COMMERCIAL
The ' Loan Circular' of May 30th reports : —Wool market: Towards the close of the sales there existed a better feeling as regarded demand. , Considerable irregularity in the biddings was observable. In greasy descriptions a very liberal reduction was made by buyers in their offers to cover the high rates paid in Eeb ruary-March. The result of the. subsequent scouring did not justify so large a margin as 3d., which was then allowed, and which probably exceeded by Id. the actual loss sustained in scouring. For unwashed wools hereafter a recovery of id. to Id. is not unreasonably expected; Quotations for inferior to superior washed fleece a.re Is. lf-d.; inferior to superior scoured, 2s. Id.; greasy, Is. to Is. 2d. The arrivals for the JuneJuly series amount to 1M,334 bales, including 32,813 from JSTew Zealand
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Mount Ida Chronicle, Volume III, Issue 177, 26 July 1872, Page 6
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135COMMERCIAL Mount Ida Chronicle, Volume III, Issue 177, 26 July 1872, Page 6
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