WOOL SALES

Dominion, Volume 14, Issue 7, 4 October 1920, Page 8

WOOL SALES

LONDON SEMES CLOSED. (liec. October 3, 5.5 p.m.) London, October 2. Thy l wool sales hnvo closed. There was no chango in values, and competition showed no improvement. Tnero was fair Continental . competition throughout the siriea ior_ best merinos Jit 10 per cent. docliue. Yorkshire competition wad sliu'li". For finer grades crossbralb there' was a in-ir sale at 10 per ceait'. decline. Medium and coarse grades were nearly all withdrawn, I'ino siipes and scoured wools were in good request, and thero was no serious decline in their values, but medium and coarse were largely withdrawn. Ninety thou•sand bales were offered and about half were sold, —Au9.-N.il. Cable Assn. SALE AT ADELAIDE. Adelaide, October 2. The first wool sale held since 191G was practically lifeless, although a record, was established by one lot of greasy •wool, which sold at 39Jd. a pounl, the highest price ever given at auction in. Australia. The total offered was 20,000 ixiles, and only a little more than a quarter was sold.—Piess Assn.

BRISBANE SALE MAT BE ABANDONED. (Rec. October 3, 5.5 p.m.) Brisbane, October 3. As a result of tho waterside workers refusing to work overtime on oversea vessels, the wool sales will probably be abandoned.—l'ress Afisn.