BOYCOTT TO CONTINUE

Dominion, Volume 29, Issue 302, 17 September 1936, Page 11

BOYCOTT TO CONTINUE

Japan and Australian Wool Tokio, September 15. Importers have decided to continue the boycott on Australian wool owing to dissatisfaction with Australia’s attitude during the trade negotiations, 'which are reported to have reached a deadlock. Importers will hold a conference on September 18 to formulate plans for imports from other sources. JAPAN DOMINATES MARKET South African Wool Sales (Received September 16, 8.15 p.m.) Sydney, September 16. Winchcombe, Carson and Co., woolbrokers, Sydney, have received a cablegram from South Africa, stating that Japanese competition at the Port Elizabeth wool sales was exceptionally strong. South African prices were 15 [>er cent, above Australian. Japan bought 80 .per cent, of the offerings. DEADLOCK DENIED Sir H. Gullett’s Statement (Received September 16, 11.55 p.m.) Canberra, September 16. Sir Henry Gullett, Minister in Charge of Trade Treaties, denied a report that the new treaty negotiations with Japan have reached a deadlock. He added that many proposals and counter-proposals would probably be made before agreement with Japan was reached.

There was no possibility of Australia bartering wool for Japanese rayons and cotton goods, and Japan so far had not sought to do so.