LONDON WOOL SALES

Evening Post, Volume CXV, Issue 63, 16 March 1933, Page 14

LONDON WOOL SALES

RATES MAINTAINED (Received March 16, 12.5 p.m.) LONDON,' March 15. Total catalogues offered at the wool sales today were 8772 bales, including 3280 bales New Zealand. About 7150 bales were sold. The sale is described as good with sustained Home and Continental competition. Opening rates were fully maintained for the liner growths, and occasionally were in sellers' favour. Sales included: New Zealand greasy merinos, "Dumpree," Uttd highest, 10 5-Sd average per pound. • Messrs. Murray, Roberts, and Co., Ltd., are in receipt of the following wool market quotation from, their London agents for opening of March series with closing of February series, as follows:— March. -Feb. Porlb. Perlb. N.Z. Merino, 00/64's yielding 48 per cent S%d None Hatfbrcd, 58's yielding 60 percent lO^d lid Superfine crossbred, 50's yielding 65 "per cent. .. 7 1/4 d BV4d Fine crossbred, 48/50's mixed prep, and card. yielding 70 per cent.' 6%d ~%d Fine crossbred, 46/4S's mixed prep, and card. yielding 72 per cent. .. sYid 5%d Medium crossbred, 44/40's preparing j'ielding 74 per cent :... 5d s^d Medium crossbred, 44/46's . carding yielding 72 per cent.' ~ 4%d .5Ud Coarse crossbred, 40/44 's yielding 73 per cent 4d iVzd Low crossbred, 36/40's yielding 75 per cent. .. None 4%d The Bank of New South Wales is in receipt ■of the following cable, message from its' London; office.-dated March 14: "London wool sales. Merino 5 per cent, and crossbreds 10 per cent, decline on last sales' close." '■