LONDON WOOL SALES

Wanganui Chronicle, Volume 79, Issue 281, 27 November 1936, Page 11

LONDON WOOL SALES

ACTIVE GENERAL BUYING LONDON, Nov. 25. At the wool sales 8045 bales were offered, including 3334 from New Zealand and 7736 were sold. There was a good very selection, with active general buying at strong rates which were frequently 5 per cent, above the recent levels. New Zealand slipe halfbred lamb, Kaiapoi, top price, 22id; average 19 7-Bd. Messrs. Wright, Stephenson.and Co., Ltd., are just in receipt of cabled advice from their London house regarding the London wool sales, reading as follows:—The sales closed with an average attendance of buyers. The market continues active, competition is animated arid selection good. We quote' the following realisations:— Greasy Merino, 60/64’s, yielding 48 per cent., 16d; greasy fine half bred 56/58’s, yielding 62 per cent., 16d; greasy halfbred, 50/56’s, yielding 68 per cent., 15d; greasy threequarter-

bred, 48/50’s, yielding 74 per cent., 134 d; greasy fine crossbred, 46/48's. yielding 75 per cent., 13d; greasy medium crossbred, 44/46's, yielding 76 per cent., 12Jd; greasy coarse crossbred, 36/40's, yielding 76 per cent., Hid; greasy crossbred lambs, 46/50’s, 12id. Australian Merino prices par to 5 per cent, higher. Sliped prices 5 per cent, higher.