GERMAN CONTROL OF WOOL SALES
Buyers In South Africa 1 Perturbed
(Received January 13, 8.30 p.m.)
LONDON, January 13.
The Cape Town correspondent of “The Timbs” says that Germany’s almost monopolistic control of the wool sales is perturbing British, Continental and local buyers. Durban reports the signing of a barter agreement under which Germany takes £4,000,000 worth of wool in 1939. This has enabled the Germans to close down or jeopardize four English and South African wool-buy-ing firms, to displace the dismissed South Africans with Germans and discriminate against British shipping. The German buyers do not compete with one another at the wool smiles. One buys against non-Germans and'distributes his purchases among his compatriots. Five German buying houses have been established in Durban in two years.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19390114.2.46
Bibliographic details
Dominion, Volume 32, Issue 94, 14 January 1939, Page 9
Word Count
126GERMAN CONTROL OF WOOL SALES Dominion, Volume 32, Issue 94, 14 January 1939, Page 9
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.