Salt Lake Telegram | 1936-10-19 | Page 18 | Wool Price Offsets Decline of Sterling

Wool Price Offsets Decline Decline of Sterling Foreign demand for wool has broadened and the Australian market market market mar- mar ket ket has advanced sufficiently to more more than offset the decline of ot the po pound pO md sterling since October 2 when the effect of the devaluation of the franc was problematical according according according ac ac- ac- ac cording to a market arket letter received by J. J A. A Hooper secretary of ot the Utah association The market in Boston also has broadened somewhat and a slightly better tone prevails generally it itIs itis Is 15 reported The top making branch of the industry has been the most active in acquiring territory wools of the fine grade