LONDON WOOL SALES.

Wairarapa Age, Volume XXXI, Issue 3006, 1 October 1908, Page 6

LONDON WOOL SALES.

A BRISK OPENING. BY TELEGRAPH —PBESS ASSOCIATION. Received September 30, 11.15 a.m. LONDON, September 29. The wool Bales opened brisk. Good casses are firm, and faulties 5 per cent, lower.

Levin and Co., Wellington, have received th following message from their London agents:—"The market is steady. There is a good demand for coarse crossbreds, also, medium and slipe wools. Faulty merinos rather weaker. Ottier qualities are unchanged. Dalgety and Co., Ltd., Wellington, have received the following cable message from their London office, dated ~29th September:—"The wool sales have opened with a good selection. There is a large attendance of buyers and competition is animated. Prices are unchanged for merinos generally,. fine crossbreds, medium and coarse crossbreds, but for heavy earthy and wasty merinos prices are at par to 5 per cent, lower as compared with the closing rates of last seriefi. Shabby crossbred wools, greasy, are also at from par to 5 per cent, lower. Slipe wools sto 1\ per cent, lower." ThoN.Z.L. & M.A. Co., Wellington, yescerday, leceived the following cablegram from their London house:—"Wool—As compared with last sales closing rates prices are lower about par to 5 per cent, for merino, medium and inferior and greasy crossbred; and about 5 per cent. 1 lower for crossbred scoured and crossbred slipe. For good merino the market is firm. The attendance at the sales is good, but bidding was not very keen." ,

Received September 30, 9.58 p.m. LONDON, September 30. Messrs Buxton, Ducroy and Balme submitted a joint catalogue of 13,37 9 bales, including 7,295 bales from New Zealand. The wool was largely slips and scoureds. There was a full attendance of buyers, including Americans. There was keen competition from all quarters for all the best wools. Compared with the July closing rates, good merino was unchanged; faulty and shabby were par to 5 per cent, easier'; fine crossbreds unchaned; coarse greasies 5 per cent, easier; slipes and scoureds 75 per cent, easier.

SPRING CATTLE SALE. In our advertising columns will be found full particulars in detail of the first aniiual Cattla Fair to be held on account of Mr R. A. McKenzie, by the New Zealand Loan and Mercantile Agency Co., Ltd., and Dalgety and Co., Ltd , in conjunction, at their Palmertt,)n North saleyards on Wednes('a<\ October 14lh, 1908. One thoListnl »iiht huidisd head of cattle will nu offered, ail lots being well bred lines of Polled Angus and Shorthorn station cattl?, and comprising yearlings, bullocks and empty cows, of which 400 head will be offered without reserve, the balance being subiect to slight reserves only. As is well-known Mr McKenzie has nothing but first-class stock, and this should prove an excellent opportunity for graziers to secure suitable cattle.