RISING WOOL VALUES

Hawera Star, Volume LIII, 7 November 1933, Page 5

RISING WOOL VALUES

SYDNEY SALES CONTINUED. ADVANCE OF FIVE PER CENT. (United Pe*s Association—By Electric Telegraph Copyrights SYDNEY, Nov. 6. A total of 13,625 bales was offered at the wool sales to-day and 13,313 were sold, as well as 1505 sold privately. There was a very animated market with all the best features of the closing auctions last week in evidence. Value® showed a further advance of 5 per cent. Greasy Merinos made to 27 jd, which is the record for this season and was obtained for four bales from Blandford.

SOUTH AMERICAN SALES.

JAPANESE BUYERS ACTIVE

NEW YORK, Nov. b. Heavy increases in Japanese purchases of wool are noted.at Buenos Aires and in Uruguay, which are assumed to be retaliation against Australia, owing to Britain’s restricting Japan's textile imports, says the ‘•New York Times” correspondent. This buying has forced up the prices of fine crossbreds 40 per cent, above last year’s, Japanese buyers are taking almost exclnsivelv fine crossbreds and are competing actively for possession of each new offering in the Buenos Aires market. in some cases purchasing on the hoof before the sheep are clipped. One purchase was 300,0001 b and other large ones have been recorded in the past fortnight. The Japanese miving has forced the local mills to bid prices up. Fine wool is now priced equivalent to 25 to 30 rents a lb (Is to Is 3d). ordinary quality fine wool IP to 21 cents, good nunlitv medium crossbreds 14.) to 16 cents and coarse crossbreds 0 cents.

It was in the “Cathedral City” that a smartly dressed lady went a-slum-ming. Interviewing an old fellow in his wretched home she found him enjoying his pipe. “I’m glad,” she said, with a bard smile, “to see you can afford- to smoko in spite of the hard times.” “D’you smoke yourself, ma’am?” queried the old man. The lady stared, “I srnoke cigarettes—yes,” she replied. “The cigarette to well-to-do ladies is just a plaything,” said the ancient. “To me, friendless and weary, the pipe is a blessing unspeakable. I smoko but one pipe a day.” The lady, highly offended at such plain speaking, went. “Insolent,” she muttered. But was he? Tobacco has been reviled as health-destroying. That depends. Look at our New Zealand brands—practically free from nicotine, therefore harmless. They’re toasted! Four varieties —Navy Cut No. 3 (Bubdog), Cavendish, Cut Plug No. 10 (Bullshead), and Riverhead Gold —the sweetest, wholesomest, and most delightful tobaccos procurable in this or any other country. They are absolutely pure! They will not affect heart, nerves or throat!—Advt. factured.—-Advt.