Markets and Money

Sun (Auckland), Volume I, Issue 208, 22 November 1927, Page 15

Markets and Money

Wool Prices Better Than Wellington

WANGANUI SALE (Special to THE &U&J WELLINGTON, To-day. •a^? o*~ 0 *~ s ’ rowers are delighted with the •tsult o £ the sale prices. bonne lines show an advance on Wellington and Napier. One farmer received 2id. a lb. more nan was offered at the crutching sale August. Prices are running: up to 19d. At the wool sale to-day. 11,000 bales cZ r * offered * ~s against 8,000 for the sole* of last year. There , *** a r** bench of buyers, and bidding ihr! a activ ? throughout, Bradford being it I 6 „ n °tict*ably on the market than CnZti*’ prev * ous sale this season. The Was buying freely, with keen from Germany at inter* £pod hoggett wool brought ex-w-pii v y good prices, particularly any linJ . ( ?J asae d and skirted. The only . « a slight slackening Dioi» ° w *th other sales was Lambs'* wool was neglected. n ,. '“** n o doubt, to the absence of *t being too early in the season this class of wool. of the sale for crossbred ( vfor fine hogget wool. Numeric llnes were sold at 1-id, 15d and SOUTHERN EXCHANGES ■h V nl tin ® ton —Reported sale: South BritdU- Bank ° £ NCW LONDON MARKETS (fate .Vovcmher 13 the High ComNew Zealand cabled from e following resume of London Hemp OWer grades are steady. Small r« J grade November-January shipments have been TW* £4l. Demand is small. Sisal: >»ov#mK rlce » is duiet. Value of No. 1 i;jg shipments is £36 to xe <ew ‘ Zealand: The market is »'Tmnv-V. * %lor e hemp is offering and contra're holding off. Closing values £34. fair £32. and oSJSSl 1 31 tOs. Stocks in London on at* were 88 tons, against 21 tons J'ame time last year.