LONDON WOOL SALES
CABLE NEWS
United Press Association — By Electric Telegraph — Copyright.
THE CLOSING RATES SLIGHT DECREASE. (Received Last Night, 11.40 o'clock.) LONDOX, i'Vbniavy 8. The attor.r.iv.-.ce at, the wool sales is remarkably we-'.l sustained. Choice inclines closed at a par with the December.'Titos. Medium merino declined five per cent; faulties, ten to fifteen per cent; and good scoureds, seven and a half per cent. Crossbreds weakened during the sales, closing at par to five per cent, below the December sales; medium, ten to fifteen; coarse, seven and ahalf to ten.
Good lambs wool was firm, whilst faulty declined from five ~to seven and a half per cent. At the lower rates competition was good, with signs of returning confidence.
During the sales 113,000 bales were sold for Home markets, 66,000 for the Continent, 4000 for the United States, and 17,000 held over.
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https://paperspast.natlib.govt.nz/newspapers/WAG19110209.2.20.14
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Wairarapa Age, Volume XXXII, Issue 10160, 9 February 1911, Page 5
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143LONDON WOOL SALES Wairarapa Age, Volume XXXII, Issue 10160, 9 February 1911, Page 5
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