WOOL.

New Zealand Tablet, Volume XXX, Issue 10, 6 March 1902, Page 13

WOOL.

London, February 28. —Bradford wool : Tops are hardening. Common sixties, 19^d ; supers, 20£ d.

TONED IN WOOL SALES. The third wool sale of the season was held in the Victoria Hall, Dunedin, on Thursday of last week. Regarding the sale Messrs. Donald Reid and Co. report as follows :—: — The total number of bales catalogued by the various brokers was 8572. There was again a good attendance of buyers, English, foreign, and colonial houses and woollen factories being well represented. The bulk of the wools in our catalogue, although bright and well grown, was rather strong — too much of the Leicester and Lincoln strain — which appears to be in too large supply the world over for the requirements of manufacturers, and prices consequently ruled low. Nevertheless, for clean, bright, sound wool of this class there was good competition up to buyers' values ; while for tickstained, shabby, and burry lots bidding was very slow sven at low \ alues. Sound, fine halfbred and combing merino wools of good color secured animated bidding, and sold at prices about equal to those ruling- at our last sale. Our catalogue comprised 1547 bales, of which 1270 bales were sold at auction and 277 bales were passed in, bidding not being quite up to owners' reserves, and in some cases not up to valuations. The following list shows current values : — Greasy merinos — good, 7d to 8d ; medium, 6d to 6|d; inferior, s[d to s^d. Greasy halfbred — good, 6?d to 7|d ; medium, 5Jd to 6id ; inferior, 4d to sd. Greasy crossbreds — superior, 6d to 6^ d ; good, s^d to 6d ; medium, 4£d to 5d ; inferior, 3d to 4d.