THE WOOL OUTLOOK
(Press Assn. —
sales for the year end with cheerful spirit STIMULATED DEMAND
-By Telegraph— Copyright).
London, Dec. 24. Mr. W. P. Devereux, representative in London of the Australian Woolgrowers' Council, reports that in the wool market the yeap is ending in a spirit of cheerfulness. With the publication of rosters of saies and quantities likely to be available ha^ come an jncreased realisation that the shortage of available supplies will be most severely felt next year, and nntil September or Octoher no relief can be experienced. This has gtimur lated the demand for raw woolsd In sympg.thy with the active d.emand and advancing values in the oyerseas markets, quotations for tops have adf vanced to replacement cost in all European centres, Crossb'red tops arg firmer with some business at full iparket rates. There is some new business also in crossr bred yams, which are firm. Machinery actiyity hgs hpen well maintained. The Continental futures markets are fairly active. Quotations in all positions have further improved
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Rotorua Morning Post, Volume 3, Issue 724, 27 December 1933, Page 5
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168THE WOOL OUTLOOK Rotorua Morning Post, Volume 3, Issue 724, 27 December 1933, Page 5
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