WOOL TRADE.

Auckland Star, Volume LXVIII, Issue 270, 13 November 1937, Page 4

WOOL TRADE.

AUCKLAND'S SALE. Following upon the rapid flow of wool | to the Parnell stores reported at last week-end brokers found their catalogues filled by the middle of the present week. Consignments continue to come to hand, but during the last few days brokers have had to advise their clients that these late arrivals will not be included in the November sale, for which the catalogue is limited to 25,000 bales. Wool shut out from the first sale will be offered at the 1 January fixture, for which the limit is | 30,000 bales. WORLD'S SUPPLY LARGER. NEW YORK, November 11. The Washington correspondent of the "New York Times" says the Bureau of Agricultural Economics predicts that the world's wool supply in 1938 will slightly exceed that of 1037, but will be beiow the average for five years. The bureau thinks that mill consumption in the United: States, also in some foreign countries, probably will be below that of 1937, owing to a considerable accumulation of manufactured woollens in consequence of the I large domestic and mill consumption I since 1835. I