COLONIAL WOOL SALES.

Dominion, Volume 3, Issue 854, 28 June 1910, Page 8

COLONIAL WOOL SALES.

r& ; 'V : . ' MERINO' : ADVANCE'S. . '>■".. The "Live-Stock' Journal," of May 20, Y .■;. pays: "The , third 'series of London sales " : . of colonial wool for the current year ;•.: . are over. There has been a very full i. /attendance of buyers throughout the uni- strong .competition. .It is estk \- .; mated that of the quantity-sold 58,000 1.".. ■ tales were for export, including a rather ;•■ '•' liberal estimate of MOO for the U.S.A. Of. I.'-..; the quantity available nearly 21,000 bales v ~'; " were not offered, and altogether, some j '■':.-. 25,000 are carried forward for. next series. i.V.-'. There has been a very, strong market i ■■~ ior all merino \ sorts, and these, when ;.'• .compared with closing rates of last series, J:'' lave appreciated on the average fully ;. .. : 5 per J cent. ■ The slight depreciation on , !'.;;'. ; cross-breds noticeable at the opening has ; ■'■'■•■.■. ifceen, recovered, though thero has been /'.. .occasionally some irregularity, in medium ';■''.' 'to fine qualities,-but withthe exception- ■ •■'■'.. : .'iof that .from America, support for all [:-'. : Borts'has been most satisfactory. ■" Merino [..-'.' ' lambs closed rather weaker than they f : opened, but in all other .descriptions of ; wool last auctions' currency is wel. main-: ;. ■ gained." ; ..■''■''. ■;