MARKET FOR RAW WOOL
EFFECT OF RETAIL SALES
(Rec. 7.15 p.m.) LONDON, Sept. 18. The competitive selling of woollen ?oods was likely to persist and for n ime to become more intense, the “Financial Times” predicted to-day. The newspaper stressed that this competitive selling would eventually lead to competitive bidding for raw wool to replace wool goods. “In view of this week’s further price falls in Australia, few Would care to prophesy the trend next week at the opening of the series of London wool auctions. In the wool markets of the world, as in the shops of Britain, there is a current emphasis on less expensive grades.”
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Bibliographic details
Press, Volume LXXXVII, Issue 26528, 17 September 1951, Page 7
Word Count
108MARKET FOR RAW WOOL Press, Volume LXXXVII, Issue 26528, 17 September 1951, Page 7
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Acknowledgements
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