LITTLE VARIATION.
Observer Reports on Wool Sales. GOOD GERMAN DEMAND. United Press Assn.—By Electric Telegraph—Copyright. (Received December 14, 8.30 a.m.) LONDON, December 13. Mr De.vereux reports that the London sales have shown little variation, the catalogues containing a good and representative selection of Australians. Competition on the whole was general and well sustained. The German demand is continuing to be a marked feature for Merinos and fine cross-breds. There is a good British demand for both Merinos and cross-breds. France is buying sparingly. Values of Merinos and cross-breds, although at times showing some irregularity, have not quotably altered. Withdrawals were mostly due to excessive limits. The position of the tops market at Bradford is practically unchanged. The general Continental position is very difficult and depressed. The German emergency economy decree is having a disturbing influence. The total stocks of tops in commission in combers’ hands in Continental centres at the end of November had decreased nearly 15 per cent compared with October.
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Bibliographic details
Star (Christchurch), Volume XLIV, Issue 296, 14 December 1931, Page 1
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162LITTLE VARIATION. Star (Christchurch), Volume XLIV, Issue 296, 14 December 1931, Page 1
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