LONDON WOOL MARKET.
(Per Loan and Mercantile Agency.) [ Wool- We are pleased to be able to re- | port that at the wool sales which opened _ London this day week coarse crosshred shows a distinct advance In price, „l% stimulated by a demand from Ame- ! Rica is Ukefy to be more in demand than iJ? £'„_ been of late. The rise In medium and toe WOOIB has been a steady feature Sf the London market for some time pas and we look for keen competition for all _uch lines when the local sales open in S'w We would strongly advise farmers to be careful when packing their £5? to keep the various grades separate as there is a graduating difference | of u_ to 4d per lb in value between Lin"."Ll merino. It is interesting to note I that of tS total offerings of 200,000 bales ! at- the series of sales now current in Loni don fully one-half is New Zealand pro- . I duction.
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Bibliographic details
Auckland Star, Volume XXX, Issue 230, 28 September 1899, Page 3
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161LONDON WOOL MARKET. Auckland Star, Volume XXX, Issue 230, 28 September 1899, Page 3
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