DECLINE IN SYDNEY
SYDNEY, 7th March. "The wool sales were resumed to-day. The offerings totalled 10,975 bales, of which 9357 were sold at auction, also 1044 privately. •
■'■ An_ irregular demand prevailed for all descriptions/ of-rmermosr-arid; valuesyruled 5 to 10 per centrbelbw the closing" rates a fortnight ago.
The demand --was-welL -sustained for comebacks and crossbreds. The chief support came from. Yorkshire and the Con-' tinent, and the Japanese ■ demand was rather weaker. Greasy merino made up to 22% d. ■~;- :*<■; ■■••, , . .; i, The average price" of the:wool, sold in the Sydney market ttf -date-is' £11 35s Id per bale. . ; -. '■_ -■■■ '" -'■-■■■■■■-'-■:--■-'■ ">:.-
Messrs Dalgetj and Co. report eight months' wool^ business enditig 29th February as follows — ' ; •'■ ' ;■■ 8 Monfhs, , -S Months, 1931-32. .1930-31. Bales '"" "" Bales Offered. Sold. Offered. Sold. Invercaigdl 19,125 16,066 13,314 12,480 Dunedm 43,704 40,757 39,636 37,435 Tiniaru 25,981 21,912 20,793 19,295 Chratchurcb,. 71,096 67,124 50,696 46,793 Blenheim...... 43 .24 68 50 Wellington . 68,307 54,769 54;833i 48,427 Wanganui . 42,186 31,491 22,'642' l'6,667 Napier 63,119 51,525 37ill5v 32,499 Gisborne . 2,336 2fiS6i .:-35 ■ 35 Auckland 48,584 32 > 885\ 38,946 29,453 385,581 318,619 278,078 243,134
DECLINE IN SYDNEY
Evening Post, Volume CXIII, Issue 57, 8 March 1932, Page 10
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