LONDON WOOL SALES

Hawke's Bay Herald-Tribune, Issue 49, 13 March 1937, Page 5

LONDON WOOL SALES

Home Market Advices Local firms have received the-follow-ing advices from their London offices regarding the London wool saies Dalgety and Co., Ltd.— -Saies closed active, competition brisk, prices .being at highest point of the series. Home trade were principal operators with gnod support from the Continent, Russia included. As compared with closixig rates of last series greasy Merino, good to super, ld to lid higher; greasy Meriuo, other descriptions, §d to ld higher; scoured Merino, par to ld higher; greasy half-breds, scoured' half-breds and greasy crossbred fine, unchanged; greasy crossbred, medium aud coarse, par to id higher; scoured crossbred, |d to ld higher; slipe and greasy lambs, par to ld higher. The following is the range of prices: — Merino, good to feuper 20|d to 22d, low to medium 17d to 184d. Half-bred 56/58, good to super 181d to 21d, low to raedium I5id to 16d. Half-bred, 50/56, good to super 17d to 18M, low to raedium, 15 to lG^d. Fiue crossbred, 48/50, good to super 16d to 17d, low to raedium 14Jd to 15*d. Fine crossbred, 44/46, good to super -4d to 17d, low to medium, 14 Jd to 15^d. Crossbred, 44/46, good to super l§d to l7Jd, low to medium 14d to 15 Jd. Crossbred, 40/44, good to super 154d to 17d, low to medium 13fd to 15d. Coarse crossbred, 36/40, good to super 15£d to 164d, med. to good I3|d to 14|d. Murray, Roberts and Co. Ltd. — Saies have closed with a good toue. Competition keen and general. Compared with last London saies closing rates are: Greasy Merino, advanced 5 per cent.; scoured Merino, market firm; crossbred greasy, par to 5 per ceut. advance; coarsest descriptions slxow greatest advance; crossbred scoured, advanced 5 per cent; slipe crossbred, advanced 5 per cent. New Zealand Loan and Mercantile Agency Co. Ltd. — The saies closed firmV to-day. There is good all-round competition. As compared with last saies closing rates, prices are higher |d to ld per lb. for scoured Merino, medium greasy crossbred, coarse greasy crossbred, crossbred slipe and scoured crossbred; higher, par to §d per lb., for Merino lambs; higher ld per lb. for greasy Merino, higher ld to Tjd per lb. for crossbred lambs. Williams and Kettle Limited. — The second series of London saies closed yesterday, ihe 12th. instant. The market is very active with a strengtherxing tendency and buying well distributed. Closing rates for medium and coarse crossbx*eds showed an advance on last series of £d, to fd- per II). '