WOOL PROSPECTS ARE NOW MORE HOPEFUL.
TO-MORROW'S SALE MAY SEE A GOOD CLEARANCE. The offerings for the third Christchurch wool sale to-morrow are about 1670 bales less than for the third sale last year. The figures are:— Bales. To-morrow’s sale 22,378 Last year’s sale 24,053 An opinion is expressed that the prospects for a satisfactory clearance are fairly good. It is hoped that prices will be on a par with the Timaru prices, perhaps a little better. The prospects are regarded as a good deal more hopeful than they were some two weeks ago, but it is not considered likely that there will be a great rise during the next few months. Following are the approximate offerings for to-morrow: — Bales. Pyne, Gould and Guinness .... 5,506 Dalgety and Co 5,374 New Zealand Farmers’ Cooperative Association 4,933 National Mortgage and Agency Co 2,666 H. Matson and Co 2,237 Loan and Mercantile Co 1,662 Total 22,378
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Star (Christchurch), Issue 18991, 10 February 1930, Page 11
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153WOOL PROSPECTS ARE NOW MORE HOPEFUL. Star (Christchurch), Issue 18991, 10 February 1930, Page 11
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