Wool prices

Press, Volume CX, Issue 32450, 10 November 1970, Page 18

Wool prices

Sir, —Like most Corriedale growers, I have just received 18 per cent less for my wool than last year. Imagine, then, my amazement to read your front page heading, “Wool up.” Certainly it has risen from a 23 per cent drop to an 18 per cent drop over the last weeks but that is hardly a “rise” for the year, and your heading was most misleading. I know that many people not connected with wool now think that wool has “come right,” and the fanners are all right again, which, as you know, is rar from the case. Surely a paper like yours has a duty not to be misleading, either deliberately or through in this case, ignorance of last year’s prices. Might I suggest you check on the facts and publish a more accurate heading which I imagine would read something like, “Fall in wool prices eases to 18 per cent.”—Yours etc., J. L. C-H. November 8, 1970. [Our report nowhere referred ’ to a “rise for the year.” On the contrary, it made it quite clear that the rise—or perhaps our correspondent, would prefer to call it a negative fall —was a rise on the recent sales at Timaru and Wanganui. Ed., “The Press.”]