London Wool Sales.

Feilding Star, Volume XVI, Issue 47, 21 August 1894, Page 2

London Wool Sales.

The London agent of the Golonial Bank of New Zealand reports under date* London, sth July, 1894, as follows: — • The fourth aeries of auctions of Colonial wool for this year opened here on the 3rd instant with a net available quantity of about 297*000 hales (in- - eluding 116,000 old stock held over from last series) of the total New Zealand bsa about 105,000 bale*. The sales opened with a large attendance from all quarters and competition, was animated. Prices average for all merino wools an advance of quite 6 per cent on June closing prices and finer grades of orossbreds realise^ntx to 5 per cent rise, there being no change in the lower grades. As at present arranged the series will close on the 30th instant. A noticeable feature in the sales room is that buyers exhibit a spirit and cheerfulness that was painfully absent at recent aub. lions. This may be partly attribut* able to the passage of wool on the "free list" by the Senate of the U.S.A., but it is also the wflex of signs of activity and a generally imi proved tone at Bradford and 'othet wool centres at Home and on the Con-