The Wool Market.
Tho agents of the Colonial Bank of New Zealand at London report as follows under date May 4 . — Tbo third series of auctions of colonial wool for this year opened here on the Ist instant with a net available quantity of about 392.008 bales (including 74,000 bales old stock held over from last series) Of tbe total New Zealand has 899,100 bales, including 1,400 bales from last series. The sales opened with a very full attendance from all quarters, but bidding was spiritless and buyers seemingly diffident. Since the opening, however, greater hfo has been shown, bidding on Wednesday being especially keen and animated. Good cross breds met with firm and strong support at about late rates ; faulty however, went a shade in buyers' favour, and with the exception of low greasy merinos, which brought some 3 to 5 per cent. less, all other descriptions were on a par with last sales rates.
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Bibliographic details
Feilding Star, Volume XV, Issue 346, 22 June 1894, Page 2
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156The Wool Market. Feilding Star, Volume XV, Issue 346, 22 June 1894, Page 2
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