WOOL MARKET.
OUTLOOK FAVOURABLE. The Bank of New Zealand, produce department, has received the following advice from its London office under date March 4:—The prospects for the next series of wool sales arc favourable. It is anticipated that there will be a good demand, but, as compared with the closing rates of hist series, crossbreds will possibly by 5 per cent, lower. At the close of the last series of London wool sales the London office of the Bank of New Zealand reported quotations as follow: Per lb.
Merinos — d. cl. Ordinary, 00-04’s ... Inferior, 60-04’s Hal fbreds — 56-58’s ... 12 to 13 ... 9} to 10 ... 12} to 131 ... 12 to 12! 50-56’s Crossbreds —r ... 11\ to 121 ... 101 to Hi ... 10-1 to 11V 40-48’*. ... 101 to 11 44-46’s ... 101 to 11 ... 101 to 11 36-40’s ... 10} to 11
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https://paperspast.natlib.govt.nz/newspapers/MS19380307.2.54.2
Bibliographic details
Manawatu Standard, Volume LVIII, Issue 83, 7 March 1938, Page 5
Word Count
137WOOL MARKET. Manawatu Standard, Volume LVIII, Issue 83, 7 March 1938, Page 5
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