LONDON WOOL SALES

Evening Post, Volume CXXVII, Issue 111, 13 May 1939, Page 13

LONDON WOOL SALES

ADVANCES IN CROSSBREDS

t »^^^*g£ d<£g&g& S their London agents, dated May 11:— s ales have closed firm; competition 1^ iast London sales' closing ra t es , greasy merino par to 5 per cent. decline, best descriptions show greatest dec ii n e. Scoured merino, market irregulari shows no material change; cross t> re d greasy fine declined 5 per cent.; crossbred greasy medium, par to 5 per cent, advance; crossbred greasy coarse, par to 5 per cent- advance; crossbred scoured advanced 5 to 7| per cent.; slipe crossbred advanced 5 to 74 per cent. The New Zealand Loan and Mercantile Agency Company, Ltd., have received the following advice from its London house, dated May 11—The third series of sales closed firm today. Australian and New Zealand offerings were 55,450 bales, of winch 48 000 bales were sold. Yorkshire were the chief buyers, accounting for 38,500 bales. As compared with last sales closing rates prices were as follows:-Merino, super j^TO P£ *, *d per Ib, lojjr; crossbred, lambs, fine, par to £d per id W«her; medium greasy and coarse /N,, n i at ; nri e Vn>- emnri avpra^p Npw o^.^ fl # ece wool^S's 10M Sf^f^l^g^M 6?s lSd to lid- 56---l^ lld o Fri to n^ 56's 10° dto lidgj J^^^.^j Jg^^to^ld, gf 10d to 10|d; JJgj. o|d to 10|d;