Wool Sales.
(by telegraph.) (united phess association.) Invercarcill, January 16. The wool sales to-day came to an early termination without business being: done, owing to the combined action of buyers, who objected to the 1 usual clause m the conditions of sale to the effect that " the buyer, pay the broker on wool one-eighth of a penny i per lb for delivery, and a further charge of 5u per bale if repacked." No objection was taken until a lot had been knocked down to a buyer. As it was then evident there was a combined action among a section of the buyers , the New Zealand and Mercantile Agency Company and their principals who were present declined to proceed. 1 ther firms followed Buit, hauling down their .flag* The sales will be resumed to-morrow, several buyers being willing to give tne eighth, while new buyers and commissions have arrived this afternoon.
(by electric teleoraph. — copyright, (betjter's telegrams.) Melbourne, Jan. 17. At their wool auction to-day Messrs aineborough and Company, Limited, boM 1500 tales; for wh ; ch full prices were realised. Greasy wools brought to 12£, and scoured to 21£ d.
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Bibliographic details
Manawatu Standard, Volume 3, Issue 46, 18 January 1883, Page 2
Word Count
189Wool Sales. Manawatu Standard, Volume 3, Issue 46, 18 January 1883, Page 2
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