THE WOOL MARKET.
INVERCARGILL SALES. By Telegraph.—Press Association. lnvercargill, Last Night. At the second wool sale of the season held yesterday prices generally ruled higher than have been secured in other centres this season f«r the same quality and condition of woo!. All round the prices were exceedingly satisfactory, and the top price secured (13y 2 d) was au advance oi i/id on the December best, and of at least 2d on the highest total secured in lnvercargill for many years past. Then, again, very many lots fetched prices in the neighborhood of Is (under and over), and the greater bulk of the bales submitted realised decided advances, even reaching to au increase of 4d on inferior lots. For today's sale buyers made their arrangements in Anticipation of a rise in the English markets of 10 to 15 per cent., and soon after the sale had started cabled advice arrived showing that expectations had been realised to the extent of an increase of at least 10 per cent. Competition was therefore stimulated, and the sale went with a swing.
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Taranaki Daily News, Volume LII, Issue 294, 21 January 1910, Page 2
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179THE WOOL MARKET. Taranaki Daily News, Volume LII, Issue 294, 21 January 1910, Page 2
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