EASING TENDENCY
commerce
London Wool Sales NZPA—Copyright Rec. 9 p.m. LONDON, Oct. 7. Tire close of the present series of London sales yesterday confirmed the easing prices for dominion wools, says the Finnacial Times. Prices dropped sharply for New Zealand greasy crossbreds, and better style Australian greasy merinos, which previously received good support, were lower.
Compared with the values at the close of the first week’s selling, when prices were about 50 per cent, up on the July sales for merino and about 70 per cent, for medium crossbreds, the Committee of tlie London Wool Brokers quotes these declines: Australian greasy merino spinners warp, 5 to 15 per cent, from first week’s level; New Zealand greasy crossbreds, 7 to 20 per cent.; South African, 10 to 15 per cent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19501009.2.114
Bibliographic details
Otago Daily Times, Issue 27515, 9 October 1950, Page 8
Word Count
129EASING TENDENCY Otago Daily Times, Issue 27515, 9 October 1950, Page 8
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in