WOOL MARKET
THE LONDON SALES YORKSHIRE OPERATING MORE FREELY. BETTER TONE AT BRADFORD. (United Press Association—By CableCopyright.) (Received 7, 10.15 a.m.) London, Dec. 6. Mr. Devereaux, Australian representative on the Wool Council, reports:—Yorkshire is operating more freely at the sales, and competition is wider; Germany and Alsace are buying steadily. North France also is participating better. A lower tendency in Merinos noticeable earlier has now disappeared. Greasy sorts are hardening and lower qualities, like sixties, also finer crossbreds, have sharpened in demand at five to seven and a half per cent, decline. Heavy withdrawals of medium and low crossbreds followed first adverse reports of the New Zealand markets, but with tho improvement in reports competition has revived. Scoured Merinos, except the very best, are easier. There is a better tone at Bradford and machinery us well employed. The restrictive effect of the British duties on manufactures adversely affected the Continental market. The French demand is quiet. Belgian prices are unchanged. Germany’s week’s sales of tope were 575,000 kilos, which is half the normal demand.
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Bibliographic details
Hawke's Bay Tribune, Volume XXI, Issue 303, 7 December 1931, Page 7
Word Count
174WOOL MARKET Hawke's Bay Tribune, Volume XXI, Issue 303, 7 December 1931, Page 7
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