YORKSHIRE LETTER

Dominion, Volume 7, Issue 2167, 4 June 1914, Page 8

YORKSHIRE LETTER

THIRD SERIES OF LONDON - ■■■: , v .. SALES -. ■ ~, il'rom Oul' Special Coi-roapemienia.) . . .'..•' BratlfOttJ, April 21. We lnvre now sirrircd practically on Uie eve pi tbo third series of London sa'us. Tliuro are ..several items of more than ordinary, intwest connected with tile approaching sales ' which deserve ■more than pas.juis attention. 'We find i<l consuming circles some sisctutation being indulged in as to the quantity of wool which, will actually be said, ami also what- is likely to he the attitude of the American trade. 'We See. nolhiUjj particularly nntcn'urth.v in all tlieso surmises, No doubt at a tinio like the proBosit. there, is more ttan ordinary curiosity ns to the- likely coarse of tlio ntitfkot, particularly when vra> find wool itself so strong, and yarns and pieces in anything but p.n encouraging position. That, to tho writer, is the most surprising part of Hie whole wool situation, aud .vet it lias, licen in evidence ever since last October. We know for a fact that several large French buyers for two months were fearing a breakdown in values, and as we have before stated, it is oar firm conviction that in January things would """never have bounded forward as they did but for the incoming of the United States. There may be no question o? a doubt that the intreuad American purchases of wool and its allied products saved what at oiw tiiiio undoubtedly- a delicate eitu» 3,tion. Wβ da-re say hi tfee aggregate Hie *onsumptttm in tl© West Hidinc; is Miry largo, but, only 'tills week eae" relwWe_ authority made tho. statewent that tho aggregate consumption was 25 liei-ceftt. less at tlie "moment compared wilfi the eorrespondinp; dato a year Ito party did kos mean to-say that there was. 25 per cent, ol stfls-i-diiig jnnchmerv, i.ir from it, but eoaisidenriT tfto short tirao. that k heme, ft-erked.' aji-fl thn d-jstkietly less overtime the nserewato oottsumptios is ccrtaiijjy ou ft' ;T-f a .° +llail ft ,vas ' ° year iijso. «e ilMufc, hewnver, that IS »or wat.'js really nearer the mark. Then too we we aettontntffely t«M H,at wmi thins hko 25 p . or PMt , o( tl] mac-hm-ery of th ? United States is *-lso are coittjetenible. As aa off set Gainst tt»s tre have, ft, incased in Frame and 00-rnwny, and iwdonKtedlr Jhns is an important factor which h^ in tho north of France. \V O K h-e below so>« very B «f a i particulars fcktivHo vHe diirf wr.es of L wi J M sis j eSj aD j if ° figures have any TO f He , the roadcr win fee abte to see ], QW things have acUiallv don sales so far as rrfates t* the a-ctoal wool -availaWo ami its sale

A Fairfy Strong Market,

. ! J '| 10 past melt luis again witnessed tani.T active- markets iai cotissiniihm centres, and tilings in Jlradford appear to be stronger than many especlca.' Our rcittai-Ks-applij! m&ve' particularly to aittr mas ojiti Jine crossbreds, and they st!*nj to-day tc U man in brranny ivitli encß erthef than for scuiio cwisidcKibie> tore .past There isjw dotitt at ail that Uie tnrtioek tor those in Cokinan Street is TDrjr bright, a,ud we h.tiy -esyvet to s«s prices well maintained, if not hstetiGirally dearer. Wo know for a foci that- maiiy firms must buy, iuic't tUcy Uo. not- like the prospect of iiaving to WWr tops sold at soaisiWy less than to-day s prices. TiTo basmt'ss dime dwrmg tlw past-week has beon Conskferabrc. and t*iMHnhcrs nra to-day firmer tflnri at am- timo sineo Hμ dose of inti alsircli Loudo.il aiirtioiis. AW cireumstancps stem to bu combining to force tiM) pace of meriiios, but undoubtedly the cluef -facU* of aH is tho ktiowu shortege « fine fronls. Wβ fusd many firms with nothing d<, S eH. and toiimalcors_aro_«ombletcly indiftorcjit akvut business to-e,ay, simply bccoiiao tiiey know_-ttie difficulty they will hnvo. u race m geenrmg wt«l this w-xfc iveck in ColciiMH Street. Tho very best tonmates are quotinß %. 6id', kit reaily po# M's tops; m feet, one fi NB h aS ac , twe% ettoi-ed 2s, ejd.. tot they'admifc t!m such ivnrw&is paj-posdy ijeijirt. <j, w t. octtofeofiftoft-ctistoihofs. Ijastwoei? they were sefes at half a. crown, but they have fonnct the few Irajidred packs thev iiiid to sell $o saleable that hating aid out t-licy ore now detormiiwd to protect Wsemseh-cs against any possible advance in Lftßdott.ncxt week. Thpre caniwrt )o any eJifficiite' jai lifting tho 58,000 totes <il ffiormos wlvkii aj'e avnibb'lo a:«l jvc- are certain that prices will movo at tlw- lngliost point of the March series. One* more eeccmWiaiKl parcels alMHJltl tore ji cliiince of beins? disposed of at 4t profit, and it is to "be lioped tliat some will fare better tl\a« thov did during .the flosing davs eF (..)» alareli .inrfions.

(Jrossbreds Steady dnti Sound. There is teally not a great deal to say in regard to tlte Position of eosstrees, Anything bordering upon 56 ! s quality >a tho host to self, and there tins been a very good demand this , last tan days lor SB's. W e imfe-sia-ml tjiat very good pi-ices fen-e b«n paid for these, m fact oho firm ]. m , s taade what three weeks ago were regarded a* im* jjossiiila ijj-itM. "There fe iio doUM that the great ttemant} at the present time lor these i,M£o sliafe of cloth, which are being krgdy worn this season by the gontlw srx as sweaters and jaeIwts, is absorbing tin's class of material, and ss'it is not at all rjimtiful 'this accounts for prices having, seijsiW.v appreciated, We certainly think that all good New Zealand half-bred wools will be dearer by a full 5 pw cent. at the ehsnins safes, pd the Home trade k woH able to lift every, bate that will be arailsihte-. Fifties .we also seHing .fairly at«l making a liottoi- price than <t fortnight ago. Aiiytljing below that eouiit is stieJsiiig, aithowgh this last week more fi-rmfloss has Seen in ovideuce both for motlvuin and coa-rse crossbred tops. A good' ivnmber of Bradford toptoafcers want to see things quiofc in order not to affect wools which «-ill lie available in Coleman Street, and )\-q have «vcj-y w-asou fat saving that Bra.dfcffd" wH , bo an extremely good buyer of all descriptions β-f -eMissbrecis, particularly if prices caso at- all, 'l\it js what, ninny fams desire to see, for net a few have yet to deliver «onsidefliWe quantities of tops, arid they roqtiire weol at a cheaper rate ;» order to lessen their losses. Therefore tho market is firm without being 'active, and ■as far aa ono can see tlrora is e-rery prospect of tho raw material selling frenly in London, asid tins fiome trade will bo the keenest ftf tayois. America Jias iwßght less during the pest vyeek, tboup;h wi) undcnlaiul that fair weights of ISlnsianiet skin wools bavo fieen taken for Boston dtiring tho past fo-rtnisht, oho lirm afoHG soiling well on to 1000 packs, ehk'fly crossbreds.

Tliira series of sales. ' vi « i i, ' American Act Actually Carried piiravailab!*. ak-i/ fonvanl, chases. ™...$8» fife S% B S Wte ... 267,0(81 H7.flOO 1i'0,06i). β-odb W7 .... mm WM UOflil 4» JW6 ... w#m J5!i,oon D,ii» nooa lWfcj ... 1*17,001? 151,080 j W) . Qfl «.A- j(j (i wt ... i8a,flM w.flflo I'M*)® Tm W0J.-...2UW0B 111(1,0(10 yiw sb£» ihe sfcond fliid third series of 1012 lywe amujgrtnwtetl oil account of tiio coal