OUTLOOK FOR WOOL.
BRITAIN SHORT OF STOCKS. Per Press Association. AUCKLAND. Aug. G. “The conditions in England so far as wool is concerned are very sound,” said Air Rowland Smith, a prominent Sydney wool merchant, who is returning bv the Afonterey. “In Bradford, Britain’s largest wool centre, there are few visible stocks of tops and it looks as if the Homeland will be a heavy purchaser of Australian and New Zealand wools this season.
“In Europe, however, the position is a little obscure owing to the state of uncertainty with Italy and Germany. It is a question if they will he larger buyers than last year. France has not large stocks; Japan is likely to buy as usual.”
Mr Smith added that eeonomicallv and in every other way Britain had never stood more solidly than to-day.
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Manawatu Standard, Volume LVII, Issue 211, 6 August 1937, Page 2
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136OUTLOOK FOR WOOL. Manawatu Standard, Volume LVII, Issue 211, 6 August 1937, Page 2
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