Japan Not Operating At Sydney Wool Sale.

Stratford Evening Post, Volume IV, Issue 223, 1 September 1936, Page 5

Japan Not Operating At Sydney Wool Sale.

Press Association —Copyright. Sydney, Aug. 31. The inaugural sales of the wool selling season were attended to-day by a record number of bv.yers. Japanese buyers were present but did -iot operate. The catalogues embraced a typical selection of new season's clip, chiefly from western and north-western districts and the Riverina. Western wools were well grown and more robust than last year, while north-western wools generally reflected the drought conditions, being somewhat thinly grown and lacking in length. Riverina wools were finer but hardly as well grown. Interest in the sales was exceptionally widespread. Compared with the closing rates last season the best descriptions were 5 to 7Vz per cent, higher and average to faulty descriptions Vk to 10 per cent, higher. By comparison with last year's opening sales the best descriptions were from par to 5 per cent, higher and average sorts were at par, while inferior grades were 5 per cent, lower. Competition came mainly from Yorkshire and Germany. Greasy Merino fleece sold to 20 for 10 bales from Moroe.