Revival Need In Wool Product Demand Seen
A revival in consumer demand for wool products appears necessary before any recovery in manufacturers' demand. The report notes high carry-over stocks and potential higher supplies in 1958 59 with Merino wool not expected to rise. World production of cotton and wool fell in 1957 while rayon and non cellulosic fibres rose. Early 1958 saw fibre consumption below 1957 levels.
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New Wool Season Opens Monday in Melbourne Market
Melbourne prepares for the opening wool sales on Monday with expectations of price firming from June levels. Japan faces competition from Britain as a bank rate cut may boost supply dynamics. France and South American nations hold large stockpiles while Brisbane and Perth listings rise. Melbourne offerings will draw from Riverina and Northern Victoria.
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Woman Decapitated Under Train in Sydney Station
A 49 year old Walgett resident Mrs Mary Heath was decapitated when she fell from a platform at MacDonald town under a train. Police have not yet interviewed the train driver.
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MacDonaldtown
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