WOOL, SKINS, TALLOW, ETC.

New Zealand Tablet, Volume XXVIII, Issue 4, 25 January 1900, Page 15

WOOL, SKINS, TALLOW, ETC.

London, January 10. — The wool sales opened hesitatingly. Prices show from par to i per cent decline. Rabbitskins are in good demand. Australian are firm, and New Zealand show about a penny decline. London, January 17. — At the tallow sales 1700 casks were offered and 1550 sold. Mutton : Fine, 29s 9d ; medium, 28s. Beef : Fine, 28s 3d ; medium, 275. Messrs. Dalgety and Co. received the following cable, dated 17th inst., from their London office : — ' Wool sales opened ; fair selection ; large attendance of buyers ; competition fairly animated. Prices are on the average at par to 5 per cent, lower than the closing rates of last series.' London, January 17. — Messrs. Buxton and Company, Charles Balme. and Jacomb, Son, and Company report that at the wool sales they submitted catalogues aggregating 8471 bales. The offerings included a fair selection of merinos. The attendance was only moderate, and sales were slow, buyers operating very cautiously. Prices generally were barely maintained, inferior and faulty lots ruling 5 per cent, below December rates. American buyers competed for crossbred?. The sales were slow, and there were large withdrawals. London, January 19. — At the wool sale a better spirit was shown, with strong competition. The Bradford wool market is lifeless, and no quotations are obtainable. At the wool sales Keri clip realised 13|d ; Tukituki. 10|d ; half, 15Jd. There was a dragging sale. Merinoa are 10 per cent, below December rates. London, January 21. — At the wool sales the bidding was more spirited, and there were fewer withdrawals. Merino classes and crossbreds were extremely firm. Up to date 47,114 bales catalogued and 29,526 sold. The following prices were obtained for some of the New Zealand clips : — Aramoho, 7Jd ; Gear, B<{d ; Pawkawa, 10id. London, January 22. — At the wool sales better competition was manifested. Merinos show a hardening tendency. Melbourne, January 23. — At the wool sales sympathy was shown with the London market. In merinos fine crossbreds declined from Id to IJd per lb, and coarse crossbreis |d, compared with prices at previous sale.

Messrs. Dalgety and Co. have received the following cable from their London office, dated 22nd inst. :: — • Wool firmer ; slightly better demand.'

Messrs Dalgety and Co. have received the following cable, dated 18th inst , from their London office : — ' Wool market weaker. Considerable quantities have been withdrawn. As compared with the closing rates of last series', merino wools are lower by 10 per cent. The decline is still more pronounced for mushy and earthy wools, which are difficult to sell. There is a fair demand for greasy and scoured crossbred wools Prices for these descriptions are lower by o per cent, than the closing rates of last series. The decline is due to forced sales of tops and to bankers abroad being disinclined to carry speculative holdings of Australasian and River Plate wools.'