JAPAN’S WOOL BOYCOTT

Hawke's Bay Tribune, Volume XXVI, Issue 144, 3 June 1936, Page 8

JAPAN’S WOOL BOYCOTT

Buyers Ignore Melbourne Sales TARIFF RETALIATION By Telegraph—Press Assn, —Copyright SYDNEY, June 2. The Japanese Consul-General, Mr Murai, who has been trying to negotiate a trade treaty with the Commonwealth Government, has been recalled to Japan, where, it is understood, he will fill a senior position in the Foreign Office. His successor will be Mr Ta keki Horiuchi.

One of tlic biggest Hour mills in Japan, the Nishin Jlills, has recalled its Australian representative, Sir K. Yamanoushi.

Japanese wool-buyers held aloof from the Melbourne wool sales, which were resumed there to-day. They frankly admitted that this course was taken in retaliation for the recent tariff changes.

Official advice has been received in Sydney that imports of Australian flour into Manchukuo have been prohibited.

MELBOURNE WOOL SALES

Europe Bids Freely MELBOURNE, June 2. At the wool sales 10,500 bales were offered and, considering tho poorness of the selection, good competition prevailed. The Japanese did not attend, but there was a notable increase in French, Yorkshire and local bidding. Withdrawals were heavy, due chiefly to owner’s reserves. The tendency of the market for fleece wools was, if anything, easier. Crutehings, which comprised the bulk of the offerings, were fully firm on the basis of the last Geelong sales.