WOOL TRADE.
SALES DISAPPOINT. RECOVERY EXPECTED. LONDON, September 25. Dawson*, Ltd., commenting on the wool outlook, doca not comical its disappointment at the course of the London sales, though it notes the improved tone and wider competition, toward the close. It point* out that wool cannot be expected to be free of the genera' weakness affecting all ooiiimo litif*. However, when it in realised that values have reached a low ebb reaction will come quickly, aa even the past few da\s have indicated that the market appears almost to have reestablished its sound position.
The world's hunger for wool is the greatest "bull'' factor. Adequate supplies are available for the coming season and, this should be a healthy and steadying factor.
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Bibliographic details
Auckland Star, Volume LXVIII, Issue 229, 27 September 1937, Page 4
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121WOOL TRADE. Auckland Star, Volume LXVIII, Issue 229, 27 September 1937, Page 4
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