LONDON WOOL SALES

Evening Post, Volume CXIX, Issue 110, 11 May 1935, Page 12

LONDON WOOL SALES

SUSTAINED COMPETITION

FIRM ON OPENING RATES

(By Telegraph.—Press Assu.—Copyright.) (Received May 11, 11.15 a.m.) •• ;,r ~ ■ , .. LONDON, May 10. Offerings at the woo! sales' today wore 10,445 bales, including' 6166 New Zealand. About 7222 bnles of Australian and New Zealand- were sold. - Good Home and Continental competition prevailed at full recent rates, but there were some withdrawals of inferior Australian sorts. ■ New Zealand scoured merino, "R Company over T" made 23' M per lb highest and 23d average. Greasy crossbred,. ''Glen Carrie" made 9%d, average 7%d; halfbred lamb slipe, "TBS over , Canterbury," 14d highest, 13% d average. LONDON, .May 9. At the London wool sales 10,974 bales were. offered, including 3740 New Zealand. About 5964 bales of Australian and New Zealand were sold. . ■ ■ - There was sustained Home and Continental competition,, with a firm tone. The opening rates were fully maintained. New Zealand scoured merinos, "Braemar," realised 25d and 23% d a lb; greasy crefssbred. "M 8,," ~lo3£d and S 3-Sd. .- The Bank of New Zealand, produce department, has received the .following advice from its London office under date May 10:—Tlie sales continue with opening prices fully maintained. Current quotations for wools of average condition:—Merinos, super 60-64's 13% dto 14% d per lb, ordinary 60-64-'s. 12'vid to :i2%d,. inferior 60-64's lOd to 10% d; halfbreds. ,56's lOd to 10% d. 50-56's-B%d-to-9%d; crbssbreds, 50's 7%d to B%d, 48-50's 7%d-t6-7%d r 4G-48's'6?id to 7d, 44-46's"G%d to 6%d, 40-44's 6%d to 6%d, 36-40's 6d to 6%d; "■ Murraj'; Roberts, nnd Co.. Ltd.. are iv receipt; of the'following wool market quotations.from then-London acents. dated May; 9, showing f May ppteninff rates, com-pare^-.,with March' closine rates given in parentheses:—New. Zealand merino. 60/64' si yielding 48 per cent.. 10% d (9Md); halfbred, 56's, yielding 64 per cent.. 9%d (8%d); superfine' crossbred.' 50's, yielding 70 per.jcent:,;B%d.;,(;7%d,);. fine- crossbred; 48/50's, mixed \ preparing and '■ carding, 72'per cent.',"73£d ;; (OSd); 'fine ■ crossbred, 46/48's,. mixed 'preparing' and, carding,' 74 per cent;Vi.7^'d (6%d)';" rhediuni crossbred, 44/46's,;'- prepaying, -76 per•: cent.,•."■: 6?4d' (6Vid); niSliurn"ci>6ssbrea.'44/46's,\cardhig, 74 per ::ceht,i,-6%d-(554d);? coarse crpss-: bred, 40/44's, ;75,.per- cent,,- 6Hd (5%d); low crossbreel, 36/40's, 76 per ;"cent., noi,ie (5%d). . ..'. '.".*-..:. "" . ' ';■". ':'.

The New^Zeajatkt ' Farmers'' Co-op. Distributing Cotnpai)};'s London office, dated May B:—"London-wool 'sales opened to-, day. Good .attendance .and. competition, and prices: cpmpared .with close pf-:last series are as: follows:' Merinos, greasy, 1Q per cent, to"ls"per/:cent,;'scoured, none;* crossbred,"greasy.fine.-.10. per cent, to 15 per cent.;, medium' arid coarse,.lo . per cent.; scoureds. -10 per cent, to 15 per cent.; elipes,-' 10-' per cent:, all up; quantity available,-127,000 bales.'f '