PRIVATE ADVICES

Evening Post, Volume CXXI, Issue 106, 6 May 1936, Page 14

PRIVATE ADVICES

CROSSBREDS UNCHANGED

Dalgety and Co., Ltd., London. May 5, report:—Wool sales opened with fair competition. There was an average selection and good attendance. The Continent was .quiet. As compared with closing rates of last series: Greasy merino, par to id lower; scoured merino, par to Id lower; greasy halfbreds, greasy fine crossbred, greasy medium crossbred, greasy coarse crossbred, and scoured crossbred, all unchanged; halfbred slipes, par to Jd lower. Other descriptions slipes unchanged. NO QUOTABLE CHANGE. The.Bank of New Zealand, Produce Department, has received the following advice from its London office under date May 5: —The sales have opened with fairly good competition and large attendance of buyers, but without quotable1 change in prices. Greasy merino and crossbreds are generally firm but any change is in buyers' favour. MARKET KATHEK IRREGULAR. Levin and Co., Ltd., have received the following cable from their London agents, dated May 5, 1936:—The auctions opened here today with a large attendance of Home and Continental buyers. Good general competition, particularly from the Home trade. Compared with last sale, prices generally show little change, although the market is rather irregular. As at present arranged, the sales will close on May 15. "A GOOD TONE." Murray, Roberts, and Co., Ltd., are m receipt of the following wool market cablegram from their London agents, dated May s:—"Sales have opened with a good tone. Yorkshire buyers are the principal operators. Compared with the last London sale's closing rates, greasy merino and crossbred greasy, for which the market is irregular, are from par to a 5 per cent, decline. For all other descriptions of wool, the market shows no material change." GOOD COMPETITION. The New Zealand Farmers' Co-op. Distributing Company has received the folio wing cable from its London office, dated May 5: —"London wool sales opened today and prices compared with the close of the last series. There was a good attendance and competition. Merinos, greasy and scoured, par to 5 per cent, down; crossbreds, greasy and scoured, unchanged; slipes, unchanged. Quantity available, 91,300 bales." YORKSHIRE CHIEF BUYERS. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cabled advice from their London House, dated May s:— London wool sales: The third series opened today with a good attendance, Yorkshire being the chief buyers. Prices as compared with the previous sales closing rates are par to in buyers' favour, with the exception of greasy merino, which is about Jd to gd lower and slipe lambs, which is Jd lower.