VALUES RISE IN GEELONG
(N.Z. Press A ssociation—Copyrig ht) GEELONG. May 2. A full clearance of the 15,450 bales offered—-largely spinners in both Merino and crossbred sections—resulted at Geelong wool sales today. Substantial quantities of crutchings were also offered
Buoyant selling conditions prevailed, and the market for the full range closed at the highest point of the week, with values tending in sellers’ favour. West and East Europe, the United Kingdom, Japan, and local mills operated, with the United States more active than usual. Prices included: Super 6O’s» 114 d; super 58’s, 108 d; super 56’s, 102 d; super 50’s, 96d.
Brisbane Market Buoyant In Brisbane today values were fully firm on yesterday’s improved rate, and the sales closed on a buoyant note, at par to 2| per cent, higher than Monday’s opening.
There was a full clearance of 16.500 bales offered. The Continent, Britain, and Japan provided good competition throughout the sales.
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Bibliographic details
Press, Volume XCV, Issue 28267, 3 May 1957, Page 10
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153VALUES RISE IN GEELONG Press, Volume XCV, Issue 28267, 3 May 1957, Page 10
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