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LONDON WOOL SALES

By Telegraph—Press Association—Gosyriehl London, Febhiary '2J. The wool sales have opened. The bales catalogued numbered 8259, of .'which 6753 bales wcto Australian' and 1206 1 New Zealand. There was a good attendance, and there was strong competition, Americans buying merinos.freely. 'All merinos suitable for America'wero fully 5 per cent, above last closing rates. Tiio price for average sorts was unchanged, . crosebreds par to 5 per cent, higher,, miedinm advanced most. The Government announces thai ell purchases for the United States must be coneigned to the Chairman of tho United States Textile Alliance at New York, who will hold at shippers' risk until he "and the British Embassy have decided whether delivery may be made to the ultimate purchaser, whose guarantee not to trade with the enemy must be satisfactory, PRIVATE MESSAGES. The Bonk of : New Zealand has received the following cable advico from ■ its London Office, dated Fehruary 23:—"The wool sales have opened, and prices for crosshreda and merinos ere on the average 5 per cent, dearer." i ' The New Zealand Loan and. Mercantile Agency Co., Ltd.. has received the following cablegram from its ' London office, ■under date February 23"London'eales opened strong competition; merino generally 5 . per cent., crossbred, greasy, me-'.' dium, coarse, 5 per cent, to 7i per cent, dearer. Operators buying for America, France." : > , . Meesrs. Murray, Boberts, 'and Co., Ltd. have received ■ tho following cablegram, dated February 23, from their ■ London friends. Messrs. Sanderson, Murray, and Co.:—"Sales have opened with a large attendance and good competition. Market firm and advanced' 5 per cent." Messrs. Dalgety and ■ Co.. Ltd., received' the following cablegram from their London office, dated' February 22:—"For the third series _of wool sales starting on March 16, li6ta were closed on the 18th instant. The quantities will be cabled later. The fourth series opens on April M, the lists closing on the 6th, or tho date on which 200,000 net arrivals ore reached." _ Messrs. Co., Limited. haTe received the following cablegram from their London agents in London,' dated January 23:-"The wool sales have opened. Good morinos and medium crosebreds are fully 5 per cent, dearer than January rates; other. <iualities' are unchanged." Messrs. W. and 0. Tiirnbull Co., Ltd., report having received the following cable message from their London agents, under date February 23:—"Crossbreds advanced 5 per cent." HIGH COMMISSIONERS CABLED MARKET REPORT. The Deportment of Agriculture, Industries, and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, February 13, 1915, in regard to the opening of the colonial wool eflics:—"The wool sales have commenced; there is a large attendance and great competition.' Amerc&n and French buyers are bidding freely for merinos. .All crosebreds and .superior merinos are id. higher than at last sales. Medium and inferior merinoe are firm and unchanged, Only 13,000 bales of New Zealand wool are catalogued."

.. Each year the sum of -£1200 is sot aside by the State to grant fresh pensions to persons who, by their ability or their relationship to' gifted citizens, have a claim on the country. There ore . twelve British hospitaltrains now in use, each capable of accommodating 100 lying-down cases, two doctors, two nurses, two. cooks, and '20 R.A.M.C. orderlios.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19150225.2.57

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 8, Issue 2394, 25 February 1915, Page 8

Word count
Tapeke kupu
533

LONDON WOOL SALES Dominion, Volume 8, Issue 2394, 25 February 1915, Page 8

LONDON WOOL SALES Dominion, Volume 8, Issue 2394, 25 February 1915, Page 8

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