WOOL MARKET
SALE AT AUCKLAND. PROSPECTS FOR TOMORROW. (By Telegraph—Press Association.) AUCKLAND, January 22. Speculation whether Japan will be actively in the market at the second Auckland wool sale of the season on Tuesday has arisen from the presence of Japanese buyers among visiting experts who continued appraising the clip at the weekend. A total of 24,000 bales will be offered. Both Bradford and the Continent are well represented among the buyers assembled in Auckland and apart from the wool which goes to New Zealand mills it is thought likely that the bulk of Tuesday’s offering will go overseas to these two destinations. Purchases by the United States are not expected. Though the wool for the second sale shows little alteration in quality from that offered in November, the season’s clip is considered by experts to compare unfavourably with the usual Auckland offering. With the trend toward a slight decline experts consider that prices tomorrow will not show any increase over those of the first sale, unless there is unexpected competition from additional countries.
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Wairarapa Times-Age, 23 January 1939, Page 3
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174WOOL MARKET Wairarapa Times-Age, 23 January 1939, Page 3
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