SYDNEY WOOL SALES
STRONG COMPETITION (United Press Association— By Electric Telegraph—Copyright) SYDNEY, 18th February. At the wool sales 11,617 bales were offered and 10,727 sold; also 577 privately. The average price last week was £l2 3s 6d a hale, or 9.7d.per pound. At to-day’s auctions there was strong competition from Yorkshire, Japan and ■ the Continent. The full limit of last week’s closing rates for best descriptions was barely maintained, and prices for these were in buyers’ favour. With this exception values remained at about par. Greasy merino brought 16d for seven hales. m IRREGULAR AT MELBOURNE (Received 19th February, 10.35 a.m.) MELBOURNE, This Day. At the wool sales the market was irregular but without quotable change on recent rates. Prices were: Comeback 17d, Merino 16|d. GOOD CLEARANCES AT PERTH (Received 19th February, 10.35 a-.m.) PERTH, This Day. Thirty thousand bales were offered at the Perth wool sales. Good clearances were effected, but compared, with the January sales values if anything, changed in buyers’ favour.
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Bibliographic details
Nelson Evening Mail, Volume LXVI, 19 February 1935, Page 2
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164SYDNEY WOOL SALES Nelson Evening Mail, Volume LXVI, 19 February 1935, Page 2
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