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Australian Wool Sales.

( Per Press Association.) , , j Sydney, December 16* At the wool sales during, this , /week, * the catalogues were heavy, 81 t 6OO bales being offered, and 28,000 were -sold. Competition throughout was very keen, and the upward movement was Well • maintained for the best descriptions, buyers conceding an extra |d tp £d. All good greasies were specially brisk. Scoured was also in strong request, though washed wools were slightly weaker. On the whole it was generally estimated that locally sold wool brought £d higher after allowing for freight and commission, than would hare open obtained in London. * ,< j i*. Melbourne, December 15.. At the wool sales daring the, week business was marked by extreme .animation. Competition was keen thrbugh* out and advances fully maintained, buyers showing a willingness to stretch a further point for better classes. ' Good merino was specially in demand Jselling up to ll£d, while greasy crossbreds Drought 9Jjd. Medium crossbred was hardly so brisk ; faulty sorts, irregular ; good scoured firm; choice slips sold'at „, Is 2a to Is Bjd respectively. The?s«a« * son has passed its zenith and catitojjgaeß - are steadily decreasing. To date2Bo> ' > 000 bales have been offered, and over 240,000 sold. - \ . : ' Adelaide, Deo. 16. '( , The wool season closes next ty onday. ' * The sales throughout have been marked ' ' r> by great briskness, with, prioes yell op s " to London advices. The quantity sold shows a large increase on any fMnoxia season since local sales wereinangnnted , ' and the prices obtained must convince^ > that local auctions are moreprbfitable than running the risk of paying heavy' < commission by. sending to the Loidon ? market. . ' "

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18951217.2.32

Bibliographic details

Feilding Star, Volume XVII, Issue 144, 17 December 1895, Page 2

Word Count
264

Australian Wool Sales. Feilding Star, Volume XVII, Issue 144, 17 December 1895, Page 2

Australian Wool Sales. Feilding Star, Volume XVII, Issue 144, 17 December 1895, Page 2

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