Held-over Wool
Sir, —"Observer" writes a convincing letter against the farmer, but convincing only to those who.know not the particulars. The other day “Observer” was telling the farmer he would be far better occupied at his work than discussing matters he knew little, about, such as currency. Now. while discussing wool, is “Observer” sure of his own ground? I hold in my hand a commending letter from a Napier wool expert on the way my wool opened up. This parcel wae held over from the 1921 slump, and was held four years, and made good money. Many wools to-day will not average 3d., and it is immaterial whether farmers sell or not —the returns will pay no debts; their worth is taken by the city man’s charges, which are to-day higher than ever, and the farmer knows he can hold over cheaper than he can grow a fresh clip. Of course, the farmer who sells to the city man at any old price is not held over. What became of all the eheap woo! sold in the 1921 slump—not a penny was reflected in the retail prices.—l am. etc.. W. SISSON. Hastings. August 10.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19320812.2.124.5
Bibliographic details
Dominion, Volume 25, Issue 272, 12 August 1932, Page 13
Word Count
194Held-over Wool Dominion, Volume 25, Issue 272, 12 August 1932, Page 13
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in