WOOL SITUATION

Evening Post, Volume CXIII, Issue 29, 4 February 1932, Page 14

WOOL SITUATION

IMPROVED PROSPECTS

'{Received 4th February, 10 a.m.)

LONDON, 3rd February.

. Clips sold yesterday included New Zealand greasy crossbred, "Owetea," at 9'^d to 9d; scoured "Oxford," WttcL to 15d; "Sherwood,? ,16d to 13!£d. . .

The Bank .of. New South Wales-is in receipt of the following cable message from its London: office dated 2nd Febru-ary:—-"Wool market closed active, balk breds par to 5 per cent., medium and coarse crossbreds par, fine crossbreds hoggets. 5 per cent, to 7% per cent, fine slipe lambs par to 5 per, cent., coarse slipe lambs. 5 per cent, above last sale close." Messrs. Murray, Roberts, and Co., are advised by their London agents of tfie closing rates ' of■ - the- January-February series of sales, compared with closing rates ruling at.the November-December sales. as! follows:— .• "'. ■ ' . .' ■"' 'Jan.-Feb. Noy.-Dec; N.Z. Merino ,60/64's yield- P°r; ". , *!". "': lng'4B p.c. ....\..\ Nona ■ B<id Half-bred '56's yielding' ■ ; '■ _60 p.c ....;.... ioy 2 d 10% Super., crossbred b'O's. yleld,lne 65 p.c: ............. svid 7%i , Medium crossbred 44/46's ' . : ■ ° : preparing, .yielding 74 ..■,.-'; '~"•?•■ 6d . '6'Ad Medium, ■ crossbred 44/46's • ■ ,- . :■: ; ;Cardine, yielding 72 p.c. 6%d ■ 6'id Coarse crossbrods 40/41's yielding 73 p.c . 5Hd Slid Low crossbred 36/40's yielding 75 p.c. ......' 5»4d . None