A Study in Wool.
There Is an impression in the minds of some wool growers that they e_n do better by shipping their wool direct to England than by selling it in the. colony. That this is nob correct will be shown from the following f»ot__ In December lasb year, at the Christchurch wool sales, a Wellington buyer bid lit 79 bales of wool offered by Messrs Fr edlander Bros, on account of various clients, but as the transaction was nob ceneluded aa promptly as is usual, Mecsrs Friediandjr Brcu. eettled up with their clients. After further delayed negotiations it was found that the buyer* oould not pay. op, and Mefera F.iedlander Bros decided to ship the wool direob to Engknd. The account sales have late'y been received, from whioh ib appears that the London value oi the wool Wis fully Id alb less all round, and the loss, including txpens s per bale, averaged £3 Is 3_ 1, or £242 Oa lOd on the shipment. It would seem therefore that taking all risks and other circumstances Into account, farmers and growers do better by neiling in the colony than by shipping direct ho London
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Bibliographic details
Ashburton Guardian, Volume XXI, Issue 5501, 19 October 1901, Page 2
Word Count
195A Study in Wool. Ashburton Guardian, Volume XXI, Issue 5501, 19 October 1901, Page 2
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