London Wool Report
Received Mnndav. 7 T».m. LONDON. Nbv. 14. Market Conditions remain extremelv firm in Merinos while erossbreds have hardened in symoathv with a similar movement in Australian erossbreds, savs the TflterilatiOnal Wo'ol Secretariat special news service. TTnder the iiifiuence of strong Russian bidding, some Melbourne erossbreds advanced sharply this week and medium crossbred top quotations in Bradford have advanced 2d and 3d- per 1b., bnt still lag behind wo'dl costs. Some of the largest crosSbred, topmakers have withdrawu from the Bradford market, having failed to t buy wool in the Dominions this week and being unwilling to offer tops fdr Sftlfe nhtii tHey have bought wool froih Whibli to make them. These firms are 'unwiiling tp §ell uncovered as this wouM iiivoive thticipating the pric? level on which the New Zealand ntai'ketiiig seasoii will open later this month. . . ^ ?! •
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Bibliographic details
Chronicle (Levin), 15 November 1949, Page 5
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140London Wool Report Chronicle (Levin), 15 November 1949, Page 5
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