Salt Lake Tribune | 1900-01-27 | Page 11 | Colonial Wool Sales

Colonial Wool Sales London Jan DL Tho first series of the colonial wool stiles for this yoar closed today The offering today numbered 14lM Imlen and consisted of rather fair catalogue Competition In mormon was KOO < I i pi > cinllv the continent New Zen land croHsbreds were In excellent dn I mnno and were taken by tIm home trade I nl full rale Good line of scoured stock wero taken by the American roprcHenta tlyi F Dnrlng the scries there were many withdrawalH The homo trade purchased 170CO bile the continent 3Srno and l America 4QIJ bales There were 0700 Jmlci carried over After the strength of the last series and encouraging trade conditions and abort supnlle another rise was generally ex pectod at the opening of the present set1t But instead the sales opened with I limitation on the part of buvcra Minor I crossbred sold par to 5 per cent but soon otuod off to 7 > vP10 per cent below the December eorlca This weakncJ was I duo to the dear money conditions and the I unsettled nolltlcal conditions In South Africa Thf continental buyers Were rather cautious ut lm and the homo truth was ijulet In their peculations owing ow-ing to the healthy trade reports I l nter opera torn becamo mor conlldent especially the continental and American I buyer anti an r result prices idvnnc l t considerably particularly for course unit i medium croMiIedtj and tint greawy user I inoH Tin cloMhnc tone of the nerleH WIIH stenily at about Dcc nilK r rat < s and oc riniluunnily 5 pin cent higher r utiuc of 0oi Hop nnd Natal wool v It tj and 1 irgil ttluijtitu