JULY WOOL SALES.

Wairarapa Age, Volume XXV, Issue 10713, 28 August 1913, Page 4

JULY WOOL SALES.

The detailed reports have just come to hand concerning the London wool sales of last month. These show that, in spite of the fact that American buyers w-ere not operating to any appreciable extent, competition, on the whole, was brisk. _ Messrs Dalgety and Co., in their report, state: — ■"Merino wools, both greasy and scoured, of good quality and in good condition, have been eagerly taken, and for these a slight advance on last sales' closing rates has been occasionally made, but inferior and faulty parcels have not commanded the same prices and must be quoted about 5 per cent lower.. Cross-breds, which formed the major portion of the offerings, have sold irregularly. Fine and' medium qualities are both about 5 per cent, cheaper, but coarse crossbreds, when in good condition, made fully May rates, whilst shabby heavy lots were £d lower. Some good New Zealand scoured merinos made excellent prices, but scoured X-breds and slipes were on an average 5 per cent lower. Lamb's wool was practically unchanged;. Puntas and Falkland Island wools were par to 5 per cent lower."