CONSIGN WOOL.
ADVICE TO GROWERS.
"Think Well Before Selling on
Farms."
SALES IN TOO MANY PLACES.
(United P.A.—Electric Telegraph—Copyright)
(Received 1 p.m.) LONDON', January 4. Sir Frederick Aykroyd, at the British Wool Federation dinner, emphasised Sir Graham Waddell's warning that Australian woolgrowers should think carefully before selling their -wool on their properties. If everyone did this, he said, it would bo impossible to discover the market price, which was decided by the world demand. The consumption level was lower than the auction level, as the latter produced keen international competition. /
Sir Frederick regretted there were wool sales in too many centres in Australia, as buyers could not be in two places simultaneously. It would be better to send more to London, where more wool could be sold daily than in any other centre, because there were always plenty of buyers.
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Bibliographic details
Auckland Star, Volume LXV, Issue 4, 5 January 1934, Page 7
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140CONSIGN WOOL. Auckland Star, Volume LXV, Issue 4, 5 January 1934, Page 7
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