WOOL MARKET.
OPENING LONDON PRICES. PAR TO 5 PER CENT. LOWER. LONDON, March 6. The wool sales opened to-day. Prices so far range from par to 5 per cent below February closing rates. The catalogue comprises 12,082 bales, of which 5104 are Australian, and 6379 New Zealand. A capital selection of crossbreds was offered to-day, but the selection of merinos was small and poor, chiefly speculators' wools, on which were high reserves, and many were .withdrawn. There was a large attendance, and good competition. The tone was much boiler than had been anticipated. Fine sorts generally well maintained the London February level. Mediums were at par to 5 per cent lower, shabby r> per cent lower, scoureds and slipes 5 per cenl lower, and merinos al par lo ,"i per ccnl lower. New /.Miami lamb:-' C.n.li. flip realised «<••
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Bibliographic details
Waikato Times, Volume 97, Issue 15183, 8 March 1923, Page 5
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138WOOL MARKET. Waikato Times, Volume 97, Issue 15183, 8 March 1923, Page 5
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