Ogden Daily Standard | 1915-01-19 | Page 5 | Wool Options

WOOL OPTIONS London. Jan. 19. She first series of the 1015 wool auction sales opened todav with offerings of 0700 bales principally merinos and practically all were sold. The attendance was good, there beine present more American, French and Belgian buyers than at tb last Bales. The demand was brisk and sllpes and merinos sold from unchanged to 5 per cent higher while greasy cross breds advanced from 5 to 10 per cent. The home trade secured most of the wool, but America Amer-ica and France took several parcels of merinos. The board of trade announced that merinos may be shipped to America, provided the stautory declaration is made that the consignee Is known to the shipper and that the wool will not be re-exported. Thi3, it is believed, be-lieved, is the reason for the rise in merinos. nn