AUSTRALIAN WOOL SALES
OPENING PRICES MAINTAINED JAPAN AND THE CONTINENT COMPETE' (United Press Association—By Electric Telegraph—Copyright! - SYDNEY, stli September. At the wool sales 11,973 bales were offered and 11,041' sold, also 3590 privately. The market closed firm at rates ruling earlier in the week. There was very keen competition from Japan and,,flip Continent, with Yorkshire operating sparingly, v? :v'' Greasy merino sold at 2QJd. PRICE MOVEMENT BUILT ON, SOLID FOUNDATION—LONDON, sth September. The “Financial News” expresses the opinion that prices operating at.tHekAustralian wool sales will at least be maintained, since production in 1935-36 is" unlikely to exceed, that of the previous year and may even be lower; '* ( jFhere may be doubt as to whether speculation will again confuse the thfire is nothing to indicate at present- that the price movement is built on ,agyjsihg but a firm foundation,— -' - .
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Bibliographic details
Nelson Evening Mail, Volume LXVI, 6 September 1935, Page 5
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138AUSTRALIAN WOOL SALES Nelson Evening Mail, Volume LXVI, 6 September 1935, Page 5
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