OUR STAPLE PRODUCT
WOOL MARKETS THEN AND NOW. One of the marvels of the last hun dred years has been the development of trade between the overseas possessions of the Empire and Great Britain. A woci catalogue in the possession of Messrs H. P. Hughes and Sons, of London, which is eighty-two years old, reads as fullows:—"For sale by public auction, at Garraway Coffee House (Change Alley). Cornhill, on Wednesday, sth August, 1829, at 5 o'clock precisely, the following goods, viz -250 bales New South Wales and Van Dieman's Land wool" The catalogue contained sixty-seven lots, and the sale occupied several days. The highest price paid was 6|d per lb In May of this year, 1910, the catalogue comprised 170,0u0 bales, and the sale lasted only fifteen days. Of the wool offered, 4000 bales was sold t-> America, 94.0U0 bales for Home consumption, and 54,000 bales for the Continent. The highest price realised for greasy wools was 15d per lb.
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Wairarapa Age, Volume XXXII, Issue 10059, 5 August 1910, Page 5
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160OUR STAPLE PRODUCT Wairarapa Age, Volume XXXII, Issue 10059, 5 August 1910, Page 5
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