Page X Advertisements Column 7

Press, Volume LXIII, Issue 19138, 22 October 1927, Page X

AUCTIONS. H. MATSON AND GO. MATSON and 0 0. This undermentioned represents a Broker's Report on the Sales in Sydney for the Week Ending October 7th :-*- Wo would draw attention to the industrial unrest, set out hereunder, which we hope is only temporary, that has arisen In Berlin. ORDERS FOB WOOLPACKS, CORNSAQKS, AND- STATION REQUISITES PROMPTLY ATTENDED TO. The steadiness of the wool market il reflected in the continued firmness of values for inerino tops. Average 64's tops have been quoted at 50d in Bradford for over a a month. Prices fbr those semi-manufac-tures have not held so firm for sdme ySftrS. The consistent maintenance of rites is undoubtedly a tribute to the strength of the wool position. While, however, we have strong faith in the soundness of the Market, the experience of past years does not encourage the belief that prices' will hold unchanged : indefinitely. Some fluctuations have always developed in years gone by owing to some unexpected qauses arising. It is too much to anticipate that business will proceed on an entirely even course on this occasion. Maybe rates may eventually rise a little 1 . Of this we feel any dttwhward movements occur, they will be of a minor nature; supplies are too limited to permit of any sharp fall in prices. ADDINGfON MARKET. A FULL AND COMPETENT STAFF IN EACH SECTION. BEST PRICES. fi. MATSON and CO. Mail advices from America- indicate that the buoyant opening of the Australian" selling season gave further strength, to the wool trade in United States markets. . The report admits that- American consuming centres are. short of Australian and South American staple. Some disappointment was felt in the States owing to the fact that wbol efliisumption in the mills during July totalling 39;882,9251b ( was 6,000,0001b below June turnover. It was 1,600,0001b greater tfiati in July, 1928, but previously month by month this year the amount of wdbl consumed had steadily risen. The check may prove temporary. Asy However,- Anielloa has go far only played a minor part in competition at the sales; the curtailment Cannot be regarded as a factor likely to affect wool prices.' SKINS AND WOOL ODDMENTS EVERY THURSDAY. H ; MATSON and tiO. At practically every auction' held to date since the season opened, bidding" has been experienced from Russia. But demand from that quarter has not proved a strong market force. Russia is like Japan wag ydafs ago. She needs wool sound 1 in staple' ind free from fault. The art of treating burry and* faulty wools is only gained by experience. Japanese millmen have now had more experience, and are able to handle those lines effectively. Russian rflatinfacturMri are, therefore, limited in the class of wool they can Buy. itto doubt when the freer clips from the northern and southern districts of thin State are available stronger bidding frtjin that direction „IF ton HAVE PROPERTY FOR SALE, ENTRUST IT TO H. MATSON and GO, will be seen. Possibly most of the wool so far bought will be scoured before entering Russia! territory. Practically the lame hriport duty is collected on greasy, w661 entering the Country ail on scoured. Under that system - the person importing . greasy raw material pays duty on the grease and othSr extraneous matter the wbol carries. Naturally, therefore* the importation of scoured wool or wool as* light and free in condition as possible is favoured; - ' IF YOU REQUIRE A iVALUATION OF YOUR PROPBRfvY EMPLOY H. MATSON and CO. Bidding was strong, and values for all classes of merino and bomsback, flaeCs and skirtings were fully maintained on late levels at our Sydney wdol sale on Wednesday. Japan was a most forceful operator, being equipped with a decidedly plentiful supply of orders. Gferman competition was also BoUbly Strong, and France proved & keen bidder. Demand from Belgium and Italy was also experienced. Yorkshire, Russia, and America, in addition, competed for wools suitable for their requirements. 40,060 MEN LOOKED OUT IN TEXTILE TRADE IN GERMANY. (bt ABa6ciA , rf6N--efir*Bi6tfr.) (AUSTRALIAN ARD Jf.r, CkVtA . A»BofaA*i6ilf.) BERLIN, October 19. The lock-out in the textile industry it complete, and 40,000 employees have been thrown out of work. IF YOU WANT TO PURCHASE LIVE STOCK, LAND, OR ANY COMMODITY, GET IN TOUCH WITH H. MATSON and C 6.