THE WOOL MARKET.

Taranaki Daily News, 20 January 1921, Page 5

THE WOOL MARKET.

LATEST LONDON SALES. BETTER DEMAND FOR CROSS* BREDS By Telegraph.—-Press Assn.—Copyright. Received Jan. 19, 5.5 p.m« London, Jan. 18. At the wool sales there was a better demand for crossbreds. Forty per cent, of the offering Sold, and prices were unchanged. A meeting of wool-buyers decided to send a deputation to the Realisation Association directors to ask them to reduce the limits on their wools to a parity with “free” wools in London and market values elsewhere, or not offer them. . The brokers’ committee has decided to finish the Government sales on Friday and hold “free” sales on Tuesday, Wednesday, and Thursday.—Aus.-N.Z. Cable Assn. SALE AT DUNEDIN. By Telegraph—Press Association. Dunedin, Last Night. The first wool sale held here since the Government commandeer in 1916 opened this afternoon, when 9809 bales were offered to a good attendance of Home and Colonial buyers. The sale opened at 2 p.m., and by 11 o’clock approximately 75 per cent, of the lots had been cleared at prices that, under prevailing condition?, must bo considered satisfactory. The sale will be continued to-morrow. ‘So far super merinos have been sold up to 21 rd. super half-bred to 18£d, and super cross to 13d.