LONDON WOOL SALES.
WOOL - BUYERS OP POSE
FARTHING BIDS
London, November 27.
The wool sales commenced to<lay. The buyers held a meeting, when it was resolved to leave the room if the wool-brokers insisted on farthing bids. The Importers Committee met afterwards, and insisted on farthing \>ids being received for wool up to 1 oil in value. On the decision being announced, the majority of buyers left their seats, but remained in the room. The auctioneer attempted to sell, but very few bids were received. Ultimately he was compelled to discontinue the sale in consequence of the yelling, hissing and coughing indulged in by some of those present. Further meetings are to be held to-morrow decideVhat course shall be taken with respect to bids. The number of bales available is 156,000, including the cargo of the Balmoral Castle.
London, November 28.
Foreign, buyers strongly oppose farthing bids at wool auctions. Th c "Times" suggests that farthing bids should be limited to 9d, and in referring to the scene at the wool sales yesterday, strongly condemns the action of a section of buyers in turning the roams into a bear garden.
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Bibliographic details
Auckland Star, Volume XIX, Issue 282, 29 November 1888, Page 3
Word Count
190LONDON WOOL SALES. Auckland Star, Volume XIX, Issue 282, 29 November 1888, Page 3
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