NO FEAR OF WEAK VALUES

Timaru Herald, Volume CXLIII, Issue 20668, 5 March 1937, Page 9

NO FEAR OF WEAK VALUES

INTERESTING REVIEW OF WOOL OUTLOOK STRONG COMPETITION AT LONDON SALES United Press Association—By Electric Telegraph—Copyright (Received March 4, 6.30 p.m.) LONDON, March 3. Messrs Dawsons, Ltd., commenting on the wool outlook, say: “The quantities available at the present sales can easily be absorbed. No large stocks exist in Europe, and there is little ground for fear of weakening values. LONDON WOOL SALES STRONG COMPETITION MAINTAINED United Press Association—By Electric Telegraph —Cop vrtgbt LONDON, March 3. At the wool sales 7324 bales were offered, including 1851 from New Zealand and 6956 were sold. There was a moderate selection which met strong competition, the home trade securing the bulk at full current rates. New Zealand greasy crossbred 18d (top), 15 7-8 d average. STRONG DEMAND IN VICTORIA HIGH RATES FOR LINCOLNS United Press Association—By Electric Tel egra ph —Copyright (Received March 4, 10.50 p.m.) MELBOURNE, March 4. At the wool sales at Melbourne today, the feature was the strong demand for Lincolns which sold to 19id which is 100 per cent above last year's price.