LONDON WOOL SALES.
The report of the recent London wool sales furnished by the High Commissioner to the Department of Agriculture, states: "London wool sales closed Friday. After the decline of first few .days, and notice of curtailment of series by four days, buying became* more active and general, with values closing at best point. Compared with closing rates of last series, merino,, super, par; other merino, %d to 3id; fine crossbred,,par to %d; medium and coarse crossbred, %d to %d lower; lambs, par to %d higher; slipe, fine Id to VA&, medium %d, coarse %d lower. Average closing values:l —Merino, 64's. super, 9%d to 10% d (nominal); average, 7%d to B%d; 56-58 s, 9%d to ll%d; 50-56's, 7%d to 9d; 48-50's 6d to 6%d; 46-48's, 5y 2 d to 6d; 44-46's, 5d to 5%d; 36-44's, 4%d to 5%d; lambs, 7d to Bd. There were 70,000 bales sold, Home trade taking 38,000 and Continent 32,000; 97,000 bales held over, including 88,500 bales not offered. Next series commences 24th May."
The Bank of New South Wales' London office advises, 22nd April:—"Wool sales closed to-day, fine crosbreds 5 per cent., medium and coarse very firm at 10 per cent., slipe lambs rather dearer at 10 per cent., below March closing prices; good competition."
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Bibliographic details
Evening Post, Volume CXIII, Issue 98, 27 April 1932, Page 12
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211LONDON WOOL SALES. Evening Post, Volume CXIII, Issue 98, 27 April 1932, Page 12
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