WOOL, SKINS, TALLOW, ETC.

New Zealand Tablet, Volume XXVII, Issue 49, 7 December 1899, Page 15

WOOL, SKINS, TALLOW, ETC.

London, November 28. — The sixth series of wool sales opened to-day. Prices were brisk, and from 10 to 15 per cent, above the closing rates at the last series-

London, November 29. — Messrs. Jacomb, Buxton, and Balme's joint catalogue comprised 10,270 bales of excellent new-clip wools. There was a large attendance, and extremely active competition among Home and Continental buyers. Merinos and fine crossbreds advanced 10 to l"> per cent., shafty combings rising most; medium and lower crossbreds, 15 to 20 per cent., were keenly competed for by the home trade. A few lots were taken by American buyers. Sydney, November 29. — The Sydney and Melbourne wool sales showed weak prices all round, the decline being due to sellers rushing the markets with a view to the high prices that have been lately ruling.

The National Mortgage and Agency Company have received the following telegram from their London office, dated the 28th ult. : ' The wool sales opened at the following average advances : — Merino, all descriptions, 15 per cent.; crossbred, finest descriptions, 15 per cent. ; crossbred, medium and coarse descriptions, 17^ per cent.'

London, November 29 — At the tallow sales 1500 casks were offered and 1100 sold. Mutton : Fine, 28s ; medium, 26s 6d. Beef : Fine, 26s 9d ; medium, 255. The wool sales have been postponed owing to heavy fog. London, November 30. — The wool sales have been again postponed, owing to the fog.

The Bradford market is reported to be firm. Common sixties, 31d ; supers, 32$ d.

Dalgety and Co. have received the following cable, dated 28th November, from their London office : — ' The wool pales have opened with a good selection and with a large attendance of buyers, competition being very animated. Greasy merino and fine crossbred wools are higher than the closing rates of last series by 15 per cent, scoured merinos by 10 to 15 per cent., and coarse crossbreds by 10 to 20 per cent.'

London, December 3. — At yesterday's wool sale the competition was very spirited, but prices remained unchanged. Up to date 24, 405 bales have been catalogued and 23,535 sold.

Tallow : Stocks, 16.851 casks. The imports during the month were 8.212 casks and the deliveries 5,440 casks.