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Forbes Advocate in Forbes, New South Wales

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Forbes Advocate

Location

Forbes, New South Wales, Australia

Date

Sep 02, 1932

Page

9

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.

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.

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.

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.

The League of Nationa

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