The Wool Market.

Wairarapa Standard, Volume XVIII, Issue 1732, 11 September 1885, Page 3

The Wool Market.

I Messrs Murray, Roberts, & Co., have received from their London friends, Messrs Sanderson, Murray, Ar Co. (he following message '.—Market is very weak for all classes of wools, and shows a further decline of 5 to 10 per cent. Twenty per cent bought in. Scoured show the greatest decline. The New Zealand Loan and Mercantile Agency Company (Limited) have received the following telegram from their London office, dated, nth instant : Wool.—The sales progress flatly. Since close of last sales, the following decline in prices per Ih may be noted ;—Greasy, Id to Ifd ; clothing washed aud combing washed, l.fd to 2d ; scoured, 2d ; fine greasy crossbred, )d ; fine washed cross-bred(sd to Id ; line scoured cross-bred Id ; coarse greasy cress-bred, Id ; coarse washed cross-bred Id ; coarse scoured cross-bred, Id to IJd ; lambs, id to Id. The American demand is good for long staple merino, light in grease. Competition on French, Belgian and German account is dull, and there is much irregularity in the biddings. The attendance of Home havers is good, but of foreign buyers limited. The total quantity catalogued to date is 70,000 bales. Fifteen thousand bales have been held over (or future disposal. Hops i —Crop prospects here aro uncertain, and the ! plant is more or less affected by mould. : The yield on the Continent and America is | expected to be exceptionally good. New Zea- ! land hops are worth 10s per cwt. j