LONDON WOOL SALES

New Zealand Times, Volume XXXIII, Issue 7977, 7 December 1911, Page 4

LONDON WOOL SALES

CROSSBRED PRICES HARDENING. By Telegraph—Press Association—CV'pyrlrbs LONDON, December 5, There was spirited bidding at the wool sales. German buyers were active. For best merinos there was an American demand. Prices are hardening for crossbreds. "Glendonald” clip realised: Top price 12d, average 10£d. PEIYATE MESSAGES. Dalgety P-nd Co., Ltd.''Wool sales continue Arm and active with brisk competition Merino wools, medium sorts scoured are 5 per cent higher. Crossbred wools are also 5 per cent higher. The quotation for Bradford tops at the end of December trbm 36's up to 70’s are the same as at the end of October, with the following excepbjona: _43*ji show an advance of id. 50's a decline of id, 56’e a decline of Id, 58’s a decline of id, 64’s and 70‘a an advance of Zealand Loan and Mercantile Agency Oo Ltd."As compared with last ea’es cosing rates prices are higher by about par to 5 per rent, for lambs, greasy merino med’imi, coarse greasy crossbred, scoured merino super, greasy merino inferior, and greasy croesbrea lambs: higher by about 5 per cent, for scoured merino medium, orresnred stipe, fine greasy crossbred, fine crossbred ellpe and fine scoured crossbred: higher by 5 to 7i per cent, for scoured merino inferior, coarse scoured crossbred, medium greasy crossbred, medium crossbred slipe, and medium scoured crossbred. The salee- progress firmly. There is a fair American demand for crossbred wool.'*