WOOL.
London, July 7.— The fifth series of colonial wool sales will be limited to 140,000 bales, and the sixth series will be unlimited. The wool sales opened brisk, prices being from par to 7£ per cent, advance on the closing sales of the last series. At the wool sales Messrs. Buxtons and Ronald, Balm and Co., and Jacomb and Son offered 9805 bales, threequarters of the offerings being New Zealand. There was a full attendance of buyers. Compared with the May series the prices for merinos and fine crossbreds remained unchanged. Medium coarse crossbreds were fully 7£ per cent, dearer, the home trade keenly competing for crossbreds. At the tallow sales 102R casks were offered, and 434 sold. Mutton : Fine, 29s 9d ; medium, 28s. Beef • Fine 31s ; medium, 28s.
*^« L°?dolL °? dOIl i J "!y B.— The wool sales to-day were animated. Crossbreds were firm, but merinos limited. vJt&PFi'jJ"*? he Bradford wool market is quiet. Forties, llid ; forty-sixes, 14|<i ; common sixties, 24d ; super, 25d. Wellington, July 9.— The Department of Industries and Commerce received the following cable message from the Agent-General, dated Bth inst. : ' At the opening of the wool sales competition was very animated. Compared with closing rates of last series, greasy, coarse, and medium crossbreds are id dearer, and merinos and fine crossbreds at about par. London, July 10.— At the wool sales there was a rittle stronger market for merinos. Crossbreds are very firm.
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Bibliographic details
New Zealand Tablet, Volume XXXI, Issue 29, 16 July 1903, Page 13
Word Count
237WOOL. New Zealand Tablet, Volume XXXI, Issue 29, 16 July 1903, Page 13
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