WOOL IN SYDNEY
JAPANESE BUSINESS
YORKSHIRE COMPETITION
(By Telegraph—Press Assn.—Copyright.) SYDNEY, November 2.
The president of the local Japanese Chamber of Commerce, Mr. Yamashila, announced today that Japan will enter the Australian wool market for substantial purchases before Christmas.
The quantity and date of starting have not yet been decided, but in the meantime Japanese operators will buy between 300 and 500 bales daily.
At the wool sales 12,505 bales were offered, and 11,030 sold, 1359 privately. The inauguration of the zone system at today's auctions brought the quota of attractive free wools into the catalogues, and values for all better descriptions were very firm.
Yorkshire competed ' a little more widely on suitable lines.
Greasy merino made 25Jd and comeback to 25d.
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Bibliographic details
Evening Post, Volume CXXIV, Issue 108, 3 November 1937, Page 12
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122WOOL IN SYDNEY Evening Post, Volume CXXIV, Issue 108, 3 November 1937, Page 12
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