MARKET FOR WOOL
POSITION IN LONDON MANY WITHDRAWALS (Australian and N.Z. Cable Association., LONDON, October 4. At- the wool sales there was a good and large selection of merinos, but a moderate selection ot crossbreds, mostly speculators’ re-offered lots. There were many withdrawals owing to the high reserves. At Bradford there is slight inquiry for forward quotations, but new business is negligible. SALES AT SYDNEY SLIGHTLY BETTER PRICES SYDNEY", October 4.' At the wool sales line descriptions ruled firm at last week’s closing rates. Competition was strong and there was an excellent demand for skirting. Good quality lines showed an improve, ment on last week’s reduced levels, bin, faulty and burry sorts met an irregular demand. Come-backs and crossbreds had good competition and sold at late rates. Greasy • merino sold up to 254 d.
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Bibliographic details
Poverty Bay Herald, Volume LII, Issue 17157, 6 October 1926, Page 7
Word Count
134MARKET FOR WOOL Poverty Bay Herald, Volume LII, Issue 17157, 6 October 1926, Page 7
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