HOW VALUES HAVE RISEN.
The market is now waiting to see how things shape in Coleman street, prices locally having advanced about as far as they are going to do for the present. Expectations generally are fairly high for next week, and London is expected to open strong. It does not seem likely that there is going to be any ease in wool values for some time to come, and while confidence is fairly strong concerning the immediate future, yet nobody seems disposed to anticipate things six months ahead. But this is a time of tHe year when little forward buying is indulged in, and in view of the readiness of the Continent and America to buy wool, Bradford will be forced to do something. We seem to have come to a time in the wool trade which is eminently satisfactory for the girower and the seller of the raw material, but bad for the spinner and manufacturer. However, there is no prospect of there being any -relief for some time to come, vnd the following table shows how values have risen during the past month: —
The upward course of values has been very marked, and to-day a higher range of values obtains for English descriptions than for the past 25 years. Buying for America continues unabated, and already a contingent of fresh operators has arrived in Bradford ready for London next week. Another lively time is in store.
Description. m 9 14 v a d. a ?3 v a a 1-3 o so c a d - • d. d. Lincoln hoggs Lincoln Wethers ... Deep-grown hopes Deep-Ktown wethers White super hoggs White super wethers Irish hogCB Irish wethers Shropshire hoggs Shropshire wethers Ordinary halfbred hoggs ... < 'rdinary halfbred wethers Wilt*hire Down tegs Wiltshire Down ewes ... Super 60's, col. tops Ordinary 60's, col. topai . . . Ordinary 50 f «, col. tops ... Ordinary-40's, col. tops ... Ordia'y 6O'.s, Buenos Ayre3 tops ... ' '. Turkey average mohair . . . Cape firsts, mohair 12i 12 12 U2 12 1H 12i 121 124 121 12 11* ]§| 24* 191 16 12JI 12 12j] 12? 121 13 12| 13 12J 12} 12 131 13J 25J 24* 20 16 13 h» I 12J 121 m 13 12| 13 13 12J m m 2fc'i 24* 20 16i 13* IS" 13 125 13 12J m 131 13} 131 13i 13 14 14 25J 24J 20J 16h 13j 13 13 12; 1313J 13i 13; 13i ]?., 13| 13 14 H 25; 24: 2(IJ 16) 25 15i I 25 16 15 25 16J loi 25 17 16 25 17 16
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Bibliographic details
Otago Witness, Volume 23, Issue 2684, 23 August 1905, Page 8
Word Count
418HOW VALUES HAVE RISEN. Otago Witness, Volume 23, Issue 2684, 23 August 1905, Page 8
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