FINAL VERDICT OF COLEMAN STREET.

Marlborough Express, Volume XLVII, Issue 143, 19 June 1913, Page 3

FINAL VERDICT OF COLEMAN STREET.

[from otjr correspondent.^

LONDON, MayJ 9.. Last Wednesday saw the finish of the third series of Colonial sales, ■buyers generally being glad to get home. The series has not been an unduly long one for this time of the year, but considering the weights of mx>l which are in consuming centres, we think that fourteen days were <quite sufficient to allow the buyers to meet all their wants, and taking things in the aggregate Aye think the final results are creditable. As could «only be expected, the. catalogues iiowards the finish contained a big .selection of miscellaneous wools, mostly suitable for home trade purposes! The last three diays of the :Serios saw no slackening whatever in the competition; in fact, we.thought thai'"buyers were keener than 'ever, .although they were not disposed to pay advanced prices. Still,, the auctions have been marked throughout with exceedingly good competition, and the final results cannot but be regarded as satisfactory. Possibly some of the firms watching Colonial interests were looking for further advances, but when all is said and done we think in view of the many adverse factors which the trade has had to face, that the work accomplished is creditable. It should 'be borne in mind that both the home and Continental trades have big .stocks at home; in fact, nobody really was in want of raw material. . Still, buyers have all realised that what they bought, to-day would probably stand them in good stead later in the year, and this has been tho prime factor in inducing the., majority to operate. Many have looked upon the recent series as si- time to /'pick up," .but we are afraid that' very few cheap lots have been secured., there being one unanimous opinion that avool has sold at top market values.