LONDON WOOL SALES
IMPROVED PRICE FOR NEW ZEALAND CROSSBRED. REDUCED B.A.W.R.A. OFFERINGS By Telegraph—Press Assn.—Copyright. Australian and N.Z. Cable Association. (Received July 27, 5.5 p.m.) LONDON, July 26. Tlie ‘ ‘'Bawra’ ’ aind free, or mixed, wool, sales to-day showed that merinos met with good Continental competition, mainly from Germany. A very good selection of New Zealand crossbreds secured full late rates. Scoured® and stipes sold better. Prices: Isasdewns 16id to 16d ; “Thornledgh” 31d to 30d; Meetberrie Murchison., 141 d to 14d; New Zealand “Ohoka” 22d to 19d. HIGH COMMISSIONER’S CABLE. PRICES RECOVERING. Tho High Commissioner cables as under: —“Wool: Sale continues. At the beginning of this week New Zealand crossbreds, particularly medium and coarse, showed further decline, and withdrawals fairly numerous, principally among faulty and inferior .sorts. Later better support forthcoming from Home trade and with the Continental buyers taking suitable lots, less withdrawals occurred and price recovered part of ground lost. Merinos continue in aiobive demand. This week’s “Bawra” offerings consisted Australian, nierino, greasy, 11,600 bales, scoured 2400 bales; crossbreds, greasy, 900 hales, scoured 700 bales; New Zealand crossbreds, greasy, 2550 hales; scoured’lßso boles; slltiipe 950 hales, reconditioned 300 bales. “Bawra” has decided to reduce offerings next week Dy -withdrawing description least in demand, but announce® that limit will he sfcriobly maintained. No alteration is to be made in free wool programme next week.”
FREE AND B.A.W.R.A. OFFERINGS Messrs Dalgety and Co., Ltd., report having received the. folioring cablegram from their London office under date of 26th inst.: —“Next public wool sales take place on August 30th. The list of arrivals closed June 20th. Offerings amount to Australian free 18,302 bales, New Zealand free 30,306 bale®, Oa.pe 600 bales, South American 36,500 bales, “Bawra” offering 60,000 bales.”
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Bibliographic details
New Zealand Times, Volume XLVII, Issue 10964, 28 July 1921, Page 6
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287LONDON WOOL SALES New Zealand Times, Volume XLVII, Issue 10964, 28 July 1921, Page 6
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