OVERSEAS MARKETS.
AUSTRALIAN WOOL SALES,
(Received 10 a.m.) MELBOURNE, this day. At the wool sales 10,000 bales were offered. Good clearances were made. There was a very strong demand from Japan. Compared with closing December rates values were:—Super Merino, par; good Merino, 5 per cent to 10 per cent higher; average topmaking, 10 per cent; skirtings, 10 per cent to 15 per cent; comeback and tine to medium crossbred, 10 per cent higher; coarse crossbreds, little change. At the Brisbane Wool sales 13,900 bales were offered. Values compared with late Sydney rates were firm. Highest price for greasy was 27Vid and for scoured 40% d.
THE PRICE OF GOLD. AMERICA'S PURCHASES. (Received 11 a.m.) LONDON, January 29. Gold is quoted at £6 12/5% ,per ounce. America purchased £800,000 sterling the whole of the amount offered.
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Bibliographic details
Auckland Star, Volume LXV, Issue 25, 30 January 1934, Page 4
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135OVERSEAS MARKETS. Auckland Star, Volume LXV, Issue 25, 30 January 1934, Page 4
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