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THE WOOL MARKET.

"A SLIGHTLY IMPROVED TONE,"

AMERICANS OPERATING.

Messrs. Murray, Roberts and Co. received tho following. ivoo] market cablegram from thoir London house (Messrs. Sanderson, Murray and: Co.)' yesterday, ,• . " Market stronger, 'compared with the ' closing rates of May sales. Superior greasy merino and-fine-Crossbred slioV 110 material change; Scoured merino ad-. ' vanccd 5 tio per cent.,, inferior descriptions showing the greatest advance. Greasy merino inferior' to medium advanced 5 to 7J per cent., inferior descriptions showing the greatest advnnco. Crossbred coarse to medium advanced 5 to 7ji per cent, Crossbred coarse to medium suitable for America advanced 10 to 15 per, cent." . ; . Mr. .A. H. Miles (resident partner), after analysing'the above cablegram, states that it indicates a slightly better tone, which ho attributes to, the operations .of American buyers, who want the light-conditioned coarso crossbred wool. .He would point out that there was no material change in the superior classes. ■ . ; ■ • •. ■

Messrs. Hartshorn and Wellwood, Hastings, advertise some fine properties . for sale in Hatfke's Bay. • ; ' • ' . " Messrs. Mitchell and Griffiths, land agents Eketahuna, l'ahiatua, and Woodville, insert an advertisement in this issue

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19080724.2.25

Bibliographic details

Dominion, Volume 1, Issue 258, 24 July 1908, Page 6

Word Count
180

THE WOOL MARKET. Dominion, Volume 1, Issue 258, 24 July 1908, Page 6

THE WOOL MARKET. Dominion, Volume 1, Issue 258, 24 July 1908, Page 6

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