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POSITION OF WOOL

BUOYANT MARKET

LONDON SALES ACTIVE

United Press Association—By Electric Telegraph— Copyright. (Received September .21, 11 a.m.) LONDON, September 20. The aggregate offering at the wool sales today-was 10.553 bales, including 6464 New Zealand. A total of 9885 bales was sold. Active Home and Continental competition Was experienced, and the market had a very 'firm tone. The bulk of the offerings was sold at full opening levels. New Zealand sales included creasy merinos, "Anchor Kocklands," highest 15Msd per Ib, average 14 7-8 d; scoured merinos, "Shelton Downs," sold at 26d. (Received September 21, 11.15 a.m.) LONDON, September 20. Henry Dawson, Sons, and Co., Ltd., report that the selection on the opening day was the best for many years. Buying was well spread and no one section obtained more than a small share. A strong confident tone was discerned, with evidence of substantial available purchasing power. Dalgety and Co. report that the market was at first hesitant, but soon became strong, with indications of probably a further advance.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19330921.2.188.6

Bibliographic details

Evening Post, Volume CXVI, Issue 71, 21 September 1933, Page 14

Word Count
169

POSITION OF WOOL Evening Post, Volume CXVI, Issue 71, 21 September 1933, Page 14

POSITION OF WOOL Evening Post, Volume CXVI, Issue 71, 21 September 1933, Page 14

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