OUTLOOK FOR WOOL
HAS SUFFERED LESS THAN ANY OTHER COMMODITY LONDON, March 31. Wool probably has suffered less than any commodity these anxious days, states Dawson’s Review, commenting on the outlook after the London sales. The slightness of reduction in values is remarkable and indicates the confidence which must have supported optimism of both consumers and distributors. An outstanding feature ot the London sales has been the strength of crossbreds, particularly lowest grades, owing to smaller arrivals. There is no sign of increased consumption. The Yorkshire nulls continue to operate on reduced scale, nevertheless it is difficult to imagine that Merinos can decline much further in view of the low average greasy price growers are now receiving.
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Wanganui Chronicle, Volume 80, Issue 78, 2 April 1938, Page 9
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117OUTLOOK FOR WOOL Wanganui Chronicle, Volume 80, Issue 78, 2 April 1938, Page 9
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