LONDON WOOL SALES.

Dominion, Volume 3, Issue 735, 7 February 1910, Page 8

LONDON WOOL SALES.

' CLOSED AT TOP- PEIOES. By Teleeraph—Presa Association—Copyright. London. February 4. Tho wool sales. have closed firm, - at top prices for'tho series. i \(Eec.' February 6, 6 p.m.) • • • London. February 5. The wool catalogued during the Beries totalled. 178,282 bales, of which there was sold to Home buyers, 80,000 bales,'to the Continent, 81,000 bales,. to America, 14,000 bales,-and . 500 bales '.were held. over. Average greasy merinos fully maintained December rates,.fine sorts advanced 5 per cent., all-, scoureds advanced .5 per oent. .Fino; crossbreds barely maintained Decern .ber. rates; v coars6 crbssbreds advanced 5 to 10.per cent;; top-making sorts showing tho greatest rise.' Slipes advanced 5 to 10 per cent... Merino, lambs advanced 5 per cent. . The Tapura clip made top pricc of Hid., the' average. iprico being 103 d. ,■; CABLEGRAM FROM HIGH COMMXS- / SIONEE The Commerce and Tourists Division ,of the ' Department . 6f : Agriculture ' has received the following' cablegram; from the High Commissioner, ..dated London, February 4:—"The iwool sales" have:, closed firm, for all grades; Manufacturers are. in wantof supplies. Trade'is., good and-prospects are . favourable. .Estimated closing values for New Zealand, greasy wools are as. follow':—Superior: merino, 131 d. to 15id-; medium, lid. to'iSd.; inferior, Bid. to' IOJd.; fmo crossbreds, 14d.. to-16Jd.; medium, 12d. 'to" 15d,; coarse, lid.; to 13Jd." . <

PRIVATE: CABLE .REPORTS. y Messrs.' Dalgiety. and Company, Ltd., report .-having r received the • following cable message'-from!:their London , house, under dateof'. February 4;— Wool:. Wool Bales closed very"firm;- As compared. with last sales^closing'.rates,.'super merino_ wools are unchanged; . and other-, descriptions of ; roerinoa are • Jrom par , to'.! 5 per _ oent. higher ;-cr<Jssbred woolsof fine Quality .are 'unchangedfor crossbred wools of medium and .coarse'iQuality ■ and crossbred wool 3 light in . condition and - bright, .if they, are. suitable for America, prices 'are unchanged, but r otherwise crossbred, wools of; medium quality are..7i per cent, higher, and crossbred wools > of coarse, Quality; are 10 per cent.»higher. .The total net .quantity available, amounted 'to .180,000 bales, .including .1600 bales' brought' forward from \ series, of ' which quantity 12,000 bales' were 'sold to America, 80,000 'bal63 for- Home Consumption, and" 83,000 .bales to the Continent, - leaving . 5000 bales;,to -~ be 1 oarried; forward to ( March sales. : ; u 'Messrs.V.Abraham . and/'.Williams, 7 Ltd.,have 11 received, the following', cablegram-from--London:—Pine .crossbred, unchanged; medium, and coarse, crossbred, .10 per. cent.' up; 'merino, ; *5 ! per cent, up;' competition" active; ; maTket' very firm, prospccts 1 good. ..Messrs;; Murray, ; ; .and .'Co. - have .received••'the "cablepram from. their agents, ' Messrs;. Sanderson.- aud Co,, dated February: 4.-~The' sales closed ,firm, with 6000 bales'held over, and the market . Bhows no material' chango since our. last report, with the f following :~Qompared -with the ihighest-pblnt l ot: the.series, fliie merino is very , firm, but .greasy cros.sbreds, have de-, clincd a 'shade; ; O "' ,K • . and'"Company are* in re-' .ceipt-of cabled advice., to. tlio effect that the •January• wool/sales- at/Tiondon closed firmly,.and the prices'realised .'were on a par'with the: opening -rates; ;-v..