RISE IN WOOL PRICES
YORKSHIRE COMMENTS OUTLOOK ENCOURAGING LONDON, May 16. The Yorkshire Observer says: “It is gratifying that the recovery in wool prices is benefiting manufacturers, many of whom report more business than for many montns. It is antici pated that the improved activity will continue for a considerable time.” The Yorkshire Post says: “The Lon don increases arc the most pronounced for two years, and it is widely believed that they will be maintain and false levels prevented.” A GENERAL ADVANCE TRADE OPINION SANGUINE Received May 17, 5.5 p.m. LONDON, May 16. Total quantities offered at the wo«. sales to-day were 10,145 bales, induing 7168 bales New Zealand. About 8968 bales were sold. Brisk competition continued from all sections of the trade. The offering was mostly cleared at prices showing a general advance of 5 per cent, above the rates ruling at the opening of the senes. Realisations of New Zealand greasy crossbred wools were: “JLR,” 9|dpci pound highest, 6d average; scoured Merinos, “Oxford,” 18$d highest, 17- ! average.
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Bibliographic details
Wanganui Chronicle, Volume 76, Issue 115, 18 May 1933, Page 9
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170RISE IN WOOL PRICES Wanganui Chronicle, Volume 76, Issue 115, 18 May 1933, Page 9
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