The Wool Market.

Manawatu Herald, 30 July 1896, Page 2

The Wool Market.

We have to acknowledge the receipt from the New Zealand Loan and Mercantile Agency Company Limited, their annual review of the Victorian Wool and Grain Markets. It is a pamphlet of 80 piges, and besides wool and grain records, sales of skins, leather, frozen meat, (fee, the work contains an interesting chart showing the fluctuation of colonial wools for the past 18 years in London. From it we gather that the highest price given at any time within the 18 years was sixteen pence, in the year 1880, and the lowest eight pence half-penny, in the years 1886, 1894 and 1895. The next highest price was obtained in September, 1889, when fifteen pence a pound was realised. Prom this date prices receded, till 1892 we find an even price thorough all the sales of tenpeuce, when a rise of a penny took place at the early sales

in 1893, but fell in November to nine pence half-penny. The following year, the opening sale3 recorded nine pence, with a fall of one halfpenny in May and a rise of the same amount for the two following sales, and then a drop to the lowest sum in December. In 1895 the January

Bales were the same, but a rise was fc^necured in Jnly r and in October and T December ten pence half- penny was reached, dosing, by the chart, in January, 1896, at eleven pence. Scoured wools are also shown, and in nearly all cases they are in sympathy with the greasy wools. The highest price obtained for scoured wools was two shillings and two pence per pound in 1880, and the lowest thirteen pence, in 1895.