CHRISTCHURCH WOOL SALE

Dominion, Volume 14, Issue 45, 17 November 1920, Page 8

CHRISTCHURCH WOOL SALE

PASSED-IN LOT'S SOLD AT ADVANCE »N AUCTION OFFERS. Br Teleimoh - P reßs Association. Chrlstchurch, November 16. ( ItMs pointed out thnt at yesterday s wool sales there were enough biivcis present lo assimilate live times the catalogue with little concern, hut their polic> was obviously one of waiting, with the probability that had any particular buyer operated freely he woud have had connetition to contend wtfh. As a maatr Sf fact, brokers to-day sold quite an amount of the>v*<xl-»i rata hgue at lid |o 2d. per lb. more than 'tie price.bid at auction. Most of «u> snflcs were to , local buyers, but < o «» s,on . n r L l l s pf Ztf t b outside representatives. (he fact that Hales havu taken place at 15 to 20 per cent in advance of the auction offers would Bcem to suggest that Momlnj s prices about touched bedrock. Tt " Hint several of tho very full bench of liuvers possess large P mVl '™: and it is believed 'that when they n et ", to touch with Ihoir principals as to the position here their limits «iH bo of wool. .

■ TIM ABU SALE CANCELLED. A Press Association telegram states I bat the Tiroaru wool sale, fixed toi Thursday, has been cancelled on account of tho lack of entries. sWANGANUI SALE POSTPONED. Wnnganui will bo °" Jnjular y 8 -