The Wool Market.

Feilding Star, Volume XVII, Issue 164, 14 January 1896, Page 2

The Wool Market.

Per Press Association.) Sydney, January 13. At the re-opening of the wool sales the unsettled state of affairs in Europe had a depressing effect. There was a weaker tone and a decline both in attendance and bidding. Merinos were a farthing lower than the closing rates of the old year, and all other classes were easier. A recovery set in on the second day, when thera was a full attendance and spirited competition throughout tbe sales. The closing prices were fully equal to those obtained at tbe end of 1895. During the week 30,700 bales were offered, of which 26,900 were sold. The withdrawals were large, owners evidently expecting further improvement. Melbourne, Jannary 13. At the resumption of the wool sales the market shows less animation than at the opening. Merinos are $d lower than the closing rates of 1895. Crossbreds were steady, scoured firm and faulty weak. Subsequently sales showed a better feeling and brisker competition, the closing prices of last year, excepting as to crossbreds which were slightly weaker, being fully restored. Greasy fleece sold up to 9|d and scoured at ls 4|d.