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QUIETER DEMAND

London Wool Saies (Received 17, 10.30 a.m.) * LONDON, Sept. 16. At tho wool saies S485 bales wero oft'ered, including 2906 New Zealand; 4245 bales were sold. There was a moderato selection, a quieter demand favouring buyers. The liomo trade were again the cliief buyers. New Zealand realisations: — Scoured Merinos, R and CO/T, top 30d, average 30d. Slipe, halfbrcd lambs, Eclipse, top I9d, average 19d. The News-Clironicle says : Following heavy withdrawals on Tuesday, lialf of the 8500 bales oft'ered at to-day's wool saies were, withdrawn The market is disturbed owing to Japan's failure to buy at tho recent Australian saies, and also tbe possibiiity that Japan is not fulfilling her agreement to buy lialf a million additional bales from Australia by June Sellers' refusal to cut prices indicates the belief that Japan will soon return to the market.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBHETR19370917.2.44

Bibliographic details

Hawke's Bay Herald-Tribune, Issue 207, 17 September 1937, Page 5

Word Count
139

QUIETER DEMAND Hawke's Bay Herald-Tribune, Issue 207, 17 September 1937, Page 5

QUIETER DEMAND Hawke's Bay Herald-Tribune, Issue 207, 17 September 1937, Page 5

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