WOOL PRICES HOLDING

New Zealand Herald, Volume LXIX, Issue 21296, 24 September 1932, Page 7

WOOL PRICES HOLDING

FIRM LONDON MARKET iOOD GENERAL COMPETITION LONDON, Sept. 23 At the London wool sales to-day 11/756 iles were offered, including 3935 from ew Zealand, and about 7490 were sold. There was good Home and foreign comstition at full late rates, and some with•awals of speculators' owing to high nits. A New Zealand scouted combing clip, Walter Peak," realised 20d top price, id 17£ d average. BRADFORD TOPS HIGH RATES CHECK DEALINGS LONDON, Sept. 22 The Bradford tops market is firm, but le advance in prices is checking business, 'ollowing are to-day's quotations comared with those for the previous three 'eeks:— • Per lb. Per lb. Per lb. Per lb. Sept. Sept. Sept. Sept. 1 8 15 22 . d. d. d. d. eventies • . . 24J 26 26 26 ixty-fours .. 23! 24 24 21 to 28 ixties . . . 22 23 23 23 'ifty-sixes . . 17i 184 18J 18J 'ifties ... 32 12! 12! 13 'orty-sixes ..10 10! 10! 10! 'orties . .. 9 9! 9! 9! AUCTIONS AT SYDNEY PAST WEEK'S AVERAGES SYDNEY, Sept. 23 At the Sydney wool sales the prices urrent in the past week were:—Merino rea3y fleece: Best, to 19d-; good, 14d a 15d; average, 12d to 13d. Merino: Jearly free of burr, best, 16d to 18d; ood, lid to Merino: Light, seedy r burry skirts, good, 13d to 14d; averge, lid to 12d; inferior, 9d to lOd. -lerino: Burry, good, lid to ll|d; averge, 9d to lOd; inferior, 7£d to B£d. jambs' wool: Best, to 15d; good, 8d to d; average, 4d to 6d. GOLD AND SILVER QUOTATIONS IN LONDON LONDON, Sept. n Gold is quoted to-dag at £5 19s Id an )z., compared with £n 18s lOd yesterday. Silver is quoted at 18 l-16d an oz., spot, ind 18 3-16 d forward, compared with 17 11-16 d and 17 13-16 d yesterday. CANTERBURY MARKETS POTATO PRICES WEAKEN [BY TELEGRAPH—PRESS ASSOCIATION) CHRISTCHURCH, Friday The better tone in the potato marklt recorded last week has not been, maintained, due principally to the heavy cargo which went forward by the Waimarino yesterday. Altogether this vessel took 7600 jacks from Lyttelton and 600 from Timaru, which was a much bigger consignment than was expecied. The result locally is a. weakening in f.o.b. prices to £6 5s a ton, a drop of 5:3 to 7s 6d since mid : week. The Wingatui dife to sail next week and is the last boat of the month. Fowl-wheat is difficult to secure and has firmed up to 5s to 5s Id a bushel at Lyttelton, and 5s at Timaru. Oats and chaff are still meeting with slack demand, oats being quoted at 3s 6d a bushel, f.o.b. southern ports; for A i Gartons. and 3s 2d for B grade. ChaS is quoted at £5 a ton, f.o.b. The 'small seeds market shows very little change, inquiry being limited.

SECTIONS FpR LEASE Seven sections of improved sheep country, about 50 miles north of Gisborne and 12 miles from the Tokomaru Bay. freezing works, will be offered for lease at auction by the Gisborne Harbour Board toward the end of next month. The areas range from 1245 acres to 5354 acres and the greater part of the land comprises firstclass country carrying a large proportion of English grasses.