Wool Markets
«h (per united prkss association.) London, November 25. The wool sales opened to-day. Eleven thousand bales were catalogued. There was a fair attendance, but competition was poor. Merinos averaged 7£ to 10 per cent., and crossbreds 5 per cent, below October closing rates. The New Zealand Loan and Mercantile Ageuey Company (Limited) have received the following telegram from their London office, dated 25th November : — Wool — The sales opened on an average decline of 7£ per cent on last closing rates. The principal decline has been in medium and inferior greasy, and in medium and inferior scoured. The attendance of ; both Home and foreign buyers is nominal. Competition is fairly active.
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Bibliographic details
Feilding Star, Volume XII, Issue 62, 27 November 1890, Page 2
Word Count
112Wool Markets Feilding Star, Volume XII, Issue 62, 27 November 1890, Page 2
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