CONTINENTAL MARKET.
from "The Post" Representative.) LONDON/ 24th August. Mr. J.- P. H. Mertens (honorary cbmmcrKal representative in Belgium for the Dominion of New Zealand) reports that the quiet tone usually prevailing during this holiday period is particularly marked this l year owing to the fact that raw material and tops have gone into consumption much more rapidly than usual, leaving small opportunity for business except as regards the moderate stocks still held in France. Considering the facility, with,-which the* •world clips of 1926-27 have been absorbed and the probability of a reduced, or at best,_ a stationary-production of wool in the immediate'future, it may be assumed that prices will be "maintained although the position of affairs in France,-in America and in Italyare not such as to encourage speculation.7 ~ -■ . . ' [Reference is-made in the letter to the sale in Antwerp of Eivcrplate and Australian wools, in all 6000 to 7000 bales, fixJ «d for Bth September.]
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Bibliographic details
Evening Post, Volume CIV, Issue 75, 26 September 1927, Page 12
Word Count
155CONTINENTAL MARKET. Evening Post, Volume CIV, Issue 75, 26 September 1927, Page 12
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