Wool Market Improves as Domestic Sales Rise
The Commercial Bulletin reports a week of gains in the wool market with increased domestic sales and a stabilized price trend. Western demand shows slight upticks while foreign markets remain quiet. overall outlook is cautiously encouraging for buyers and producers.
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Rain improves sentiment as crops recover in parts
New York June 18 The AP notes rain has boosted crop conditions across much of the country, lifting business mood though buying remains quiet. Textile and apparel demand weak. auto sales slide. furniture trading slow. Spring wheat uncertain in drought areas, while other regions see decent crop prospects. rail movement and bank clearings reported.
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