LONDON WOOL SALES.

Auckland Star, Volume LIX, Issue 236, 5 October 1928, Page 4

LONDON WOOL SALES.

CLOSE OF SERIES

DISAPPOINTING SALE

(Australian and N.Z. Press Asrociation.) LONDON, October 4. At the wool sales the final offering comprised 7052 bales, of which 2744 were Australian and 1781 New Zealand. There was a miscellaneous selection of all descriptions. Crossbreds were in limited supply and there was an average selection of slipes. New Zealand Reomoana 27d to 24Hd. On the series as a whole the market was weak and erratic. Competition was slack and inanimated, while withdrawals ?? keavy. Continental support for Merinos and fine crossbreds improved last week. Best Merinos and finer crossbreds showed 7% per cent decline compared with July. Others' dropped 10 to 15 per cent. The Australian strike has necessitated a rearrangement of the selling pronpw'nmni u considerable volume of the rn? I Bchedu'ed for sale before Christmas must be carried over the New Year. ton e ra b,?t rd ., ehoWS - a sli * ht, y improved E 46d MW£ S J S E? aIL Quotations:

DALGETY'S cable

te 8 r rr" house, dated October 4-— London not seem to be much confidence fn tlt! ;"E ke V, c \ As . compared with closing BeneS ' gVeasy memo wer e 8 Tii lower, scorned merino 3d to M lower, greasy half bred 2Vid to I lower. Greasy crossbred, fine, 2d to 3d lower, greasy crossbred, medium, 2>/d to •; ,j l°"Y' Sreasy crossbred, coarse. 2 1 , id to 3d lower; scoured half-bred, 3V z d to 4,3 d. lower; scoured crossbred, good 3d to Id lower; slipe halfbred, 3%d to 4d lower; greasy lambs,, lVfcd to 2%d lower. Quotations were: —Halfbred (56-58). good to super, 24d to 27d: low to medium, 19d to 23Vad; halfbred (50-56), good to super 22d to 24d ; low to medium, lSd to 21M:d. ' Fine crossbred (48-50), good to super '■M to 21Msd; low to medium, 16d to lSVid;' lino crossbred <46-48). good to super, IHd to 20d; low to medium, 15V6d to 17% d; iMfdium crossbred (44-413). good to super, li'/ad to 19d; low to medium, 15d to 17d: ( , : !i lse cross bred. 40d to 44d: good to super, K;,id to 18d: low to medium, 14'/ad to , j crossbred (36-40). good to super, 16d to 17V2d; low to medium, 14d to 15% d. Quotations for super, 36-40 to 46-48, largely nominal. 1,.,| n totiil quantity offered was 140.445 tri~l } hG , Continent bought 55,500 bales, h-.i™ .w 3 . s '?°°' America 1000. 39.500 \voi e -i foi ™ rd ' of which 9500 bal eg •■•wd. Sales totalled 92,000