Keen Competition Continues At Sydney Wool Sales
United Press Association.—By Electric Telegraph.—Copyright. Received Monday, 5.30 p.m. SYDNEY, Juno 10.
At the wool sales 9907 bales wore offered and 8477 sold, 1537 privately. There was keen competition from Japan and the Continent. The market was fully firm compared with lastweek’s closing rates. Greasy Merino sol'd to lOkl. Last week’s average price was £l2 Ss Gd a bale, or 9.4 d a pound. Reduced Carry-over
MELBOURNE, Juno 10,
Although there were 1,105,807'’ bales of wool iu store in Australia o.n January 31 last, this balance by May 31 had boon reduced to 192,962 bales.
In quoting these figures the National Council of Wool Selling Brokers of Australia adds that the average price realised over all wool-selling centres for greasy wool for May was 40.25 d per lb, as compared with 11.56 d per ib for May, 1934.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19350611.2.66
Bibliographic details
Manawatu Times, Volume 60, Issue 135, 11 June 1935, Page 7
Word Count
145Keen Competition Continues At Sydney Wool Sales Manawatu Times, Volume 60, Issue 135, 11 June 1935, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in