LONDON MARKETS.

Wairarapa Age, 18 March 1927, Page 2

LONDON MARKETS.

■\yOOL SALES.

Dalgety and Co., Ltd., report having received tl|e following cablegram from their London house, dated March 15: London wool sales opened. Competition animated, large attendance, fair selection. England, France and Germany are the principal operators. As compared with closing rates of last series, Merino par to Id higher, halfbred and fine crossbred to Id higher, good bright 50’s often 14d to 2d. higher, medium and coarse crossbred Jd to Id "higher, slipe, Id to 14d higher.

Abraham and Williams Ltd. and Wright, Stephenson and Co., Ltd., report having received the following cablegram from their London House: Wool sales opened; exceptionally large attendance of buyers. Bradford buyers chief operators. American buyers only taking super lots. Selection good. Greasy fine half bred 56/58’s clean scoured basis, greasy 'auction price, 244 d. Greasy halfbred, 50/56’s, 21d. Three-quarter-bred, 48/50’s, 18jd. Fine crossbred/ 46/48’s, 17d. Medium cross•bied, 44/46’s, 16; crossbred, 40/44’s, 144 d. Scoured prices 5 per cent higher. Slipe prices 5 pdr cent, higher. Australian Merino part to 5 per cent, higher. TALLOW. The New Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from, their London house, dated March 16: We quote present c.i.f. and e. . alues for the following descriptions of tallow: Fine mutton, 36/ per cwt; good beef, 38/; mixed, 35/3. Our quotations are more or less nominal. , DAIRY PRODUCE. The New Zealand Loan and Mercantile Agency Co., Ltd., report, March 16:— ' Butter. —New Zealand prices reduced to restore demand. 146/ to 148/ per cwt. (salted, 162/ to 164/, unsalted, ICB/ to 170/). Cheese.—Same applies: 76/ to 78/ per cwt. (84/ to 85/).