THE WOOL MARKET.
TENDENCY TO FIRMER PRICES. By Telegraph.—Press Assn.—Copyright Received July 9, 5.5 p.m. London, July 7. Merinos are unchanged and crossbreds are harder, with fewer withdrawals. With reference to the possibility of the new Australian wool clip competing with the unsold stocks, it is pointed out in trade circles that the bulk of the supplies consist of inferior wools, with ft comparative scarcity of good Merino, of which there is unlikely to be a surplus. It is officially expected that existing stocks of Merinos and fine crossbreds will be cleared before the end of the year.—Aus.;N.Z. Cable Assn. Received July 10, 12.5 a.m. London, July 8. The Bradford wool market shows .rather a better tone, but very little business is passing. Quotations: Sixtyfours quality 102 d, fifty-sixes 74d, fifties 56d, forty-sixes 35d. At the London wool sales good merino crossbreds were fitm at late Tates. Lower and ifaulty s%rts continue to be withdrawn. Sales of New Zealand lots made: "Vernon" 45Jd, "Wharanui 25d.—Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 10 July 1920, Page 5
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167THE WOOL MARKET. Taranaki Daily News, 10 July 1920, Page 5
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