Page 16 Advertisements Column 1

Press, Volume LXIII, Issue 19139, 24 October 1927, Page 16

AUCTIONS. H. MATSOX AND COJdATBON and CO. e undermentioned represents a Broker's rt f»n tlie Sales in Sydney for (he W<- would draw attention to the industrial unrest, net out hereunder, which we hope is only temporary, (hat has arisen in Berlin. ORDERS FOR WOOLPACKS, COR.VSAOKS. AND STATION REQUISITES PROMPTLY ATTENDED TO. "he steadiness of the wool market is rein tho continued fir: jerino tops. Average 64's tops have been quoted at 50d in Bradford for over a » month. Prices for those semi-manufac-tures have not held so firm for some years. The consistent maintenance of rates is undoubtedly a tribute to the strength of the wool position. "While, however, wo have strong faith in the soundness of the market, the experience of past years does not encourage the belief (hat prices will hold unchanged indefinitely. Some fluctuations have always developed in years gone by owing to some unexpected causes 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. Of this we feel assured—should any downward movements occur, they will bo of a minor nature; supplies are too limited to permit of any sharp fall in prices. ADDINGTON MARKET. A FULL AND COMPETENT STAFF IN EACH SECTION. BEST PRICES. H. MATSON and CO. Mall advices from America indicate that the buoyant opening of the Australian selling reason gave furthor strength to the wool trade- in United States markets. The report admits that American consuming centres »re short of Australian and South American 'taple. Some disappointment was felt in the States owing to the fact that wool consumption in tho mills during July totalling 39,882,9251b,'was 6,000,0001b beiow June turnover. It was 1,600,0001b greater than in July, 1926, but previously month by month this amount of wool consumed had steadily rTsen. - The check may prove temporary. As, however, America has so far only played a minor part in competition at the sales, tho curtailment caaoot be regarded as a factor likely to affect wool prices. t.,?&!£ 8 AND WOOL ODDMENTS EVERY THURSDAY. H. MATSON and CO. ' . At practically every, auction held to date since tbe season opened, bidding has been experienced from Russia'. But demand from that quarter baß not proved a strong market force. Russia is like Japan was years ago. She needs wqol sound In staple and 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 manufacturers are, therefore, limited in the class of wool they can buy. No doubt when the freer clips from the northern and southern districts of this State are available stronger bidding frc* that direction IF YOU HAVE PROPERTY FOR SALE, ENTRUST IT TO H. MATSON and CO. will be seen. Possibly most of the wool so far boufht will be scoured before entering Russia: territory. Practically the same import duty is collected on greasy wool entering the country as on scoured. Under that system the person importing greasy raw material pays duty on the grease and other extraneona matter the wool carries. Naturally, therefore, the importation of scoured wool or wool as light and free in condition as possible is favoured. IF YOU REQUIRE A VALUATION OF YOUR PROPERTY EMPLOY H. MATSON and CO. Bidding was strong, and values for all classes of merino and comeback fleece-and skirtings were fully maintained on late levels at our Sydney wool sale on Wednesday. Japan was a most forceful operator, being equipped with a decidedly plentiful supply of orders. German competition was also notably strong, and Prance proved a keen bidder. Demand from Belgium and Italy was also experienced. Yorkshire, Russia, and America, in addition, competed for wools suitable for their requirements. 40,000 MEN LOCKED OUT IN TEXTILE TRADE IN GERMANY. (bt CABLE—rRISS ASSOCIATION— copyright.) (ArSTRALIAtf AND V.t. CABLE ASSOQATIOH.) BERLIN, October 19. The lock-out in tho textile industry is 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 CO.