WOOL SALES.

Waikato Times, Volume XXXIX, Issue 3190, 3 December 1892, Page 2

WOOL SALES.

(by electric telegraph—copyright). London, November 30.—The wool sales are firm, and combing sorts are selling at a high price, London, December I,—At the wool sales competition is a little less brisk. Parcels from New South Wales brought UJd. MiLBODBNE, December I.—At the wool ■ales greasy merinos are bringing up to lOd; lambs, Is Oid; cross-bred, BJd to fld; scoured, Is lid to Is 2sd; washed, Is Okl to lid. Sydnet, December I.—The exceedingly buoyant tone of the wool market during the week and the strong competition, have forced prices another fraction. 31,800 bales have been offered, of which 31,058 bales have been sold. The following are the current prices-.—Greasy fleece: Medium, tij'd to 7Jd ; good, 7£d t<« Bjd; sn pern >r, 9d to lid. Lambs, superior, 8d to 9Jd. Crossbreds: Medium, 7d to 7jjd ; giod, 8d to B.jd ; superior, 9d to 9Jd. Scoured: Medium, llAd to Is Oid; good, Is Id to Is ; superior, Is 3d to Is sd. Washed ; Medium, !)<) to ; superior, lid to Is o|d.

The New Zealand Loan and Mercantile Agency Company report under date :— Christohurch, November 25.—W001: Thß openme sales of the season are being held as we write, when the various brokers submit G4OO bales to a larger circle of buyers than have ever before attended these sales. So far competition has been keen throughout, especially for fine, light halfbreds, at values showing a decline of Id per lb compared with the opening rates of last season. Merino has also suffered to this extent, but on the whole is selling with more freedom than was anticipated from the poor returns received lately from London for this description. Cross-breda and longwool have not suffered bo severely, the latter especially being sold at prices little below those of last year. We bad a most satisfactory clearance, nearly every lot being disposed of at good times value, and quite up to expectations, but as usual there were instances where the views ot buyers and sellers did not accord. The anxiouslyawaited London cablegram was of a disappointing nature, the public one statinf, that the sulea there had been postponed until November 25, and our uwn giving the reason, viz., a dense fnjr; consequently the local sales h-.ul to bo conducted irrespective of ;uiy change that micjlit occur at the other aule of the world, Tho following shews the.

comparative ranpo "f values this st-awn and l:i«t :—lBOl : M.irin<i, oil t<. "J'i ; half-bred, 7M to lOi<l ; cros-brod, Gsd »■<> Oil ; w'ool. r»if»J tii 7<i : croKH-ViivJ pieces, ki to 7<l ; m-rino 3.W t<. 5M ; locks. Hd to 3 1.-1592 : Merino, 4rJ to "Gi-l : half-bred,7(l to 9d; iT.'«H-iwed, fid to «4ri; lonewool, 5-11<. G&l; cr/««-nrecl pieces, 2Jd to f> Jd; meriti:>. 2Jd to 'li'l; lockn, Id to 3d. The wool this year is superior in appearance, there beintt comparative frerdom from dust owin« to the absence of hi?h winds, but at the name time it is very aappy and heavy with grease, and the clip throiißhout is of exceptional growth, the staple beintr lonf? and sound, with few instances »f tender wool.