THE WOOL MARKET

Hawera & Normanby Star, Volume XLI, Issue XLI, 7 May 1921, Page 5

THE WOOL MARKET

PRICES. EIRM. i\

CONTINENTAL (GOMPETETIUN. ,

SS 'C&EI/E-4EEESS -ASSOCIATION—COPYEIGHT

LONDON, May 5

. The wool trade views rfche (Continuedtfiianness of prices at to-day's s-sales hopefully. Recent 'experiences have lbaugh± the wisdom of caution, 'but apparently Bradford, whose stocks of raw material are low., .feels it can now buy with confidence. The Bradford trade has Ireen waiting for some indications of stable values, and is inclined to ibeliev© that the time has now .arrived, though it refuses to prophesy. ; > A i -notable •■ feature of the present series of >sales is the 'Continental '.«ompetrtion, especially German. It is pointed out that the Germans earlier in the year lacked confidence, fearing a bad-reception. Those fears have now 'been dissipated, their competition 'having greatly assisted to improve rthe *o»e of the market.