SOME WOOLS ARE SLIGHTLY CHEAPER AT LONDON SALES
LONDON, March 27 (Recd. 7.10 pm) —Outstanding feature of the Londor. wool sales, which opened a three' weeks series yesterday, is the firmness of good style Merino wool at prices unchanged since the Liverpool sales closed a fortnight ago, but inferior Merinos and crossbreds are in buyers' favour, states the Internatonal Wool Secretariat Special News Service. All good-style greasy and scoured Merinos, both combing and clothing types, are fully firm at the best prices of recent weeks, buyers being impressed with the strong position of ' these sorts, which amounts at present I almost to a definite shortage. A large | proportion ot the London offerings, ! however, are medium and heavy burry I Merinos from the Joint Organisation stocks. Inferior burry wools are 5 per cent I cheaper in the Noble combing types ' and up to 10 per cent, cheaper in the i Schlumberger combing sorts. Faulty i scoured Merinos are similarly in buyi ers’ favour and South African Myrinos I and New Zealand medium crossbreds ! are 21 per cent, to 5 per cent, cheaper ! than at the last spot market sales.
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Wanganui Chronicle, 29 March 1949, Page 5
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188SOME WOOLS ARE SLIGHTLY CHEAPER AT LONDON SALES Wanganui Chronicle, 29 March 1949, Page 5
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