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HEAVY WITHDRAWALS AT WOOL SALES.

JAPS AGAIN SPECTATORS (By Telegraph-Press Assn.-Copyright) Received Tuesday, 9.20 p.m. SYDNEY, June 1(3. At the wool sales 8323 bales were offered and 5200 sold, also 900 privately. There was good competition, chiefly from Continental and Yorkshire sections. The market was firm at the previous day’s rates. Withdrawals were heavy owing to the reserves. The Japanese again looked on without operating. Greasy Merino realised to 21d. Australia Offers to Re-open Negotiations # Received Wednesday, 2 a.m. CANBERRA, June 16. As an inducement to Japan to reopen trade treaty negotiations, the Commonwealth Government is prepared to transfer Japanese goods from the general tariff' division to the intermediate. This would reduce the duty on Japanese rayon from niiiepence to eightpence pier yard and on cotton piece goods by a farthing all round. Australia is also prepared to undertake to ensure that Japan letains at least halt her present textile trade while facilities will also be afforded for Japan to steadily expand her Australian trade as a “good customer’’ country.

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https://paperspast.natlib.govt.nz/newspapers/HC19360617.2.45

Bibliographic details

Horowhenua Chronicle, 17 June 1936, Page 7

Word Count
170

HEAVY WITHDRAWALS AT WOOL SALES. Horowhenua Chronicle, 17 June 1936, Page 7

HEAVY WITHDRAWALS AT WOOL SALES. Horowhenua Chronicle, 17 June 1936, Page 7