WOOL SLACK.
A DISQUIETING OUTLOOK. 'DUE TO EUROPEAN UNREST. By 'Telegraph.— Press Assn.— Copyright. Received June 27, 5.5 p.m. London, June 26. As only, eleven thousand bales of wool were sold out of thirty thousand on the first day of the Liverpool sales, the second day was abandoned. Yorkshire traders consider the outlook is„ disquieting. They estimate the Government will still have a million bales on hand at the end of the year, instead of the. original estimate of 530,000. Traders say that while the immediate cause of the restricted demand is a falling market, and t)]p consequent instability of trade, the real cause is the political situation in Central and Eastern Europe. Until these countries nettle down the demand must continue poor, as other countries havo now an ample supply.—Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 28 June 1920, Page 5
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133WOOL SLACK. Taranaki Daily News, 28 June 1920, Page 5
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