WOOL.

New Zealand Tablet, Volume XXXI, Issue 20, 14 May 1903, Page 13

WOOL.

London, May 5 — The wool sales opened brisk, and show an advance of from par to 10 per cent.

London, May 6. — At the wool sales Messrs. Buxton and Co , Balme and Co., Jacombs, Son, and Co., and Hoare and Co 's catalogues comprised 8675 bales of Australian and 3501 bales from Puntas Arenas There was an unusually large attendance of buyers from all quarters There was excited competition for all sorts. Compared with the March closing rates merinos showed an advance of from par to 5 per cent. ; fine crossbred, 5 to 7i per cent. ; medium and, low, fully 10 per cent. There were similar advances in lambs and clothing wools.

Continental buyers were operating strongly in crossbreds. London, May 6.— At the wool sales prices were firm, and yesterday s opening rates fully maintained. Merinos are quoted at 5 per cent, above the closing rates of the March series. London, May 7.— The following prices were realised l Otairi clip, s|d ; Brancepeth, 6£d. The wool sales were animated, with a further upward tendency. London, May B.— At the wool sales prices are fully maintained, and Continental buyers are operathut freely. The limit of the July series of wool sales will be 140,000 net new arrivals. The Bradford Wool Market.— Common sixties, 24id ; supers, 26s ; common forties, lOd ; supers, 13d. London May 10.— At the wool sales bidding was brisk and prices unchanged, Home and Continental buyers competing eagerly. The bales included the following clips :— Ellerslie, Is Ofd ; Kapatune, Is lfd ; Manakuri, 7*d ; Castlerock, 6£d ; Kiwi, 6fd ; Mako, 6d. Up to date for the present series 50,048 bales have been catalogued, and 48,172 sold.