London Wool Market.
The New Zealand Ijoan and Mercantile Agency Company (Limited) lhavg received the following 1 telegram from their -London office, dated sth instant :— Wool —The sales closed to-day, 1 since, which there has ? been t considerable business by private ti'ealy it ah average iadvarice'bi 7i per cent, on closing rates, except tor long. Staple merino - and r crossbredsc* of» medium quality, light m ( grease. The market is unchanged for superior merino lambs m grease. j The principal decline ! has-been m medium and inferior 'greasy \ clothing and combing washed, also | sconrerl. ' Wools of a faulty character' are neglected; 1 The Home and American domandjs good, .while competition, on' Belgian and ; Gerrpan accon nt is active, j The i sales comprised about 268,00(y. bales. ,70,000 bales hay^. s been held \oyer '\ ( 8500' bales have been taken for America J and 97,000 for tbe Continent.
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https://paperspast.natlib.govt.nz/newspapers/MS18851008.2.8.3
Bibliographic details
Manawatu Standard, Volume X, Issue 1475, 8 October 1885, Page 2
Word Count
144London Wool Market. Manawatu Standard, Volume X, Issue 1475, 8 October 1885, Page 2
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