WOOL PRICES UP
' AUSTRALIAN SALES 40 PER CENT HIGHER THAN IN 1932 AMERICAN DEMAND (United Press Assn.—Telegraph Copyright.) (Rec. 8 p.m.) Sydney, June 13. At the wool sales 11,320 bales were offered and 10,111 sold and 6343 were disposed of privately. There was very strong competition in all sections, the American demand again being a dominating feature. Prices generally were very firm at the opening day’s rates for all descriptions with a hardening tendency for good spinning wools. Greasy Merino made to 17d. In June, 1932, wool values in Australia were at the lowest level since the depression began. They are now 30 to 40 per cent, above that period. At the recent Brisbane sales prices were 7J to 10 per cent, higher than the Sydney market in May.
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Bibliographic details
Southland Times, Issue 22041, 14 June 1933, Page 7
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129WOOL PRICES UP Southland Times, Issue 22041, 14 June 1933, Page 7
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