WOOL VALUES IN AUSTRALIA
(Rec. 11 p.m.) MELBOURNE, Aug. 28. Although values at today's wool sale at Brisbane appeared to aettle down at yesterday’s reduced rates, values for most Merinos at the Melbourne sale, particularly better style and finer lots, moved further in the buyers’ favour. In Melbourne. withdrawal* were heavier than usual, but were confined mainly to Merinos. Competition at the Melbourne sale was divided principally between the Continent and the United Kingdom, with limited support on suitable lots from local buyers. Values for most Merinos can be quoted generally at S per cent, below the opening rates of the series.
Skirtings, irrespective of fault, continued to market satisfactorily by comparison, as did most comebacks and crossbreds. At the Brisbane sale, the downward drift in values of Monday and yesterday was arrested. Values compared with yesterday were generally unchanged for all well-grown wools. Crossbred prices in Melbourne included: good to super, 60/64's, HOJd: good 58's. 96d; good 56's. 90d; good 50’s, 82d.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19570829.2.123
Bibliographic details
Press, Volume XCVI, Issue 28368, 29 August 1957, Page 13
Word Count
163WOOL VALUES IN AUSTRALIA Press, Volume XCVI, Issue 28368, 29 August 1957, Page 13
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in