COMMERCIAL.
LONDON CABLE. (By Telegraph.—Press Association.) (Received 10.58 a.m.) LONDON, December 2. At the London Wool Sales there was increased competition, and prices for all descriptions were jful!.y maisJfained. The wheal and flnur afloat for the United Kingdom is estimated at 1,955,000 quarters, and for -lie ("eminent at 1.120,000 quarters; Atlantic shipments. 35M.000 quarters; Pacific shipments, .57,000 quarters. NAPIER WOOL SALES. DROP IN CKOSSBREDS. (By Telesra&h. —Pre?e Association.) XAPIER, this day. The first wool sale of the season opened this morning, before a large and representative attendance. Tbe catalogue comprised 7IK>T!4 bales, as against 7148 at last year's opening. The air of buoyaucy, however, which was thfn apparent, was missing to-da.r. The bidding kept in defined limits, and in flip majority of instances failed to reach sellers ideas of values, and a large proportion passed in. Some of tho best crossbred wool for which last year 1/ and even 13d were offered, showed a drop of threepence. Buyers, too, complained that the wool as a whole had deteriora:ed. and that the staple was not so well grown nor so good in character as last Year.
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Bibliographic details
Auckland Star, Volume XXXVIII, Issue 288, 3 December 1907, Page 3
Word Count
185COMMERCIAL. Auckland Star, Volume XXXVIII, Issue 288, 3 December 1907, Page 3
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