London Wool Sales
By Electric Telegraph.— -Copyright. («B PNITBD FBKBS ASSOCIATION.) London, JVoTember 27. Before the wool sales commenced to-day, the buyers held a meeting, when it was resolved to leave tke room if the woo I brokers insisted on farthing bids. The Importers 1 Committee met afterwards and insisted on farthing bids being received for wool up to lOd in value. On the decision being announced, the majority of the buyers left their seats but remained in the room. The auctioneer attempted to sell but very few bids were received. Ultimately he was compelled to discontinue the sale in consequence of the yelling, hissing and singing indulged in by some of those present. Further meetings are to be held tomorrow to decide what course shall b» taken with respect to the bids. The number of bales available is 1 57,000 including a cargo ex Balmoral Castle. November 28. Foreign buyers strongly oppose the farthing bids at the wool auctions. The Times suggests that farthing bids should be limited to 9d, and in referring to the scene at the wool sales yesterday, strongly condemns the action of a section of the buyers in turning them into a bear garden.
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Bibliographic details
Feilding Star, Volume X, Issue 65, 29 November 1888, Page 2
Word Count
199London Wool Sales Feilding Star, Volume X, Issue 65, 29 November 1888, Page 2
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