LONDON WOOL SALES
OPENING TO-MORROW. CONSIDERABLE INTEREST. HIGH PRICES WILL NOT BE AIAINTAINED. (United Press Association—By Electric Telegraph—Copyright.) (Australian Press Association.) Received Alay 7 8.5 a.m. LONDON, Alay 5. The opening of the L-ondon wool sales on Tuesday is awaited with considerable interest following the decline in values of Bradford tops. It-is pretty generally expected that the, prices realised during tho last series can hardly be maintained, nut nobody anticipates that the decline will exceed five per cent, especially us tho offerings are light. Aluch, of course, will depend on the Continental miyers. The Economist's wool expert writes: “The spring trade in textiles is opening out very slowly, largely because of tho recent cold weather. Still, the aggregate consumption of wool at home and elsewhere shows practically no decline, and the position may therefore be regarded as sound.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19280507.2.48
Bibliographic details
Manawatu Standard, Volume XLVIII, Issue 134, 7 May 1928, Page 7
Word Count
138LONDON WOOL SALES Manawatu Standard, Volume XLVIII, Issue 134, 7 May 1928, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.