PROSPECTS BRIGHTER.
"Prospects favour wool becoming dearer, and the price can rise moderately, and still proyide raw material at workable prices." This statement is made in the annual report of Winehcombe, Carson, Ltd., Sydney. The world which produced 8,479.000 bales in 1922 and 9,005,000.ba1es in 1924 has lately grou«n over 11,000,000 bales. Over that period the Australian' clip has increased about 850,000 bales (40 per cent.), and the South African clip 31,000 bales (50 per cent.). When economic facts are recognised, and producing expenses reduced, the report concludes, wool-growing in Australia and New Zealand will again prove profitable.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19300517.2.119.6
Bibliographic details
Evening Post, Volume CIX, Issue 115, 17 May 1930, Page 12
Word Count
98PROSPECTS BRIGHTER. Evening Post, Volume CIX, Issue 115, 17 May 1930, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. 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