LONDON WOOL SALES

Otago Daily Times, Issue 27042, 29 March 1949, Page 7

LONDON WOOL SALES

All crossbreds showed an easier tendency at the second day of the London wool sales, states a cablegram received bv the Dunedin branch of the Bank of New Zealand. Compared with the last London sales best merinos were at par, while prices for heavy burry types were 'll per cent, to 10 per cent, lower. Prices for fine crossbreds were par to 5 per cent lower and medium crossbreds were 5 to 7 1 per cent, lower, while scoured wool generally was 5 per cent, lower. Prices for other sorts were fully 10 per cent, lower than at the close of the London sales in February. The market for sliped early pulls was good. Quotations;—

Merinos, G0/64's — , 61 to 64 Average Fine Halfbred, . 58’s-56/58’s — 50 to 53 Good Average , 43 to 49 Fine Crossbred, 50’s-48/50's — , 27J to 30 Super . 26 to 27| Average Medium Crossbred, 46's-46/48-48’s— 24! . 26 J to to 2t>2 27£ Super Good .. • • «■ • . 24! to 26 Average . 22 i to 24 Fine Crossbred Hoggets, 50/54's — to to 44. 40 Super Good 42 37 Average 34 to 36 Crossbred Lambs— to 36 Good 34 Average 32 to 34 First Crossbred Pieces— . 20 to 23 Average Crossbred Bellies— to 20 Average , 18