The Wool Markets

Feilding Star, Volume IX, Issue 71, 3 December 1887, Page 3

The Wool Markets

Ry Electric Telegraph: — Copyright [keuter's telegrams.] London, November 30. At the wool sales to-day a catalogue of 6900 bales was submitted at auction. There was a steady demand throughout for all descriptions of wool. Fine to finest were rather firm, but inferior to faulty lotß ruled Jd to ld per lb below the prices obtained at the last sales. At the wool sales, buyers complain of the new clip. The Queensland yields are harsh and poor, with colored top. December 1. At to-day's auctions a catalogue of some 6900 bales was submitted, which elicited good competition, the prices realised being about the same as oh previous days. The total number of bales catalogued to date is- 79,400, of which 7000 bales have been withdrawn. . -t Melboubne, December 1. The New Zealand Loan and. Mercantile Agency Company (limited) held their usual weekly sale to-day. Six hundred bales Were offered at auction, of which number 4115 found purchasers. There was a full attendance of buyers, and the competition was, good, but medium to inferior wools ruled easier, in sympathy with telegraphic reports received regarding the London sales. Good wools are unchanged in value; greasy merino is worth 10£ per lb, crossbreed 10£ d, lambs' wool Is Ofd. No superior scoured was offered, but best scoured realised as much as Is 2-J- per lb, and 1 washed fleeces Is ifd.