HOME WOOL TRADE.

Gisborne Times, Volume LIII, Issue 5582, 10 September 1920, Page 5

HOME WOOL TRADE.

IMPORTANT CABLES AS TO PRICES. WELLINGTON. Sept. 9. The following is a copy of a cablegram received from the Director of Raw Materials. London, by the Demrtment of Imperial Government Supplies. Wellington, dated Septemb°‘ /Hie seres of London sales closed on September 3. with a or.od tone for merino ana 4b s to ‘TiS’s but the demand continue*. Slipos and scoured of modluman* iow dualities have proved difficult of sale. We. estimate the current dean scoured wool .prices as undo for top-making grades: C4s. 80d, piy« 7()d • 58 s. GOd ; 06 s, oid , 4SV 40d; 46’s, 28d ; 44’s 25d ; 40’s' 22d : 36’s. 21 d. Quotations for" 44’s downwards are nominal. P.A. The Bank of New Zealand, Gisborne, is advised by head office it has received the following cable from the bank's London office, under date 3rd • hll f rp WO ol sales:— The market, has: closed with good demand for hue crossbreds. otper crossbreds being neg. ec e Frees for super merinos aie o pei cent. , 4:er compared with the opening of this series Current prices are as follows: Superior merinos, 60-64 b, fcuper average condition, l-d to 4Sd; infeimr merinos. GO-GCs. common average condition, 30d to 34d; half or quarterbred, r )( ;- s average condition, i&d to46d; fine f-mssbred 50’s, average condition, oOd 4 34c1; medium crossbred, 44-40 A, averse condition, 17d to 20kl; coarse ermsbred. 36-40’S, average condition, Wl to 161 d.” ■ -