Argus (Melbourne, Vic. : 1848 - 1957), Thursday 1 September 1921, page 3


Brisbane- Auctions..'.,;.

BRISBANE,-. Wednesday. - Yesterday "1",8 bales were offered. Competition was much more general than since the resumption of the auction sales. Practically every line was sold under the hammer. / ' Compared with the closing rates in June,

the market for, best merino descriptions showed a slightly lower tendency, but when sales were erected they were about on par with the rates of last sales. Good average wools, allowing fine quality, were dearer. They were- mostly 5 per cent., and in some cases 10 per cent, dealer. Brokens and pines eagerly competed for, and sold at very full rates and up to 10 per cent increase. Inferior descriptions of merino were in sellers' favour to the extent of 10 per cent. A recess of the month has been arranged for buyers between September 17 and October 17. No sales will take place

in this centre of the Rotitlicm centres during that period. It is anticipated that all wool received into > store before June 30 will be offered for auction towards the end of October.

Sales were continued to-day, when Dalgety and Company submitted 14,37 bales. There was an " improved and and confident. tone in the bidding.' Bradford buyers -were the principal opera-tor!,, although very strong support was given by French and German buyers. Japanese buyers competed freely. As compared with prices at the June sales Super. fleece wools may be quoted about liar, good average fleece 5 to 10 per cent, higher, skirtings 10 per cent higher. Prices for finer wools of a good average class showed an advance, and fine crossbred-! were in better demand at slightly inquoted rates. Coarser quality were neglected.