THE WOOL SALES.

Timaru Herald, Volume XIIIC, Issue 13713, 1 October 1908, Page 5

THE WOOL SALES.

THE SEPTEMBER SERIES. PRICES TRIFLE EASIER. Pteas Association—By Telegraph-Copyr'gln Received 9.58 p.m., Sept. 30th. LONDON. Sept. 30. Buxton. Dueroz ami Balnie's jo nt catalogue "at the wool salt's was 13.379 bale*, including 7295 bal.u of New Zealand wool, largely slipw; and scoureds. There w;u; a full attendance of buyeis, including the Americans. Their »'& keen coiu|>-t ition fiom all quarters for all the best wools Compared with the July drying rates, good merino was unchanged, faulty and shabby wer.- at jur to 5 per cent, easier; fine cpissbreds w«-r<- unchanged: coarse greawtti were 5 per cent. easier; sliptu and scoured 7j |x-r ceut. easier.

Tin- National Mortgage ami Agency Company of New Zealand ha.ve advice that at the London wool Bale*, which opened yesterday, the market wan steady, t litre "being a good demand for coarse to medium and cdipe.s; faulty unchanged.

The Canterbury Farmer*' Co-o|>erative Association. Ltd , an- in Kct-ipt of the following cable fn.m their London office, under date September 29th, 19C8: - Jhe wool sales ojx-iH-d to-day. aw! prices as compared with closing riles of laist t>-rioi are, medium and coan*e crossbred at. pur i<» 5 per cent. cheaper, uicrino and halfbn-d unchanged. iirokers do not. recommend holding wool over until November wles."

Messrs Dalgety aud Co. have received the following cable. inef-sag.- dated London, September 29tli-"Tli.* wool sales opei»«*l with a goixl selection. 1 here wat> a large attendance of buyer*, ami animated com lx-tition. As compared u ith cloMiig rates of bait series, prior, of merino wools gene rally, and tin--, medium and coarse cross bled:-, are unchalig.-d. but inferior and faulty lnerinuts and shabby greaxy crom breds are at par to 5 per cent, lower, and filijn- wool 5 lo 74 jier cent, lower.' Tlie Xew Zealand Loan and .Mercantile Agency Company,. Ltd., have r-e.-ived lie" following cable advice from their London hour*- in reganl i>. ilie opening oi llie S-pteinU-r i» nes of the wi>ot sales there on tli.- 29th September: "A* l ouip.u.-ip ttith la-f sale's closing rat.o, pri.-es are atH.tiL par t<- . r > per e.ni. lower for m-riiio. 11... 11 uto and inferior, and gt.-aiy cur:, bred, and ahoul r i per cent. lower for fo-oure.l crn->bred and crossbred !,li|»-. good metiti" inirk-t «; linn ''"he attendance .i: the nalrr, was goo.l. Inn bid ding va- not very keen."