WOOL STORES BURNED

Evening Star, Issue 22144, 26 September 1935, Page 11

WOOL STORES BURNED

THE SYDNEY FIRE BOOING STILL SMOLDERING . Press Association—By Telegraph—Copyright ■ SYDNEY, September 25. Thirty thousand bales of wool, valued at £550,000, were destroyed in the fire at' Goldsbrough, Mort Company’s wool stores at Pyrmont. The wool was fully insured. The building, which was also fully insured and was officially valued at £200,000, was completely razed. The fire is- still smouldering, but is under ‘ control.

Goldsbrough, Mort’s Nos. 2 and 3 stores nearby were saved, only minor damage being done. Arrangements have been made with the Royal Agricultural Society for the use of the show ground building for accommodation of large consignments of wool now coming forward from the country. Three firemen and four civilians were injured, and taken to hospital, but after treatment they were allowed to leave. A goods tram which was standing on the Darling Harbour siding caught fire owing to the intense heat, but the fire was subdued before it obtained a strong hold. The roads, footpaths, and portion of the railway siding were extensively damaged by the falling white hot walls and flying debris. To-day’s wool sales were not seriously interrupted by the fire, and it is not feared that there will be any shortage of wool.

OFFICIAL ESTIMATE OF DAMAGE

SYDNEY, September 26. (Received September 26, at II a.m.) Goldsbrough, Mort’s premises were still burning this morning, and are expected to continue smouldering for a week. The damage is officially estimated at £BOO,OOO. The damage to railway property, telephone, and electric light mains runs into thousands. One hundred and sixty-two Goklsbrough employees are thrown out of work.

WILL NOT AFFECT PRICES

LONDON, September 25. (Received September 26, at 2 p.m.) Bradford importers express the opinion that the Sydney fire will not affect the price of wool, alternative supplies being available as the Selling season has just begun.