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QUIET WOOL MARKET

Trading in wool is fairly quiet throughout the world at the moment, Winchcombe Carson reports.

Business in the Bradford tops market is slow, with prices generally steady. However, most topmakers are reported to be asking a penny a pound above market quotations. United States trade experts expect a pick-up in wool buying soon after the Australian sales resume. This will be due to the current low US. price of wool, compared with Australia, the recent high consumption of apparel wool, and the fact that stocks now are much lower than at this stage, last year. Guinness Lager.— Arthur Guinness Son and Company, brewers of stout for over 200 years, are planning to invade the British lager market, which has long been dominated by Continental brewers. The group has started production of lager beer at its brewery in Ireland, and has met with an encouraging response on the Irish market. Plans to export the lager to Britain are being made, and the company hopes to start selling its brand there sometime next year. AUCTION SALE PROPERTY SOLD LIVINGSTONE AND JONES, LANG, WOOTTON sold by Public Auction on Monday last the Property No. 80 Fendalton road. —Advt.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19600803.2.183

Bibliographic details

Press, Volume XCIX, Issue 29273, 3 August 1960, Page 17

Word Count
198

QUIET WOOL MARKET Press, Volume XCIX, Issue 29273, 3 August 1960, Page 17

QUIET WOOL MARKET Press, Volume XCIX, Issue 29273, 3 August 1960, Page 17

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