THE GOOD OLD DAYS.

Putaruru Press, Volume VI, Issue 234, 26 April 1928, Page 5

THE GOOD OLD DAYS.

LONDON WOOL SALES. In the London Daily Mail recently there appeared an article eiintled: “ The London Wool Sales.” The writer stated that “ over 100,000 bales of Empire w(ool will be offered at the first London wool sale of the year.” She adds that “ the first English wool factory was, according to Tacitus, founded by the Romans for the making of togas, and the wool industry has been described as ‘ the jwer and strength and rc 'enue and blood of England.’ In t len of this our Lord Chancellor sitl . von a wool sack of the ‘ national material ’ in the House of Lords.”

Miss Evelyn Irons, whose name appeals at the head of the article referred to, continues: “A leading city wool-broker showed me a copy of a catalogue of the first London colonial wool auction held at Garraway’s cof-fee-house, toff Cornhill, on 17th August, 1821. Three hundred and twentynine bales from Ne<w South Wales and twenty from the Cape were quoted, together with some twenty miscellaneous lots from Europe. Prices to-day range from 9d ,to 50d per lb, but in 1821 spinners could pay as much as 10s 4d for a pound of fine merino.”