Excerpt from Wool Situation, Vol. 106: May 1974 Both buyers and sellers seem to be waiting for a clearer picture of the future, with the reopening of the Australian auctions in late J uly and August for sale of the new season clip being a major indicator. Growers are generally resisting current offers and are movin g wool to consignment warehouses. There is no evidence so far of any contracting of the clip, as prevailed a year ago. Despite limited world supplies, only limited buying interest has been shown as high interest rates, energy shortages, transportation problem's, and other uncertainties are keeping mill buyers cautious. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.