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WOOL MARKETS

BRADFORD STEADY GOOD CLEARANCE AT LONDON SALES LONDON, March 17. Bradford tops quotations are:— Merinos, 70’s, 28d; 64’s, 261 d; 60’s, 25, Jd. Crossbreds, 58’s, 22d; 56’s, 19Jd; 50's, 17id; 46’s, 17d (nominal); 44’s, 17d (nominal). The market is steady. Yarns are quiet. At the Louden wool sales 8912 bales were offered including 4579 from New Zealand, and 8248 were sold. There was a good selection with a better demand and a good clearance was effected. New Zealand greasy crossbred, Ashcott, mjd and 103 Id; scoured crossbred® N.Z.W.M.A., 14d and 15d. The following cable, has been received by the Bank of Australasia from its London office: —■ London colonial wool sales, tine crossbreds and medium crossbreds par to 5 per cent, cheaper; coarse crossbreds and scoured crossbreds unchanged, compared with closing rates of last series; competition good for Home trade; Russia principal buyer; France, Germany to a moderate extent.

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https://paperspast.natlib.govt.nz/newspapers/WC19380321.2.106

Bibliographic details

Wanganui Chronicle, Volume 80, Issue 67, 21 March 1938, Page 11

Word Count
150

WOOL MARKETS Wanganui Chronicle, Volume 80, Issue 67, 21 March 1938, Page 11

WOOL MARKETS Wanganui Chronicle, Volume 80, Issue 67, 21 March 1938, Page 11