LONDON WOOL SALES
' The New .Zealand Loan anrl Mercantile Agency Co., Ltd., have received the following cablegram from their ■ London house, under date June 17:— June'' 17—Wool sales opened. Merino and fine crossbred are .about same as Jast, with the exception of fault}' and in- • ferior descriptions.' Market weaker. ■ Mcdium and coarse crossbred, 5 per cent. '. lower./, . ■ The Bank of New Zealand has received ' "the following cablegram from its, London . 'office... uiiijer; dale Juno 17:—"Wool sales "(ipened with fair competition, Medium prid coarse crossbreds, 5 per cent, cheaper; .""•other descriptions unchanged." """Messrs. .Levin, and Co:, Ltd., report /" that .their, cable message dated London, ' ;June. 17, "and received June 23, reads lis ' "follows:—"As compared with May, closing rates,. the present'sales show: Merinor ""'and fine "crossbreds .unchanged. Medium crossbreds are five per cent. lower, and coarse crossbreds are ten per cent, cheaper." , : Messrs. Abraham, and Williamß yesterday received cablegram from their I;ondon office, as follows:—"Fine crossbreds, . . unchanged; medium crossbreds, 5 per cent. " lower;, coarse crossbreds, 5 to 10 per-cent, lower. ■ ••
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Dominion, Volume 12, Issue 231, 24 June 1919, Page 8
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168LONDON WOOL SALES Dominion, Volume 12, Issue 231, 24 June 1919, Page 8
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