A FURTHER RISE
SYDNEY WOOL MARKET i * ■ ; . ■ 1 (Elec. Tel. Copyright—Uriitod Press Assn.) SYDNEY, Oct, 2(5. At tho wool sales, 11,959 balds,werie offered and 1.1,543 sold, also 2.194 disposed of privately.' There was spirited competition in ail sections of trade. Tho market was again 5 per cent, above the closing rates.of last week for all except fiber des'eriptidns, which are firm at lately improved levels,, A specially keen demand ruled fdr skirtings. Greasy merino made up to llifd. The average price of the wool auctioned last week was £ll 2s per bale, or 8.3 d per pound. The -wool sales at Melbourne showed a keener demand arid last week’s prices were move than maintained, leading to the belief that tho present prices are nob of a temporary nature. The average, price* of greasy wool realised last week was 8.86 d per lb. Competition was strong from Japan, Bradford and Jugo-Slavia, .
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Bibliographic details
Poverty Bay Herald, Volume LV, Issue 17609, 27 October 1931, Page 10
Word Count
150A FURTHER RISE Poverty Bay Herald, Volume LV, Issue 17609, 27 October 1931, Page 10
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