WOOL IN SYDNEY
JAPANESE NOT BIDDING 'By Telegraph.—Press Assn.—Copyright.) SYDNEY, June 15. The Sydney wool sales were resumed today, when 7130 bales were offered, 5130 being sold at auction; also 3384 bales were sold privately. There was good competition for all well-grown sound descriptions, but values were 5 per cent, below the May closing rates; average wools were 7A to 10 per cent, lower, while dusty and inferior lines and also low skirtings were 10 per cent., and at times 12J per cent., lower. Crutchings and locks sold remarkably well and showed little change. . Competition was mainly from the Continental and Yorkshire sections and local manufacturers. The Japanese did not bid.
(liy Telegraph—PrOss Assn.—Copyright.) SYDNEY, June 15.
The sale was only a clearing-up. Japanese were present arid followed the market as keenly as though they were buying. They would have taken a large proportion of today's offerings, which suited their requirements, but, having already bought heavily this season, they are expected to refrain from buying for the present. More importance is to be attached to the Japanese attitude at the Brisbane sales next week, when new season's wools will be offering.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19360616.2.145.11
Bibliographic details
Evening Post, Volume CXXI, Issue 141, 16 June 1936, Page 12
Word Count
191WOOL IN SYDNEY Evening Post, Volume CXXI, Issue 141, 16 June 1936, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.