OUTLOOK FOR WOOL
(Press. Assn.-
BUOYANT AND OPTIMISTIC
-By Telegraph — Copyright)
Rec. Sept. 5, 5 p.m. London, Sept. 4. Mr. W. P. Devereux, representative of the Australian Woolgrowers in London, reports a buoyant and o'ptimistic feeling. All qualities of Merino tops at Bradford are dearer and a considerable amount of business has been done. The topmakers are adopting a strictly protective attitude, insisting on advanced prices. Fine crossbred tops are firmer. Considerable quantities of medium and coarse crossbred wool tops have been sold for export, and prices all round are dearer. Cross bred yarns bave been sold for export by the Homo trade at prices said to be well below replacement cost. In Germany there is an increased demand for tops, whiie the future markets at Antwerp and Roubaix sliow a steady increase in activity. There have been a greater number of transactions, with improvement in quotations of about 5 per cent., during the week.
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Bibliographic details
Rotorua Morning Post, Volume 2, Issue 320, 6 September 1932, Page 5
Word Count
155OUTLOOK FOR WOOL Rotorua Morning Post, Volume 2, Issue 320, 6 September 1932, Page 5
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