WOOL VALUES
STEADINESS HOPED FOR LONDON SALES PROSPECTS (Elec. To). Copyright—United Press Assn.) (Australian and N.Z. Cable Association.) (Received January 17, 11 a.m.) LONDON, January 15. The prospects for the wool sales opening on Tuesday appear good and traders generally are expecting that tho best prices of the last series will bo maintained.
The newspaper Economist’s Bradford correspondent says: “The belief is general that business will improve during the current year, though at I lie moment the demand is small. The position may become clearer as the London auctions proceed. There is a widespread hope that wool values will remain steady during the remainder of the season as tl|is would do much to stimulate t.he demand for semi-fully manufactured goods, but if foreign competition in the material markets forces up. the prices much beyond the current level it will almost certainly put a stop to business.”
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Bibliographic details
Poverty Bay Herald, Volume LIII, Issue 16242, 17 January 1927, Page 5
Word Count
146WOOL VALUES Poverty Bay Herald, Volume LIII, Issue 16242, 17 January 1927, Page 5
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