BUOYANT MARKET
LONDON WOOL SALES
IN SELLERS' FAVOUR
(Received • May 13, 9.30 a.m.) : ' '. ' . '■' LONDON, May 12. Total offerings at the .wool sale today were 8487 bales, including 6151 bales New Zealand. ' \ About 7401 bales were sold. The. market retains its. firm" tone, and ■there was-active Home and Continental competition. ■ ' The offerings were readily absorbed. Prices are moving in sellers' favour. _ The-finer growths of wool are now 15 per cent, above the closing rates of the last sales held in March. , Realisations include New I Zealand greasy crossbred, "J in G," lOd highest, S%d average; scoured i merinos, 'Mount Edward," 19d highest, 18% d average. The Bank of New Zealand,'produce department, has received the following advice from its London - office, under date May 12:—''Current-yaliies-are as follows: : Merinos,-super, 60/64'sV12d to 13d per lb, ordinary,: '60/64's, 9V4d to 10% d per lb, inferior, 60/64's, 8d to B%d per 1b; haltbreds, 56's lOd to l^d . per lb, 50/56 s 7%dto B%d per lb; crossbreds, 50 s 6d to 6%d per lb, 48/50's 5%d to 6d per lb, 46/48's 5d to Mid per lb,; 44/46's 4%d to sd!,per lb, 40/44's Wz& to 4%d per lb, 36/40's 4%d to 4%d per lb."
BUOYANT MARKET
Evening Post, Volume CXV, Issue 111, 13 May 1933, Page 14
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