VALUES UNCHANGED.
WOOL BUYER'S VIEWS
"NOTHING TO MAKE THEM RISE."
The belief that wool prices would be much the same as they were last year was expressed by Mr. J. A. Beaurang, who, representing the firm of woolbuyers of Kreglinger and Fern an, arrived in Auckland this morning by the Marama for the New Zealand season. He is going to Cliristchureli to-night. Mr. Beaurang said he did not see any factors which could make prices rise. "Speaking personally as an individual, I would like to see them go up, for I work under commission rates," he said, "but I don't think they will." He has just come from Australia, and said prospects there did not seem indicative of a rise. The demand for wool was the same, he said. Its use as a commodity was not being superseded, so that just as much was needed to meet the world's requirements; but there was not the money to buy it. That was the long and short of it.
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Bibliographic details
Auckland Star, Volume LXIII, Issue 276, 21 November 1932, Page 5
Word Count
167VALUES UNCHANGED. Auckland Star, Volume LXIII, Issue 276, 21 November 1932, Page 5
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