LONDON WOOL SALES

Feilding Star, Volume 4, Issue 729, 11 March 1926, Page 7

LONDON WOOL SALES

BROKERS’ CABLEGRAMS The Bank of New Zealand received tho foiowing advice from • its Loir, don office :' The wool sales have opened with mdenite competition and a large . ateudaneto of buyers. Compared with tho close of last sales prices for all 'kinds .ol ci))ssbred's show no quotable change. Merinos ar© about Id per # lb dearer. Devin and Co.’s cables: The aue-•-lions opened with a . large attendance of Home and Continental buyers. Good competition from Bradford and Continent. ■Compared with tile closing rates of last sales wo quote: Greasy merino best, Id per lb dearer; halt'd reds and crossbreds unchanged; line slipes. Id per lb cheaper; eoarso slips, unchanged; scoured crossbreds id to Id cheafier; scoured merino, Id lb cheaperMurray Roberts and Co.’s sales have opned with good tone; large attendance of buyers; eood com petit ion; all classes operating, i Greii.’-y merino, market firm; scoured merino markets shows no change; crossbred greasy, market shows no change; inferior descriptions -in luvour of buyers ; crossbred scoured, market shows no change; crossbred slipe declined b per cent.

'l’he New Zealand Farmers’ Cooperative Distributing Co.’s wool sales opened to-day. Prices as compared with last London series are: Merinos, par to o per cent, up; crossbreds unchanged; slipe d per cony. down Demand general.