LONDON WOOL SALES.

Dominion, Volume 2, Issue 503, 10 May 1909, Page 8

LONDON WOOL SALES.

"!'::;3 !■ ASniATEKV^,' ; '" (it tElEOKips—PEiss ißsoCTATioN^oroniiairr;) .-,-. ■'.';■■!..'.; <~-[- ■:■;■!,:,-'.',',."■'. .':''■'■." ;'•... London,-. May .6. ;/ThbJ, Wol'market isVTery.. animated. Prices for everything, are; hardening.:- r, -j ",':■'■. ■'•■ .: . : >lTho Pahikan. clip realised 83d.-per lb., arid Ktrqi'B{d.!'!'',,'!' ,':•' .';:'-; .":'-;; ; : : :.. '. :;'-j.There'is strong'.Amerjcan competition for all -spfta.■.•.;';;•;,:". -. :'•■!,;;.:■ ;„i'. ■--'V- : . ;:,:''.': '. ;.>Messrs.t]llurray, Roberts' and Co; have received •',; the -following .wool'•' market:■ cablegram .from^their London.agents,' Messrs. I Sanderson, - ilnrrar'.arid.Co., dated/May 6:—"The market is : ] veryvfirnucompared with 'thp close of the" last; London-sales.. Coarse to 'medium: greasy CMs£bj;eds iswtable and good to oxtra' good merino have: advanced'lo to 15 ! :per':'cent.r;:.;i?aulty.' "and inferior- scoured .merino ...shows ; no ■ material .changoV" .:.- : . Co.,,Lid.V'Wellington;. : ;havevreceived!ithe':following; advices by cable 'from "London,'dated (May 6:— . :'.'. -!-.; """'-■-.'. ....' ■i'-j:.The wool: sales', continue firm, with an:up:ward.;. MicesrforYmerinb wools' are .at.Jrar :tb;s' percent, higher, "except for short and faidty-;descrip,tidns;';whio]i;afe unchanged. .Amerioan^buyers:are. operating, freely.' 'Merino and 1 crossbred/, wools, ,40s; and. over, .-arid' < wools suitable fohAinerica; lGito IS-'.per; cent, higher ( 'a3'compared -with.tkb closing rates of March", series;'.. The 'advance ;iri,prices vis very marked - ;in .the; casbAof; crossbred ''wools' of 'mediumi ;>- i '/i.'J : ; ;'■':■-::'; \ ; /■'■/;'' : !& :'•:/■ ~"■:; ;r;'.-;;-w. < ; ;:: ; .T3ie';'New, -Zealand 'Loan'. 1 ' arid- 'Mercantile 'Agency-Company, Ltd., ■: has-.'received' the ■ following :?;toblegramv from: ;its ■' -London house, - sunder v-rndars' ; .with .last-; sales'. 1 - closing ; rates..prices.:;'arb: about -10 per cent.., higher for,: greasy'merino; super/ ;5: per ,cent.':.to: 1\ per: cent, higher Ifor merino: : scoured and-medium, greasy merino, and about : the/same-;.forfaulty v descriptions. -Sales gain 'firmness-as ,they progress. '-.':. !,'••