COMMERCIAL INTELLIGENCE.
LONDON WOOL-SALES.
Following is the High Commissioner’s cabled report, dated nth July, ' 1916, regarding the opening of the fifth series of London wool-sales : . The wool-sales commenced with buyers in large attendance. Home buyers prohibited from purchasing English wool are competing freely. The market is strong for all kinds of merinos, which are in small supply.. Compared with the closing rates of the previous sales, prices for merinos have improved by 2d. per pound ; fine crossbreds are |d. per pound higher, and medium and coarse; crossbreds have fallen |d. per pound. The total net quantity of New Zealand wool available is 59,250 bales. ‘ -A'
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Bibliographic details
New Zealand Journal of Agriculture, Volume XIII, Issue 1, 20 July 1916, Page 83
Word Count
105COMMERCIAL INTELLIGENCE. New Zealand Journal of Agriculture, Volume XIII, Issue 1, 20 July 1916, Page 83
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