LONDON WOOL SALES.

Wanganui Chronicle, Issue 20085, 20 May 1914, Page 6

LONDON WOOL SALES.

Dalgety and Co., Ltd., Wellington, have been advised by their London office by cable dated the 16' th inst-, reading as'follows: — Wool soles closed active. Competition is brisk and buying general from all quarters. As compared with the last sale's closing rates: Merino greasy super, par to 5 per cent higher; ditto medium to greasy, 5 per cent higher; ditto other descriptions; par to 5 per cent higher; ditto super, scoured, unchanged; ditto medium to good scoured 5 per c?nt to 7£ per cent higher; ditto faulty, scoured, unchanged ; fine cro.-sbreds,* greasy 5 per cent to 7£ per cent higher; medium crossbreds greasy, any change is in the seller's favour; coarse crossbreds, greasy, par to 5 per cent; higher; seedy woolSj scoured, 5 per cent higher; fine crossbreds, scoured 5 per cent higher; other descriptions scoured unchanged; slipe wool pur to 5 ]>3r cent higher. The total net quantity available amounted to 190,000 bales.' Sold to America 24,000 bales; sold for Homo consumption 121,000 bales; sold to the Continent 40,000 bales; not offered 3000; carried forward 2000 bales.

Wellington, May 19

FIRE INSURANCE IN LONDON

la London the fire offices j'.iv <>MjVo:l to contribute to the upkeep <;i' l-" firo brigades, and this has th«- inter' st;r.g effect that tho total amount, iri^mnl in tho Administrative County in iucessarily mado public, and tbe return thus s,Wes information which would not otherwise bo available. In 1912, the hist year on record, tho total at risk with the various companies reached the great sum of £1,132,491,000. The amalgamations cf the last few years have greatly changed the order in point of magnituclo of tho various offices, and this is further complicated by the fuel .-hat whilo the figures of some of tho subsidiaries are included in those of the parent company, a number st:!l appear under their own names and issue separate reports. Making die nerdful adjustments for this it is found t]n\t the chief weight of tho risk is shouldered by the following five companies:— Alli=inco £230,740,000 Commcrciiii Union 120.512.000 Sim — ... 116,542,000 Royal ". 70,923,000 Phoenix 07,736,000 _____ I W| £626,483,000 The assessment is at tho rate of £3j per million at risk, so that the Alliance pays £8,775, while the Welsh Baptist and tho Farmers', between them, pay 3d., an expenditure which is decidedly worth making for tho privilege of being in such good company.