WOOL MARKET

Dominion, Volume 15, Issue 195, 15 May 1922, Page 8

WOOL MARKET

’DEAIAND INCREASING -AS PRICES RISE. Sydney, Alay 13.

The “Daily Telegraph,” in commenting on the animation of the wool market, says seldom has the demand for merino been as keen and widespread as to-day; seldom, if ever, have the gen- ( eral conditions of the' 'market been as '' favourable to growers. It is truly awonderful market in many' respects. As prices go up so the demand seems to widen and accentuate. Practically all sections are operating. Everyone wants wool, and all are eager to secure supplies before the season ends. Buyers are unable to fill orders in the auction rooms, and have been keen operators privately. , The crossbred position also shows distinct improvement, although marked preference is revealed for the finer descriptions. The demarid for . very coarse burry sorts M still prejudiced by the big weight ot B V W R A. low grade crossbreds remaining over from the appraisement scheme, which hangs like a wet blanket over the trade.—Press Assn.

i London, May 12. A moderate selection of merinos offered at the London wool sales: sold xvoll nt full rates. Crossbreds tone a 1 * + marlrof I’l *lll PTP f ? n s« and fir© h-11-K ice & a 2^ r d aße rwmer4W anS tw Ni 4 22jd. to 22d. —Aus.-N.Z. Cable Assn.

THE RACING STANDARD. IS THE SPORT DRIFTING? (Published bv Arrangement.) AVe Now Zealanders pride ourselves on .being democratic. We are regarded in other lands as a bro^ l ' ml " de^ n of vigorous sportsmen, Tet, m one oi our most cherished sports, horse-ijcing, we have shown an inclination The greateat mistake m the histoiy o New Zealand Racing has P, ro ' ed T *°. p® the abolition of the Bookmaker In old days he was an essential part of the bright. and breezy atmosphere of the racecourse. As an well liked and well respected He helped to keep a jealous guard on the lepu U This °type o *of man naturally disappeared with the operation of the Gaining Act «nd he has been supplanted by the (furtive undo!Table who frequents every shop, office, and factory to the injury ot the moral fibre of voune people. . , The honest desire of genuine sportsmen to .restore racing Jo. V s prisUno standard, prompted a petition which is now being freely signed aixMvhmh will presently be placed before Pai hament. The Government will be asked to set up a Commission to take evidence as to the advisability or otherwise oi agmn legalising the bookmaker. This is a matter which is the personal concern of overy true sportsman, feign the petition to-ilay. It has been freely circulated and may be signed almost anywhere. , ~ When petitions are filled up they should be promptly returned to Box 1011, Wellington.