OUTLOOK FOR WOOL.
ADVICE FROM LONDON. IMPROVEMENT EXPECTED. (Tly Telegraph.—Own Correspondent.! HASTINGS, this day. A Hawke's Bay runholder in a big way this morning received the following cable from his London agent: "I consider the outlook for the new wool clip is encouraging. The position is statistically sound, and stocks are negligible. It is the general opinion that the present fall in price is due to a bear movement." It was noticeable at yesterday's Nipierj sale that in many instances broken wool, which includes necks, pieces and bellies, i sold at comparatively higher prices than good, sound fleece. The Continent absorbs most of this common wool.
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Bibliographic details
Auckland Star, Volume LVII, Issue 276, 20 November 1926, Page 15
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106OUTLOOK FOR WOOL. Auckland Star, Volume LVII, Issue 276, 20 November 1926, Page 15
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