WOOL SALES.

Otago Witness, Issue 2396, 1 February 1900, Page 30

WOOL SALES.

The New Zealand Loan and Mercantile Agency Company (Limited) have received Hie following London cable message dated January 26 : — " Wool. — The sales closed firmly this day. Since close of last sales prices have varied as under : — Merino, greasy super, id to Id lower; greasy medium and inferior, Id to l£d lower ; scoured super and scoured medium and inferior, l£d to 2cl lower. - Crossbred, fine greasy, Id lower ; fine scoured, Id to l-^cl lower; medium scoured, Id lower ; coarse scoured, W lower ; medium greasy, par to ' z d higher; coarse greasy, par to id higher. ' Messrs Dalgety and Company (Limited) have received the following cable message from their London office under dale 26th inst. : — "The wool sales closed firm without further change. The total colonial >vool available — including old stocks — was 144,000 bales, of which some 4-7,000 boles have been sold for Home consumption, 36,000 bales for the Continent, 4000 for America, leaving 57,000 bales to be carried forward to the next series. As compared with closing rales of last series, prices of super greasy merino, on the average 5 to 8 per cent, lower, while other descriptions of merino are 10 per cent, lower. Fine crossbred is 10 per cent, lower on the average^ while for other descriptions prices are on a par with 'closing rates of last series. Have sold only a portion of many clips."