THE WOOL SALES. London, November 19.
The Bradford wool sales show a more cheerful tone, but little business is being transacted. Prices are unchanged. November 20. Experts believe that the rise in wool will continue. November 22. The wool sales at Bradford are more active. Merinos are a shade firmer, while crossbreds are weak. November 23. The total quantity of wool wbich has arrived up to date for the next series of wool sales is 160,000 bales, in addition to which there are 10,000 bales held over from the last series.. Twenty thousand bales have been sent direct to the manufacturing districts, and it is expected that about 170,000 bales will be available for the forthcoming sales. Sydney, November 19. Wool buyers, realising that the clip will be very short, are showing increased keenness in bidding. For all good clips the advance is fully maintained. Greasy merinos sold up to 10J3, and mediums readily; but crossbreds are very dull of sale, and large withdrawals have been made. November 22. At the wool sales a parcel of choice hogget, greasy, sold for ll£d, the highest price for the last four years, except in special lines. However, greasy show 3 a slightly easier tendency. Scoured is in better demand, and the risa is fully maintained. November 23. The wool sales for the week closed strong, with a healthy tone and undiminished activity in competition. Tbirty-two tbooaand Tine hundred bales were offered, oE which 2810 were sold. In all the better classes advances were fully maintained, but with inferior sorts the disinclination to buy was more marked. Americans were the largest buyers, but English and Continental dealers took a fair share. Melbourne, November !•&•. ' The competition at the wool sales is extremely active in all the better classes, which show a distinct improvement. Greasy merinos sold at 10£ d. Orossbreds are in fair demand. CnniSTcnuncn, November 22. The first wool sale of the season was opened this morning, and continued till late this evening. There was a full attendance of buyers, but there was no spirit in the biddings. A fair proportion of wool was sold, and considering the somewhat unsteady position of the world's chief wool markets and the bad condition of the bulk of the clip the prices obtained most be considered satisfactory, though not so high as some of the growers had been led to expect. The most noticeable feature of the sales was the demand for strong crossbreds and longwools, which sold at prices a little below those of fine halfbreds of equal condition. There was also a fair demand for good merino wools, of which the quantity included in th 9 catalogues was smull. About 10,000 bales were offered. Prices current were : — Merino : Medium to good, 6d to 6Jd ; inferior, 4^d to s^d. Halfbred : Superior, 8d to 8-td ; medium to good, 7d to 7ijd; inferior, 6d to 6£d. Crossbreds : Superior. 8d to B£d ; medium to good, 7d to 7Jd ; inferior, 6cl to 6£d. Longwcol : Superior, 7£d to B^-d ; medium lo goad, 7d to 7£d ; inferior, 6d to 6sd. Crossbred pieces and bellies (good), 5d to 7d ; do locks, 2d to 3Jld.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/OW18951128.2.19
Bibliographic details
Otago Witness, Issue 2179, 28 November 1895, Page 7
Word Count
522THE WOOL SALES. London, November 19. Otago Witness, Issue 2179, 28 November 1895, Page 7
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.