LONDON WOOL SALES.
(PER PRESS AGENCY.) Dunedin, May 27. Messrs. Cargill, Gibbs and Co. have received the following telegram as to the wool market from Messrs. Helrauth, Schwartzs and Co., dated London, 23rd May :—A good tone prevails in the sales. Prices for Port Philip and Sydney grease (wether) higher, .particularly medium wools. For Adelaide and New Zealand grease prices are unchanged. Prices for the bulk of fleece are as depressed as at last sales, and the improvement in prices for crossbred as lately telegraphed is not maintained. Prices for superscoured are firm, while prices for Port Philip and Sydney superfine fleece are as low as at the end of last series.’ Trade with Germany is good, but rather flat in England and France. The New Zealand Loan and Mercantile Agency Co. report under date Loudon, May 21 :—The wool sales are progressing firmly. Competition of both home and foreign buyers is active. Up to date 105,000 bales have been sold.
The wheat market is quiet; Adelaide is worth 48s. Mutton tallow, 345.; beef, 425. per cwt., and there is no speculative demand. Town milled flour is cheap. There are heavy arrivals of North American. Leather, best sides, 9 Id.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/NZTIM18790528.2.13
Bibliographic details
Ngā taipitopito pukapuka
New Zealand Times, Volume XXXIV, Issue 5666, 28 May 1879, Page 2
Word count
Tapeke kupu
200LONDON WOOL SALES. New Zealand Times, Volume XXXIV, Issue 5666, 28 May 1879, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in