WOOL MARKET
HEAVY CARRY-OVER IN NORTH ISLAND.
According to a AVeKingLon iwool authority, the carry-over of crossbreds iu the North Island is {joins to be heavy. At the moment it is difficult to. giv e a reliable estimate but it certainty will nob be under 100,000 bales. As in. past years, the South Island has met the market and sold freely, and only a small curryover will be recorded there. Dominion wool disposals by auction for the 193-1 -3d season up to March 31 are 423,077 bates, as against 589,785 up to the samp datq in 1931 — u decrease of 166,708 bales. During the 1933-34 season a heavy weight of carried-over wools was catalogued. It is a recognised' fact that m-ost of the North Island crossbreds carry badly, and, when displayed for sale after a season’s storage, open up with a state, stained . appeagaucei and fcshow to disadvantage . against the newly-shorn dips. The small offerings that have come forward for the last round of Dominion sales may to .some extent account for the present firm market, buyers being anxious to cover their orders with good bright wools.
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Bibliographic details
Gisborne Times, Volume LXXXII, Issue 12528, 13 April 1935, Page 2
Word Count
187WOOL MARKET Gisborne Times, Volume LXXXII, Issue 12528, 13 April 1935, Page 2
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