WELLINGTON WOOL SALES
WELLINGTON, March 27
Messrs Levin and Co. report on the Wellington wool sale Bidding from the outset was brisk and animated and reminiscent of the January sale. America was out for the best; the Continent for logsiaineil and inferior crossbred, seedy, iambs' and bellies and pieces; Japan for the coarsest Lincoln; Bradford for everything. The only thing lacking was the competition of the Dominion mills l’or halfbreds and rnerinos. They have apparently satisfied their requirements for the time being and prices Tor such qualities came back to London parity. Fine crossbreds suitable for America were keenly sought after at an advance on February of Id to- 2d and prices were back again, (o the January level. ."Medium crossbred, which shewed a fall in February of Id to lid, recovered half the leeway. The rise on February was Id to Id. Coarse crossbreds 40/44s were in heavy supply and showed an advance of -£d to gd— practically January rates. Low crossbreds 06/40s met a strong demand from Japan and advanced g-d to Id, making to-day's prices the highest of the season for this grade. Hoggets’ wool met with good' competition at last sale rates. Lambs’ wool was well searched for and was fully J,d to Id better than February.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM19230328.2.8
Bibliographic details
Nelson Evening Mail, Volume LVI, 28 March 1923, Page 2
Word Count
211WELLINGTON WOOL SALES Nelson Evening Mail, Volume LVI, 28 March 1923, Page 2
Using This Item
Stuff Ltd is the copyright owner for the Nelson Evening Mail. 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