Wool Sales Report Highlights Opening Sale on August 16
The report covers Farutre and draglers selling two coy and a Paralogue of over aog bales at the opening sale on August 16. It notes good to useful quality wools with regional representation including Moron, Auren Juneton, Walgett, Coonstuble, Bourke, and Wareren. Prices rose initially, though long-term trend showed fluctuations linked to European and Commonwealth markets, with notable French and Japanese demand and strong Yorkshire support.
MENTIONED IN THIS ARTICLE
Farutre & Draglers
Wistrietel
Moron
Auren Juneton
Walgett
Coonstuble
Bourke
Wareren
Senne Burr
Jopigene Aupport
London
Yorkshire
Japan
Opening Wool Sales Values Rise 20 Percent
Wool market shows a general upturn with prices rising about twenty percent as buyers anticipate firmer demand. Export growth and cheaper virgin wool use bolster manufacturing, while Australian and European buyers push higher bids. trade gloom from prior lows fades as sentiment improves.
Rabbitskin Market Report Advances in Prices
Advance prices noted for rabbit skins with top day price for winters at 4d. 2nd winters 20d. 2nd pelts 22d. and various grades listed. Strong competition from operators and new buyers as the market opens with average gains and near term quotations across multiple skin grades and damage levels.
MENTIONED IN THIS ARTICLE
Schute, Hell and Co
RT Tong
RT Tong Welng
All Opera
Perth
Wal
Zodpolia
Haroshisa
Depreciation of Japanese Currency in Opening Wool Sales
Depreciation of the Japanese currency is noted as opening prices rise 6 to 7d per er o in clean scoured bales. Fleece wools show hardening prices, with top at 129d for two bale lots. NSW clip may fall short of expected weights, tempering overall returns despite price gains.
MENTIONED IN THIS ARTICLE
F. H. Gourd
Garth
L. Lipscomb
New South Wales
Iiet
League of Nations economic panel backs motor vehicle production
The Economic Committee of the League of Nations, representing major motor industry participants, deems it highly desirable to avoid any obstacles to the production and use of motor vehicles for public and private purposes, citing unquestioned value to the world economy.
MENTIONED IN THIS ARTICLE
The
League of Nationa
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