FUTURE OF WOOL
OUTLOOK UNCERTAIN COMBINATION OF FACTORS LONDON, June 5The Yorkshire Post says that with Germany’s embargo, Italy’s threatened discrimination, Belgian labour troubles, and the fact that France’s production is feeling the loss of export trade, have produced a combination of unsettling circumstances rarely experienced simultaneously. It is not be wondered that with 25 per cent, of the world demand for wool involved in a standstill threat, most people arc asking where values are likely to stand. The future is most uncertain. HEAVY WITHDRAWALS MELBOURNE WINTER SERIES. Received June 6. 8.7 p.m. MELBOURNE. June 6. At the first sales of the winter series at Melbourne, 6000 bales were offered. Comparatively little fleece wool was available, and withdrawals wore heavy. Overseas competition was almost negligible. Comeback fleece sold to 18d and crossbred to 17£d. Japan operated freely.
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Wanganui Chronicle, Volume 77, Issue 133, 7 June 1934, Page 9
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137FUTURE OF WOOL Wanganui Chronicle, Volume 77, Issue 133, 7 June 1934, Page 9
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