WOOL SALES

Hokitika Guardian, 14 October 1933, Page 4

WOOL SALES

CURRENT PRICES AT SYDNEY

(Australian Press 1 Association),

SYDNEY, October 12

The average wool -prices current in ihi s 'week’s Sydney auctions were: — Greasy merino fleece, best, to ditto light seed <r burry skirts best 18d to 19d ; goodl6.)d' to 17-vd ; average 14d to 16d ; -ditto burry, best 15d to I6d, inferior lid to 13d ; ditto broken land first pieces burry 14.1 dto 15-Id, inferior 10Id to lljd; ditto bellies, light seed or burry best to lid, inferior 7d to Bd, ditto locks, best to Bjd lambs light seed or burr, best to 16d, -good lid to 12d ; ditto ,burry 9d to lOd ; inferior 4d to, 4 id; comeback light seed or burr, good 16d to 19d, inferior Hid to 12id ; crossbred, light seed or burr, fine 14 d to 17d, medium tLOd to lid, coarse 5d to 6d.

OPTIMISTIC (LONDON COMMENT.

LONDON, October 12

The ‘‘Financial News’’ says*. The, closing of the London wool series proved a general demand for urgent requirements. It is a considerablo achievement for London to clea*' stocks, so advantageously in view of the slight decline in the Australian markets. The general trade trend appears to be towards a higher level of activity, with wool participating- in the general recovery.

URUGUAYAN MISSION TO JAPAN.

TO SUPPLANT AUSTRALIAN WOOL.

TOKIO, October 13

A special Uruguayan mission recently arrived in Japan to attempt to obtain an agreement to supplant Australian wool in Japanese markets. The mission is proposing a reciprocal trade agreement, Uruguay accepting Japanese manufacture's in exchange for its wool.

Uruguay h"s recently opened a Legation in Tokio, at which there have been elaborately entertained at a luncheon, the Japanese Foreign Vice 'Minister and seventy leading business men. / ,