LONDON WOOL SALES

Dominion, Volume 12, Issue 302, 17 September 1919, Page 10

LONDON WOOL SALES

By Telegraph-Press Association-Copyright London, September 16. Tho wool sales opencu with keen competition. Merinos showed 7J per cent., and orossbreds, grcadics, and •t=rosibrt<t InuiljE, 3 per cent, advance on ppu* rates. Ten thousand live linmlml ai. twouty-fivo miles were uttered of wl.icli ViJ) were hew Zealand. Then; was a good attendance, iiicluainir several Americans, and n largely increased number of Continental buyers. Tho selection was below lac average. Tim mciinos were a lau olrcring, mixed witn irregular parcels. Tnere was a stronger ami more gcneial competition for all sorts. The Contiueui operated keenly. . A fevv lots were sold to tho United States. All wools suitable for combing, whether free or faulty, were in keen aomaud at about 7 to 12 per cunt, advance on the August'ratcs. Jauliy, short, and carbonising sorts were lirm at late rales. CroHsbrcds (ifooa greasy parcels), were in eager demand at 5 pelcent, advance. Stipes and ecoureus were very ilrm. Lambs and merinos were scarce. A fair selection of orossbreds sold at, 5 per cent, improvement. The Bradford market is vim and un-cbanged.-Aus.-N.Z. Cable Assn.

Messrs. Murray, Tioberts and Co., Ltd., yesterday received cabled information from their Loudon agents dated September 15 -as follow:—"Compared last London sales' closing rates, crossbred advanced 5 per cent."