WELLINGTON WOOL SALES.

Wairarapa Age, Volume XXV, Issue 10713, 6 December 1913, Page 4

WELLINGTON WOOL SALES.

In sympathy, with the sales\ held ,re-j cently at Auckland.and Napier, there was a sharp decline in prices;at jfche : Wellington wool , sales Several explanations are offered. 1 It in respect of ead* sale that the quality of the wool is.not as good' as that of last year., On this pqint therd is room for, a serious difference of opinion. Then it is alleged that buyers made losses last year which, they-are determined, to. avoid this year. In the opinion of the producer, this is not a sufficient excuse for the decline. vThe statement that ers' ideas of values are above the jactualt marfeef prices, i« hardly jiislified' by most ! recent reports ,f rorn London. :It may he that and, Coutinental buyers are taking advantage of the temporary , absence of American competition.: Whatever tnay. -Ht thecaxisey the fact remains that the prices offered are from: ld- : to 2d lower than they last year. When we remember that a fall, of one penny per i'pontid "represents a jlossj. in the aggregate, of a million pounds to the Dominion, we can understand the feeling of anxiety that hasover<(taken -the producers'.' If Afifortunate '•that rii&riy of the wool-j*r6wers can iafford to;ship on their own account, few''will he found 'to 'blame them for adopting, -this alternative, under ; tne circumstances., ~,•. - j