

Opinions has vary on when this stage is reached. once again when wool users have ol run down their stocks to a new rd level and must buy wool at the h- same rate as they use it. The in point must eventually be reached A. It shows, too, in the y slackening of orders for wool l. are delaying dell a veries of the wooltops they have ot on order. It u- shows in the way spinners ofr es, worsted yarn. of markets, or indeed any mark which are finely balanced on I ok of profit margins, the high intel Agri- rates associated with the cr- mate squeeze have caused an immedi hort- round of destocking, almost imi nting ceptibl at any one point in et influential in the short term. What Bradford and elsewhere the ip is planation of the fall-off in wi i-ance purchases is quite straightforw- it it In common with other commoc nt. cted make it clear enough that the cal pula- of the current general weaken y of of prices is reticence on the p -p is of buyers rather than anything 31m. Comeback and crossbi path wools, 'which were reported to in short supply have not moved edic- as their supply position might hb er of indicated.

gory season's wool sales in Austra djust- also indicates a slight weakeni ig a of prices. What evidence i i as so far accumulated from the ns. Irllh idi 20 id it 31ad.1 ru 4L A ld t 3d, Agolln chlllud h t1 uNrrlT il 6d to 2k 7n It. a ), Pao 38,3.33 4 (97.3.97.6), SSMITHFIELD MEA' Uet'-S ottImh killed aldus 2* 3d 2l od, hInllgh Inj sildoi 23 3d to LI S N.

000 esuh, Bwilo lt Irid 64 \" \" woolit x 5VDN!y PUTlJ(ll«-~lesl. S_,not Per pound Tops Uloes - dou deo 'l lobter. Opened lses pt on Improved overas dvicos and In Strndini maintained i ood undertone 4l, clos wlth alns of 5-6 points, rep G. CALCUTTA-QAo e, Indian IR.365.00 value, Dundee Dalles I 7. Dqduoe yarso and claoh qi but pris ra st.eady and unchan LONDON-Quiea. 237s Id and 238a 7d respective ahipn I pCrlada. for Sept, shlpment, 90s and 6M8 10d Oct.-Dc., 9Os 7d and 681 fPt. QuotatIons: 89% 10d for 11 40-in., 69s 3d for T7I oZ per 100 yds and I. pt, unchanged, but ltill vary little buyinj terest. I ltO 4% Motif m JUTE 20 DUNDEE-Q\" ut a Pakistle. he lt, 11, CONTRACT TWO-Itody, urrnlli Irdina son1itlonA prfvailled us °rulhj r \"ru \"I u, i.I ,irpn 'I p ip Vo \"\"° Y, Otto.\" t ^, I. i ll, ll) ,DON DAI1,V P IUl-ltedy at n t o\". Su.iilt, - :, ,t ',Y JIIr' ll' -1r Pvtll. Lwmi and Pit rnporil ii godown prie qU Mallyein ee)li (buyir Otohlori slid prlieo ware unchlnvld tc Sll ilower i.d. ! e O sl 5 i91 i t Withdrlwn at this prico, * N6 hid if y pqrtliular grade iPriems re tho(e i which mont tradlng wa doile in eao alutuorv RUBBER I TKADVY Ill l oipnin wtll llutle Inlirerl at lililir lovii durinllg t dcv sunc a quiet aloI. Clear I Lislon ll'gh'm Itliad le nue per Ih iept. HIDES IONDON-Wek sal with many hide un ol and price down by up to Id Firal. March 424 16s, MI £24 19, S ARLEV-UqeolIed, S OL FUTURES SqAR Y- hlhr. I, LONDON FUTURES 16 HOME GROWN WHEAT - Steady. sIrley.-Fine malting 22s 9d.23s 9d - medium-good 21s.22s 3d. S Whet-Soft milling 20s 9d.21s har milling 211.21o 6d. up t s 23) a cwt for hard sorts and from 21, 9 ,n to 22& for feeding varieties. n, 3 allaks RTS AND PRICEI London market and prices tended Brmel For spot deliveries of soft milling fror e, 22s 3d to 22% 6d was Indicated. eorgis- Csld unait ,ll or ,iae evil I I ann - i s~n i I1II to U. ,qear oan an, gm erl annr tt i 11 arli e 1 t' Ilne t o 4t0ll w - GRAINS Ti BALTIC-A rever i. 30lid, Marc le 0) tid P\"' n i.A ud- n Ci ri, FREIGHTS S 10r1n I 0' n iam OW'' IAN ihn imn I ras: I 01 to N o. ,uden imbert N hil a.K 1re Closni pIOes balsI Amoriesn l.Inv her mlTnvlact. Mrltoa eonirl, ciluse, l umnuhnnd, Amarlusnn Iinv h k add ll nl sp ot l,3 Qd. 1\" 1 21gB1 1NaieS, 1M (71) lt of S titsn cacli Yesterday'l publliheld WC0 IIdielr prises U.N, cent pound Mild Arsbisi (4.1.4 0.S, unwished Arublos 40,(1 (4, 23)1, RIhuli 31.9 (32,2), Dall alai avergI.4e 1a. "text_content" : "jU i'iysi ld on a lilt Scoveri to cle lltll lstealdy, most ' 6d to Is down on ay.
