EASIER TENDENCY IN WOOL
RESTRICTED DEMAND FOR TOPS. LONDON SALES AWAITED. By Telegraph—Pres" Assn.—Copyright. London, March 3.. The Australian Wool Growers’ Council representative reports: Most European wool markets have shown a continued easier tendency, with a restricted demand for both tops and raw material, but it is recognised that for fine wool especially the position for some months in regard to supplies has been quite sound.
There is a tendency to await the opening of the London sales before entering into fresh commitments. The small quantity available should be readily absorbed and a firm opening demand would give a desirable lead to industry. There is some business in medium prepared crossbreds, but prices are unchanged. Crossbred yams are slightly easier, the textile workers’ strike in Belgium and the threatened strike in France restricting transactions. The Continental futures markets are quiet.
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Taranaki Daily News, 6 March 1934, Page 7
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140EASIER TENDENCY IN WOOL Taranaki Daily News, 6 March 1934, Page 7
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