OVERSEAS MARKETS.
LESS WOOL IN SIGHT
CAPETOWN, September 6. Owing to the record drought the South African wool clip is expected to show a decrease of 15,000,0001b or 50,000 bales. Yesterday's cables announced that Australia's wool clip this season will be 400,000 bales less than that of last season, of a decreased value of £7,000,000. LONDON WOOL SALES. Dalgety and Company, Ltd., report having received the following cablegram from their London house, dated September 6: —Wool: The following vessels in which we are interested have arrived in time for the sales: Raranga, Rotorua, Arawa, Tairoa, Remuera, Port Hardy, Matakana, Port Pirie and Mataroa. We will Bell on September 16, 23 and 28. The sales will close on September 29. CHICAGO WHEAT VALUES. (Received 10 a.m.) CHICAGO, September 7. Wheat for delivery in September is quoted at Chicago at $1.31% per bushel. For December delivery the rate is. $1.36%, and for March $1.40%. } SYDNEY WOOL SALES. SYDNEY, September 7. At the Sydney wool sales there was a strong genera] competition with a distinctly hardening tendency notkeabL for finer descriptions free Merino wools, all other descriptions were in i ™ on s request at full late rates. Greasy Merino sold to 28ttd.
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Bibliographic details
Auckland Star, Volume LVIII, Issue 212, 8 September 1927, Page 4
Word Count
199OVERSEAS MARKETS. Auckland Star, Volume LVIII, Issue 212, 8 September 1927, Page 4
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