WOOL INDUSTRY
SYDNEY VALUES WELL UP
(Australian Press Association)
SYDNEY, November 14.
The advance in wool prices, yesterday, wa s due to a shortage of wool. It is now estimated that the Australian clip will be four hundred thousand bales less than last year. The total decrease of 750,000 bales in Australian, New Zealand and South African .. supplies far the (current, tv elve months makes an appreciable reduction in the quantities available for consumption. Sydney values are now ten to fifteen per cent, above the top level last September, and on an average seventy per cent, above those of a year ago. SYDNEY COMPETITION IvEEN. SYDNEY, November 14. At to-day’s wool sales, 13,357 bales were offered, and 13,228 were sold, also 975 bales privately. Keen widespread competition continues. Values were very firm at the improved levels reported on Monday. At times they disclosed a further hardening tendency. An outstanding feature was the demand on Yorkshire’s account for all well grown descriptions.
The record price for the season was paid for greasy merino fleece, wlrch was advanced to 31.1 pence per lb for live 'bales from ltarraba.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19331115.2.37
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 15 November 1933, Page 5
Word count
Tapeke kupu
186WOOL INDUSTRY Hokitika Guardian, 15 November 1933, Page 5
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. 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 the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in