STOPPED BY FOG

Wanganui Chronicle, Volume 79, Issue 280, 26 November 1936, Page 11

STOPPED BY FOG

LONDON WOOL SALES. The Bank of New Zealand, produce ’ department, is advised by its London ‘ office, under date November 24, that, J owing to foggy weather, the wool sales have been postponed. i THE SYDNEY SALES { t SPIRITED COMPETITION. 1 I Received Nov. 25. 11.5 p.m. SYDNEY, Nov. 25. 5 At the wool sales there was spirit- ' ed competition from Yorkshire, the ! Continent and America. Prices were s weil sustained and any withdrawals c were due entirely to owners’ excessive * reserves. Greasy Merino sold to 28Sd. £ There were 13,362 bales offered, 12,031 ' were sold at auction and 1965 pri- *■ vately. s E JAPANESE WOOL TRADE. t —■ F Trade opinion in Australia is to the f effect that Japan will resume buying o in Australia early in the New Year, t but in limited quantities. The Tokio u newspaper Yomiuri of November 19 is rep"orted that Japan had bought e 120,000 bales of South African wool. This is only two-thirds of the d scheduled quantity, but because of h the scarcity of shipping space it is T feared that 84,000 bales will remain ir unshipped by the end of December, h The wool importers are asking the o iovernment to act.