LONDON WOOL SALES

Nelson Evening Mail, Volume LXIII, 25 July 1929, Page 6

LONDON WOOL SALES

Messrs Oalgelv and Co. have received tho following cable dated London. 23rd July: Sales closed fairly aelive and linn; compel it ion more general; good Continental demand for merino combing line. Home trade competing well for greasy crossbred and slipes. As compared with closing rate- of last series greasy merino li,d t</ 2.',d lower, scoured merino 2.'d lo 3.U1 lower, greasv halfbred lid to 2d lower, scoured h'aJfbred 2d lo 3d lower, greasy crossbred line l.'.d to 2d lower, greasy crossbred medium id lo ljd lower, greasy crossbred coarse .',d to Id lower, scoured crossbred Id lo 2d lower, line combing slipc 2d lo 2.',d lower, slipes, other descriptions Id to Hjtl lower, greasy lambs lid to 2d lower. Offered 101.146 bales. 'Continent have bought 43,500 bales. Home trade 31,000 bales, carried forward 58,500 hales, of which 41.500 bales were not offered. Total sold 74,500 bides. Th el following is the range, of prices:— Merino, good lo super 18(1 to 21(1. low to medium 14.',d lo 17(1 : hall'hred. 56:53 good to super 18d to 21d, low to medium 14Jd to 17d, 50,56 good to super 17d to low to medium 14d to 16d; fine crossbred 48'50 good to super 16(1 to 17Jd, low lo medium 13j,d to good to super to 17d, low to medium 13d to 15(1; crossbred 44/46 good to super 15d to low lo medium 12J,d lo Mid, 40'44 good to super M|d to 15id, low to medium to 14.',(1 ; coarse crossbred, 36/40 good to super 14icl lo 15d. medium to good 12d to M<U Messrs Levin and Co., Ltd;, have received the following cable from their Loudon agents, dated 23rd duly. 11)2!): The auctions closed here to-day with a good tone, and a better demand for greasy merinos and crosshreds. As compared with values current at the opening of this series, merinos tire -h\ per lb lower and halfbreds and crosshreds unchanged. Scoured merinos are par to ."> per cent, lower and scoured crosshreds and slipe wools generally" are unchanged.