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COMMERCIAL

AVOOL TRADE CONDITIONS

Indications point to the renmmcjG,T of the Australian clip meeting a ready market at about current., rates, (remarks the .'Australian Mercantile and Finance Comonay. Fairly extensive buvirig, solelv for the purpose of 'establishing, credit’ in Loudon, has been helpful to Australian markets. These transactions have been in the main, confined to. fleece lots ranging in price from 12a to 15d. AA 7 bcther this buying will he renewed, in tlie New Year is a matter for'speculation. The sole exemption in an easier market are specially lots of superfine fleece wool. These continue to realise high prices in relation to average ’rates, and their elevation has attracted much attention and also misunciorstamlincr as to the market sitnation generally. As,'prices suggest, the world: supply of this sld pic l is small. ' - ' , • ’ , •

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19310102.2.6

Bibliographic details

Gisborne Times, Volume LXXII, Issue 11403, 2 January 1931, Page 2

Word Count
133

COMMERCIAL Gisborne Times, Volume LXXII, Issue 11403, 2 January 1931, Page 2

COMMERCIAL Gisborne Times, Volume LXXII, Issue 11403, 2 January 1931, Page 2