THE LONDON WOOL SALES.

Dominion, Volume 4, Issue 1244, 28 September 1911, Page 8

THE LONDON WOOL SALES.

DECLINE IN PRICES. By Telccraph-Prcss Association-Cop.T right ml , ' London, September 26. The wool sales opened briskly at par to a. 7J per cent, decline. LAME NEW ZEALAND OFFEHING. (Itec. Sept. 27. 9.45 p.m.). .. ~ , ■ London. September 27. At the wool sale 7510 to!-.* w«re offered Including 5741 bales of KmaSS As eomnared with" the Jnlv closin- rates prices are as follows :-Ooo<l merinos, r-.r to 5 nor,cent, decline: faii'tv rawLrZnn, nt j 'Y AnBl m o"i»m' crossbred, 7> c r ent.TeeJi„ d e eC!mCl ""» crossbrcd - 5 P«? ! o^ h Z C JL nS a attendance. Buv- : en, showed coed spirit, and there was keen ' compilation at the lower level ' tZ h ? ,? an . k of NorT Zealand ha« racked ' the following caWeTram from it/lZIon ] oflV-c. datnd September 26:-"Tho j' T™ ' opened with strong competition ard ? r™ ' ej-ton.ln.nce of buyers. Pri-os for a ! kinds < or cross-breds and nil kind' of iiirVo ii i !&," V c , r cent. The total "neto"«° bate" U<l Woo ' aT '-> i:;l «c i= 65.CM ] UnLf^i Dnleely ? vA Comranv. Ltd Wei- ! lington have received cabled r.dv'-TVoted ft. from 4i ,ei r r ' n ""on ofiict | onality and condition, par to 5 per "ear? also inferior and faulty 5 to 10 ner cent i lower, o.s compared with the closing S ! 10 per cent, lower, and are nclcctcd ( Crossbreds are 5 per cent, lower." l Tho New Zealand Loan and Mercanti'" f Agency Company. Ltd., have received he J following cablcirrarn froze their London I house, under date September 26—•■Ther" Jif» S Bf.i K00d . l,tt oj« , » r « c.t the ononin? of i tho fifth series of sales to-dar. competition \ by Home a,nd Continental havers beir," ]>. '" S i nnci n v icos ' ". with" the < o.loso of nrccedinr; series, ruled in bnveiV i fe-vour. Tho opening catalogues were fairly t renrrecntativo. As compared with o.i*t 1 sales closinrr rates, prices .-.to lower, ab-ir.'. ,' par to 5 per cent, for merino, about 5 nor cent, for fine and coarse cvosrhred. and 5 per cent, to 74 per cent, for medium crossbred.

Messrs. Levin end Co., Ltd.. have received the foHowine eablerrrnm a.dvica from tli"'T events, tho Nation?! Mortpairc and Azcney Co. of J\cw Zealand Ltd.. dated September 26:- caJcs opened. Medium eroscbred 74 per cent, and others 5 nor rent, "over." "Pale advised "YVaitr.tapia," Bu!'.:. C BM. ner !b. Messrs. Murray, P.nbert.-, and Co., Ltd.. have received the following cabin m cpm,»i! from their Loud™ Panderson, Murray, and Co.. with reference to tho opening of the wool pales:—"Th3 attendance of buyers is erood. and there lVrood competition. For the best description!) or merino the market shows no material change. Scoured, fa.uitv, and inferior merino has declined 5 to 1* per cent., other description's of merino showine a decline of 5 per cent. Greasy crossbred has declined 5 per cent, while e-Udc crossbred shows a decline of from 5 to 75 uer cent." The United Farmers' Co-operative Assoc'ition, Ltd., have received tho following cablecram from their London ejects, under date September 27:—"The fifth scries or wcol sales onenod to-day, and were v.-cl! -attended b.y Home and Continental buyem. Fine and coarse crossbreds declined 5 per cent., and medium crossbred declined 13 n?r con*.., as compared with cloring rates of previous Bales."