LONDON WOOL SALES

Nelson Evening Mail, Volume LXXII, 30 January 1939, Page 12

LONDON WOOL SALES

DEMAND LESS ACTIVE LONDON, 27th January. At the wool sales 9037 bales were offered, including 3172 from New Zealand, i and 7265 were sold. For a good seleo--1 lion the demand was less active, bids of- ! ten failing to reach the sellers’ high limits. New Zealand slipe crossbred lambs from Pareora sold at 12*d a lb. RAW MATERIALS LONDON, 28th January. Friday’s closing prices for the following raw materials were as follows, those for 21st January being shown in parentheses;— Cotton.—Liverpool quotation. good American middling, spot, 5.10 d a lb (5.18 d); February-March delivery, 4.73 d a lb (4.83 d). Rubber: Para, 63d a lb (7d); plantation smoked ribbed sheet, 7 11-15 d a lb (8d). Jute: February-March shipment, Indian jute, Dundee quotation, £2l 12s 6d a ton (£2l 15s). Copra: February-March shipment, sun-dried South Sea, to London or Rotterdam, £9 10s a ton (same); smoked, to Marseilles or Genoa, £9 7s 6d a ton (same); plantation Rabaul, to London or Rotterdam, £lO 5s (same). Linseed oil; £25 10s a ton (£25 ss). Turpentine: cwt (33s 6d). SYDNEY STOCK EXCHANGE SYDNEY, 28th January. Sales on the Sydney Stock Exchange to-day included:—Commonwealth Bonds, 4 p.c., 1941, £lOl 12s 6d; 4 p.c., 1950, £lO3 17s 6d; 4 p.c., 1955, £lO3 5s Od; 4 p.c., 1957, £lO3 Ss 9d; Commercial Banking Co. of Sydney, £l9 19s Od; Bank of N.S.W., £29 16s Orl; Tooths, £2 13s 6d; Australian Gas A. (old), £7 6s Od; British Tobacco (N.Z. delivery), £2 6s 9d; Broken Hill Proprietary. £2 14s 3d Cash Orders Amal., 15s 3d; Colonial Sugar, £45 10s Od.