Wool Markets

Feilding Star, Volume XIV, Issue 68, 26 November 1892, Page 2

Wool Markets

(PEE PEES! ASSOCIATION.) London, .November 23. The total quantity of wool arrived up to date is 207,000 bales, of which 20,000 have been sent forward to the manufacturing districts. With the quantity held over from last series the total available for the ensuing series will be 238,000 bales. The prospects are good. November 25. It is anticipated that at the wool sale 9 good merino will show an advance of 5 per cent, over last series. Crossbreds are likely to be scarcer throughout tbe sales. There is a very large attendance of buyers. American competition is likely to be weak. One firm offers some 8795 oales of a better selection than usual, comprising a good proportion of the new clip, It is anticipated that at the wool sales good merinos will show an adyance of 5 per cent over last series. Crossbreds are likely to be scarce throughout the sales. There is a very large attendance of buyers, and the Home trade is of a buoyant spirit. American competition is likely to be weak. One firm offers 8795 balea of better selection than usual, comprising a good proportion of new clip. The butter lines ex Austral realises for dairy manufacture from 94s to 965 ; factory made, from 112s to 120s. A few choice lots brought as high as 1245. SrDNEr, November 24, Wool continues brisk, and a further advance of £d has taken place on nearly all descriptions. The following are the current pnces :—Greasies— Fleece, good 7Jd to B£d, superior BJd to 10£ d; crossbreds, good 8d to B|d, superior, 9d to 9|d. | Scoured, good Is Id to Is 2d, superior Is 2£d to Is 4d ; washed, good lOd to 10|d, superior lid to Is l£d.