LONDON WOOL SALES

New Zealand Times, Volume XLVIII, Issue 11046, 1 November 1921, Page 10

LONDON WOOL SALES

LEVIN AND CO ’S CABLE. Messrs Levin and Co., Ltd., have received the following cable from their London agents, dated October 28th, 1921: —'Wool sales have closed firm, buyers operating freely. As compared with the opening sales of the October series, the closing sales show average merinos unchanged; fine crossbreds and medium crossbreds id per lb cheaper; coarse crossbreds jd per lb dearer; fine crossbreds sliped, id per lb cheaper; coarse crossbreds sliped unchanged. GOOD COMPETITION. AN OFFICIAL REPORT. The following is the copy of a cablegram from the director of raw materials, London, to the New Zealand wool committee, Wellington, dated October 29 th. 1921:—Sales concluded Friday. Highest point series. Good tone and competition. Total offerings: Bawra, 76,000 (97 per cent, sold); free, 61,000 (9® per cent, sold). Quotations now compared with the dose of the September aeries:—Super greasy merino, 10 per cent to 15s per cent., average 15 per cent, higher; scoured merino,. lO per cent, to 15 per canthigher; merino lambs,. 10 per cent. lusher; fine crossbred. 10 per cent., higher; medium and low crossbred, fully 15 per cent., higher; slips, better de"dosing quotations are for dean scoured Super, 70s to 80s' is sd, 70’s 4s 64’s 3a 9d; topmaking, 70's 3s 7d. 64’s 3s'4d 60's 3s lOd. 58's 2s sd, 56’s 2s, 50’s Is 6d, 46’8 11 jd. 44’s 10d, 40’s 9id; merino carbonising, - good 2s lid. overage 2s sd, inferior le lid; merino lamb 6, good 2a tod. average Is lOd, inferior le 4d. "We offer at Antwerp on November 9th, 39.500 bales Australian." . DALGETY AND CO. / Meesre Dalgety and Company, limited, repent having reoeivod the following cablegram f rom their London house 1 under date of the 28th. instant:—"Wool sales closed firm and active with brisk competition. 96 per cent, of offering sold. English buyers were the principal operators, but the attendance of Continental buyers was larger than at last aeries. As compared with. last sales' dosing rates,. merino wools, scoured, 10 per cent, to 15 per cent, higher; merino combing, super greasy, 5 per cent, to 10 per cent, higher; 60 quality merino combing, shafty descriptions, greasy. 15 Sir cent, to 20 per cent, higher; short ulty merino wools, greasy, 5 per cent, to 10 per cent, higher; crossbreds wools, fine quality, greasy, 10 per-cent, higher; crossbred wools medium quality, greasy, 5 per cent, to 10 per cent, higher; arose•brad wools, ooanee quality, greasy, 10s per cent, higher; crossbred wools, fine scoured, 5 per cent, higher; crossbred wools, medium and coarse quality, scoured, par to 5 per cent, higher; dips, fine crossbred, unchanged; wipe crossbred wools, medium and coarse quality, fiart to 5 Per cent. lower."