WOOL MARKET
MAftCH SALES CLOSE
PRICES SLIGHTLY 60WN
The March series of wool sales lias closed. Generally specking, the tone of the opening day was upheld, and values showed but little change throughout. Merinos were the chief buying for the Home trade and Franco, but Germany was hesitant and bought only sparingly. Greasy wools closed generally at about 5 per cent, below January rates. Scourcds averaged par to 5 per cent, below, witli any tendency in sellers' favour. During last week greasy crossbred wools experienced the chief competition from Yorkshire buyers, despite the large offerings. Opening rates were well maintained. Scqureds and slipes were generally at a 5 per cent, decline on opening rates. Greasy lambs wools were about 5 per cent, decline. Scoureds were more difficult to sell, and there were considerable withdrawals of such wools.
There were catalogued 98,945 bales, in: eluding 20,000 puntas. It is estimated that 43,000 were sold. The Continent took 4000, America 25,000, and the , home trade held about 27,000. Sales:—Woolnorth, 21d to 19d; Divedowns, 20d to 19d; New Zealand Sherbrooke, 16Vkl to lad; Mando, 19d to 18d.
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Bibliographic details
Evening Post, Volume CVII, Issue 67, 22 March 1929, Page 14
Word Count
184WOOL MARKET Evening Post, Volume CVII, Issue 67, 22 March 1929, Page 14
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