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BRITISH WOOL TRADE
United Press Association—By Electric Telegraph—Copyright.
(Received September 21, 11.30 a.m.) LONDON, September 20. Messrs. H. Dawson, Sons, and Co., Ltd., report states: "We must forget the lower levels and the pessimism of 1932 in the broadening and strengthening of business in most spheres of commerce. "The peak consumption which has developed for all the finer wools now demands a new envisagement of the whole wool position.
"It would be foolish to underestimate the machinery pressure of the momenp and the fact that wool supplies will be inbre plentiful towards the end of the year; but we should take account of the general improvement in business and financial conditions if a balance is to be struck. "The position appears fairly sdimd, and the trade may rest comfortably in hope. "Immediate fluctuations will be of a minor character. The market shows evidence of strong available purchasing power.
"Many mills now have their order books full for months ahead, especially in the woollen section." -
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Bibliographic details
Evening Post, Volume CXVI, Issue 71, 21 September 1933, Page 14
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167ORDER BOOKS FULL Evening Post, Volume CXVI, Issue 71, 21 September 1933, Page 14
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