COMMERCIAL NEWS.
I Melbourne Wool Sales. % * (BYi ELECTRIC TBLEGUAPA— COPYRIGHT.')-' | (reutebs 1 ' telegram's.) . ,;. ;:i Melbourne, Thurß- lay. , . lihe New Zealand Loan and Mere^h- ' tite JA^eiicv Company .. (Liinite'd) ' held } tlie.fr opening wool sales for the coti'iin'r i season this afternoon, when the salerooms w©r^ crowded with buyers, ircludin,^ as ,wel^ as colbnial buyers, representatives 'fro ill Great Britain, the Continent, and tlicj United States^- The catalogue, ■*. whlcli comprised 2100 bales (of which 1000 were'sold) elicited spirited biddinas ; throju^hout, and the prices compare favorably with those obtained "at the recent London sales. Greasy merinos show a*i average decline, as compared .with last year's prices of from 15 to- 20 per cent., according to: quality, inferior! and faulty sorte suffering the greatest -diminution. Oossbreds had but t little inquiry, and were ffenerallyabSut.a penny lower |han last year, while some qualities nad ; declined 2£d. Greasy \yools, both.meriiio^: -and crossbred sold up to Bfd, while scoured wools fetched as high as 2s 2d per pound. '
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Bibliographic details
Manawatu Standard, Volume X, Issue 1483, 17 October 1885, Page 2
Word Count
160COMMERCIAL NEWS. Manawatu Standard, Volume X, Issue 1483, 17 October 1885, Page 2
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