VALUES FOR WOOL
"Position Appears Impregnable" (Received 29, 8.45 a.m.) LONDON. April 28. Messrs Dawson's, commenting on tbe London wool saies, says: "The heights of the prices attained are almost fearsome and make folks nervous, but all tbe old crossbred stocks are completely cleared and tbe position appears impregnable. "Merinos advanced more modestly but witb limited supplies there was a still be buovant. strong general demand and prices may "The real test must shortly be faced in Sydney and Brisbane when supplies will be more plentiful. Meanwhile consumption in all grades has developed at an unexpected rate both for tops and wool. Most European millB are at a low level. "An outstanding feature of the season has been the resumptipn of Russian operations, while the unexpected strong support from America also helped the market. The Home trade finds difficulty in making ends meet, whether selling or buying and is being dragged at the heels of a strong world demand."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBHETR19370429.2.57
Bibliographic details
Hawke's Bay Herald-Tribune, Issue 87, 29 April 1937, Page 5
Word Count
159VALUES FOR WOOL Hawke's Bay Herald-Tribune, Issue 87, 29 April 1937, Page 5
Using This Item
NZME is the copyright owner for the Hawke's Bay Herald-Tribune. 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