BIG DROP POSSIBLE
SOME EXPERT OPINIONS
NEED FOR EUROPEAN BUYING.
INDITED HIES 3 ASSOCIATIOS-COPXRIGBT.) (ACSIRAUA.N'-.NEW ZEALAND OABLE ASSOCIATION.; (Received 4th May, 10 a.m.) LONDON, 3rd May. Commenting on the decline in wool prices, raid the Australian suggestion to : curtail the sales..-the "Economist's" wool expert says he" does not see anything to prevent merinos failing by 15 per cent, unless the Continent, especially Germany, takes to buying. The '"Economist" asks : "Is there not really more buying power than appears on the surface ?i Are not 3?-.gbod many frightened by their own shadow, and trade not so bad as is supposed?" Another writer says that,'unless good Continental support is forthcoming, the London sales next week may result in a j debacle.
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Bibliographic details
Evening Post, Volume CIX, Issue 102, 4 May 1925, Page 5
Word Count
119BIG DROP POSSIBLE Evening Post, Volume CIX, Issue 102, 4 May 1925, Page 5
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