WOOL PRICES HOLD

Evening Post, Volume CXV, Issue 15, 19 January 1933, Page 12

WOOL PRICES HOLD

THE LONDON SALES*

BRISK DEMAND

United Presi Association—B7 Electric Telegraph—Copyright. (Received 19th. January, 11 a.m.) LONDON1, 18th January. The wool sales to-day attracted an offering of 0150 bales, including 1945 bales New Zealand. About 5073 bales were sold.

There was a brisk Home and Continental demand, and the bulk of the offerings were sold at full opening rates for fleece wools. Prices for New Zealand greasy crossbred, "Pare," were lO^d highest, 7%d average.

Murray, Roberts and .Co., Ltd., are in receipt of the following wool market quo-, tations from their London agents, dates 18th January:— r ' Opening Closing ■■ . • rates, rates, Jan. ' Dec. ' d. d. N.Z. merino, 60/64's yielding 48 p.c — 9 Halfbred, 56's yielding 60 p.c 11 10% Super crossbred, 50's yielding 65 p.c. BVi 7% Fine crossbred, 48/50's, ': mixed, prep, and card., ■'■ yielding 70 p.c. 7% 714 Pine crossbred, 46/48's,' mixed, prep, and card., yielding 72 p.c 6 55i Medium crossbred, 44/4.B's, prep., yielding- 74 p.c. .. 5% 5Vt Medium- crossbred,. 44/46's, carding, yielding 72 p.c. . 5% 5 : Coarse crossbred, 40/44's, yielding 73 p.c 4>k 4% Low crossbred, 36/40's, yielding 75 p.c. — 4% The Bank of New South Wales has received the following cable message fromx its London office, dated 17th January:— "London wool sales —Merino, crossbreds, fine slipe 5 per cent, advance on -last sales' close; medium and coarse slipe, unchanged; good : general competition."