LONDON WOOL SALES

Wanganui Chronicle, Volume LXXXIII, Issue 19841, 16 May 1927, Page 9

LONDON WOOL SALES

AGENTS’ ADVICES. Messrs Levin and Co., Ltd., have received the following cable from their London agents, dated May 13:—The auctions have closed to-day at their best point during the series with buyers operating freely. As compared with the opening rates of this series, all greasy wool is 4d per lb. higher, slipe wools generally show no quotable change. The market is firm. Messrs Dalgety and Company, Ltd., report having received the following cablegram from their London house, dated May 13:—“Wool sales closed active with good competition. Highest point of the series. As compared with closing rates of last scries best scoured merino Id to ljd lower; other descriptions scoured merino par to 2d lower; greasy merino par to Id lower; greasy half bred unchanged; greasy medium and fine crossbred, Id to 2d lower except superior, which is unchanged; fine slipe par to Id lower; other slipe unchanged; merino lambs unchanged; crossbred lambs -Id to Id lower. Offered 96,724 hales, Continent have bought 46,000 bales; Home trade 26,600 bales; America 1500 bales; carried forward 43,500 bales, of which 26,000 not offered. The following is the range of prices:—Merino, good to super, 22Ad; low to medium, 18jd to 214 d; half bred, 56/58, good to super, 22d to 25d, low to medium, 18d to 21d; half-bred, 50/56, good to super, 19d to 22d, low to medium, 16d to 18d; fine crossbred, 48/50, good to super, 16|d to 20d, low to medium, 14d to 16d; fine crossbred, 46/48, good to super, 15Jd to 17Ad, low to medium, 13Ad to 15d; crossbred. 44/46, good to super, to 16d; low to medium, 12£d to 14d; crossbred, 40/44, good to super, 13 hl to 14ld, low to medium,* 12d to 13|d; coarse crossbred, 36/40, good to super, 13d to 13£d, medium to good, lid to 12|d.