LONDON WOOL SALES

Evening Star, Issue 21711, 4 May 1934, Page 7

LONDON WOOL SALES

GOOD GENERAL COMPETITION Press Association—By Telegraph—Copyright. LONDON, Mar 3. (Received May 4, at 10.30 a.in.) At the wool sales 6,721 bales acre offered, including 5,305 from New Zealand, and 5,298 bales were sold. There was good general competition. The bulk was sold at steady rates. New Zealand greasy merino, “ Birchill,” Marlborough, top 20d, average 17Jd; scoured merinos, ‘‘Flock Hi 11,.” 31d and 29£d. .Messrs Murray, Roberts, and Go. Ltd. hate received the following wool market cablegram from their Loudon agents (Messrs Sanderson, Murray, and Elder Ltd.), dated 3rd inst:—Sales continue with a good tone, improved competition all descriptions: market firm, with upward tendency. The Bank of Australasia has received the following cable from Messrs Balme and Thomas, London, dated May 1: London colonial wool sales, merinos par to 5 per cent, cheaper, fine cross-breds 5 per cent, cheaper, medium crossbreds 7-i per cent, cheaper, coarse cross-breds 10 per cent, cheaper, slipes 5 per cent, cheaper below last series’ closing rates. Dalgety and • Co. Limited report The Loudon wool market continues more active, with the market showing a hardening tendency as compared with the opening rates of this series. BRADFORD MARKET Press Association—By Telegraph—Copyright. LONDON, May 3. (Received May 4, at 10.10 a.m.) Bradford is, steadier owing to the London opening being better than generally expected. Quotations: 70’s, 38id; 64’s, 37jd; 60’s, 35d; 56’s, 25*d; 50’s, 19d; 46’s, 14*d; 40's,.lljd.