent, better, and lambs, crossbreds, .were 20 per cent, dearer. The quantity for the series was 159,103 bales. Of this the Home trade took 80,----000 bales,, the Continent 70,500 bales, the United States 1000 bales. The quantity held over was 59,000, of which 50,000 were not offered. The total Australian wool sold was 84,000 bales, and New Zealand £5,000 bales. Realisations of New Zealand wools included greasy crossbreds, "M.P.," O'/id; ■'"Oftara," o'/£d to SVu\; "Ivohata," QVzd. to 0d; "Eur," 3d to B%d.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19310401.2.97.1

Bibliographic details

Evening Post, Volume CXI, Issue 77, 1 April 1931, Page 14

Word Count
208

CLOSED FIRM Evening Post, Volume CXI, Issue 77, 1 April 1931, Page 14

CLOSED FIRM Evening Post, Volume CXI, Issue 77, 1 April 1931, Page 14

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