MELBOURNE WOOL SALES.
By Electric Telegraph.—Copyright.
(reuter’s telegrams.)
Melbourne, October 29.
The New Zealand Loan and Mercantile Agency held their usual weekly sale yesterday. A fairly representative catalogue was offered, comprising 1600 bales, of which 1238 wero sold. Notwithstanding the market being considerably lower, owing to Home and Continental buyers having their limits reduced, the attendance was large and competition brisk. Greasy merino shows a decline of from te f-d, and scoured wools of from Id to l-|d per lb since the commencement of the season. No large or important clips were offered. The highest price secured for greasy wool was lOfd, and for scoured ,1s 5Jd, although a large parcel of the latter was passed in at 1 s 6f d.
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Bibliographic details
New Zealand Mail, Issue 766, 5 November 1886, Page 25
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122MELBOURNE WOOL SALES. New Zealand Mail, Issue 766, 5 November 1886, Page 25
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