RATES MAINTAINED
AT LONDON WOOL SALES STRONG COMPETITION FROM HOME TRADE. N.Z. REALISATIONS.' By Telegraph—Press Association—Copyright. (Received This Day, 11.0 a.m.) LONDON, May 3. At the wool sales, 9062 bales were offered, including 5393 from New Zealand, and 7967 were sold. There was a fairly good selection, chiefly of New Zealand crossbreds, and strong competition came from the Home trade at firm rates. New Zealand greasy crossbred Pa_panui averaged, 9Ad, with a top price of 10jd; Ngatapa, 9J to lOJd; greasy half-bred fleece, Stonycroft, lid. COMMENT BY DAWSONS. NO CAUSE FOR PESSIMISM. (Received This Day, 9,35 a.m.) . LONDON, May 3. Messrs Dawsons, commenting on the wool sales, say: “It is an amazing fact that despite recurrent rises, wool has showed a minimum fluctuation. There is no justification for pessimism through prices are low and profits small.”
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Wairarapa Times-Age, 4 May 1939, Page 7
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136RATES MAINTAINED Wairarapa Times-Age, 4 May 1939, Page 7
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