SELECTORS' WOOL.
The following facts relative to the comparative advantage of selling small parcels in Melbourne or London may be interesting just now to many of our readers. Last year a selector sent to London 5 bales, the net weight of which was 162 lbs. The 1057 lbs. of greasy realised in London Is 1H ; 344 lbs of mixed, lHd ; and 220 of scoured locks. Is 4id per*lb. The wool was shipped in November, when greasy was selling in Melbourne at the average price of 10£ d, and was sold in London in May, when th» market was unusually good. The amount realised was £91 6s 4d. The total charges on the 5 bales transmitted to London was £10 3s 7d ; had they been sold in Melbourne these would have been £7 4s od. On a comparison of pries rulmg in Melbourne and in London in May, with these charges, it appears that the experimenter made a gain of about 2 per cent. , occasioned by the wool arriving in London t»v tho May sa'es, which were exceptionally good as compared with the first series in February. — Deniliqnin Chronicle.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/OW18750925.2.79
Bibliographic details
Otago Witness, Issue 1243, 25 September 1875, Page 18
Word Count
188SELECTORS' WOOL. Otago Witness, Issue 1243, 25 September 1875, Page 18
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.