THE WOOL MARKET
IN A HEALTHY CONDITION AN OUTSTANDING FEATURE THE STRENGTH OF CROSSBREDS United Press Assn.—Elec. TeL Copyright (Received April 1, 3.15 p.m.) LONDON, March 31 "Wool has probably suffered less than any commodity these anxious days, states Dawson’s, commenting on the outlook after the London sales. The slightness of the reduction in values is remarkable and indicates oonAdence, which must be supported by the optimism of consumers and distributors. An outstanding feature of the London sales has been the strength of crossbreds, particularly the lowest grades, owing to smaller arrivals. There is no sign of increased consumption. The Yorkshire mills continue to operate on a reduced scale. Nevertheless, it Is diAlcult to imagine that Merinos can decline much further, in view of the low average price for greasy wools which the growers are receiving. _______
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Waikato Times, Volume 122, Issue 20463, 1 April 1938, Page 8
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136THE WOOL MARKET Waikato Times, Volume 122, Issue 20463, 1 April 1938, Page 8
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