THE COLONIAL WOOL SALES,
(Reuteb's Telegbams.)
London, June 7.
The third of the year's series of colonial wool auctions commenced to-day, before a good attendance of home' and foreign' buyers. The opening catalogue comprised 10,000 bales, for which a fair demand was manifested. The prices lor low quality merino wool and for fine crossbreds ruled M lower than the closing rates of the MarchApril series. Coarse crossbreds sold at £d to Id lower than at last sales' closing rates. The series will close on 21st July.
(Special to Pbess Association.)
London, June 7.
Messrs Jacobson and Co. and Messrs Balme and Co. report that at the wool sales to-day 10,000 bales were catalogued, nearly half of which were from New Zealand. There was a full attendance,* and bidding was animated. : Merino sorts are 5 .per cent, and crossbreds from 5 to. 10 per cent, lower than' the prices realised ■at last series The decline is mainly on the lower grades.
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Bibliographic details
Otago Witness, Issue 1855, 10 June 1887, Page 21
Word Count
160THE COLONIAL WOOL SALES, Otago Witness, Issue 1855, 10 June 1887, Page 21
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