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WOOL MARKET

LONDON SALES.

LONDON, Saturday.

Wool-buyers find difficulty in assessing the course of values at London, sales. They are impressed by the small quantities offering, which emphasises that stocks are very much lower than they‘have been at this time of year for a long time. The extent of the Continental demand is uncertain. Some feel that the recent movements of the franc will make France an important influence. Italy will possibly operate.. Responsible traders anticipate that the. sales will not open at a lower level than the values now ruling in Australia. PROSPECTS FOR COMING SEASON. WELLINGTON, This Day. Although the wool market showed considerable improvement last season, Mr E. L. Ilazelton, of Wellington, who returned by the Maunganui, after four months in North America, says that prospects for the coining season are still brighter. He said that .conditions were improving in the United States and there was a good demand for wool there.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WDT19360914.2.55

Bibliographic details

Wairarapa Daily Times, 14 September 1936, Page 5

Word Count
155

WOOL MARKET Wairarapa Daily Times, 14 September 1936, Page 5

WOOL MARKET Wairarapa Daily Times, 14 September 1936, Page 5