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Messrs Dalgcty and Co. have received the following cablegram from their head oflice, dated London, 24th September : " The wool sales opened with a large attendance of buyers, who competed with great animation. The catalogue was a small one, and the selection of wool offered poor. Prices in general, with the exception of cross-breds, show a rise of id per lb compared with closing rates of last series. The change in tbo value of cross-breds, if any, is in sellers' favor. We estimate 230,000 bales as being probably available including old stock." Tho New Zealand Loan and Mercantile Agency Company, Limited, have received the following telegram from their London office, dated 24th inst. :—" The sales opened this day at prices ruling in sellers' favor. Attendance of both Home and foreign buyers is good, and competition by both is active. The total quantity available, including wool held over from last series, is 276,000 bales, 50,000 bales of which ha\e been forwarded to the manufacturing districts direct."

Messrs Murray, Roberts, and Co. have received the following cablegram from Messrs Helmuth, Schwartze, and Co., dated 24th inst.:—"The sales opened with large attendance of both Home and foreign buyers. Competition is animated, and prices are, on the average, higher than close of last series. Total available, including old stocks, 225,000 bales."

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Bibliographic details

THE LONDON WOOL SALES., Issue 8021, 25 September 1889

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THE LONDON WOOL SALES. Issue 8021, 25 September 1889

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