STRONG MARKET FOR WOOL IN BRITAIN
■ ./ . V' Received Moinfav, 7 i>.m. LONDON, Dec. 19. Bradford reports oue of tho strongest . jparkets since the war, states ihe Ihtefnational Wool Secretariat special neu's ;service. New Zealand crossbreds appear to have recavered stability since the recent price setback aiul Australian and South' African Merinos still sliow a price hardening tendencv at the highest levels since wool was -restored to the open market. Yorkshire and Continental Europe l>ought Dominions ' wool last week with somg of the highest buying limits of many years but there was a GQmplete absence of speculative aetivitv" and the sound feature of the present'ivool market is that wool purcliases a-r,e closely related to actual cvnsuipihg -needs. Tn the Dopiinions' market ia§t week, Yorkshire dompeted with Russia, America and certain other hard curreney buyers.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHRONL19491220.2.42
Bibliographic details
Chronicle (Levin), 20 December 1949, Page 6
Word Count
133STRONG MARKET FOR WOOL IN BRITAIN Chronicle (Levin), 20 December 1949, Page 6
Using This Item
NZME is the copyright owner for the Chronicle (Levin). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in