THE WOOL MARKET
FINANCIAL NERVOUSNESS EVIDENT. THE PRESSING NEED. GREATER OUTSIDE SUPPORT. (United Press Association.—By Electric Telegraph.—Copyright.) Received March 14, 11.5 a.m. LONDON, March 13. ' H. Dawson, Son, and Co., Ltd.’s report on the opening of the London wool sales says the Yorkshire trade was generally sensitive, an ultra-nervous condition prevailing in most commodity and financial circles. “The cotton slump does not improve the wool chances and the Japanese have reduced operations, nevertheless strong, hope/ul factors may be effective in tho near future. The pressing need is greater outside support. It is lioped that Russia will return to the market at «a early date,” odds the report: MAINTENANCE OF VALUES. YESTERDAY’S SALE. Received March 14, 11.40 a.m. LONDON, March 13. At the wool sales 8012 bales were offered, including 3416 from New Zealand and 4384 Australian. Approximately 6625 bales of New Zealand and Australian were sold. There was a good clearance on Home and Continental account and the opening levels were maintained. New Zealand greasy crossbred branded The Cliffs, reached IOJd and averaged 7|d.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19350314.2.85
Bibliographic details
Manawatu Standard, Volume LV, Issue 90, 14 March 1935, Page 7
Word Count
174THE WOOL MARKET Manawatu Standard, Volume LV, Issue 90, 14 March 1935, 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.