Wool Report

Feilding Star, Volume XIV, Issue 116, 21 March 1893, Page 2

Wool Report

FIRST SEBIES OF COLONIAL WOOL SALES, 1893. Messrs Barraud and Abraham received by the mail last Saturday, via Naples, the following report, dated February 2nd, from their London agents,. Messrs R. T. Turnbnll and Co : —The following are particulars of the supplies which were available for tbe series and of the quantities offered and withdrawn to date : — New South Wales — available, 87,000 bales; offered, 30,391 bales; withdrawn, 1,378 bales. Queensland -— available, 66,000 bales ; offered, 28,745 bales ; withdrawn, 598 bales. Victorian — available, 56,000 bales ; offered, 18,282 bales ; withdrawn, 1,583 bales. South Australian — available, 19,800 bales; offered, 6,620 bales ; withdrawn, 513 bales. West Australian — available, 3,800 bales ; offered, 2,757 bales ; withdrawn, 505 bales. Tasmanian — available, 400 bales offered, 136 bales; withdrawn, 1 bale. New Zealand -available, 25,000 bales ; offeved, 8,115 bales ; withdrawn, 118 bales. Cape —available, 19,000 bales ; offered, 8,020 bales ; withdrawn, 1,990 bales. Natalavailable, 10,000 bales ; offered, 2,994 bales ; withdrawn, 1,526 bales. Totalsavailable, 287,000 bales ; offered, 96 060 bales ; withdrawn, 8,212 bales. The past few days have witnessed some accession of competition, particularly for those descriptions of produce which come with- j in the range of American competition, and sound deep-grown well-conditioned Australasian greasy staple rules nearly, if not quite, up to the best rates of the December Auctions ; combing wools falling short of the above standard meet with steady demand at about the average values of the same period ; while wasting and faulty lots, though somewhat firmer than at the opening of the present series, do not uniformly reach December closing prices. Scoured parcels, with the exception of the best combing classes and well-stapled faulty descriptions, are still comparatively weak. The coarser grades I of crossbred produce mark a slight advance on previous quotations, the finer growths showing but little alteration. Beyond an occasional improvement of U\ per lb in the case of medium and inferior scoureds, the position of South African produce is unchanged. Sheepskins. — Public sales of woolled sheepskins will be held at tbe Wool Exchange, Coleman Street, on the 11th inst., and will include": — 4050 bales Australasian, 100 Falkland Islands, 100 Cape: Total 4250 bales.