DANGER OF WOOL BOOM.
The post-war and depression years provided lessons for traders generally which will not be readily forgotten, remark Winchcombe, Carson, and Co., Sydney. A wariness in regard to high prices has developed, which makes all concerned hesitant about risking them. Fortunes were lost in the aftermath of the 1924-25 boom and the drop in values from 1929 onwards. The danger of a "boom" this season appears to have passed, and the ready sale of the balance of the season's clip appears to be assured at a range of rates which provide profitable results for growers. Woollen goods have. commanded, and are likely to command, ready "Users in the British Isles. The re-armament programme of the British Government which is tb continue for some years must contribute largely in that respect.
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Evening Post, Volume CXXIII, Issue 51, 2 March 1937, Page 12
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133DANGER OF WOOL BOOM. Evening Post, Volume CXXIII, Issue 51, 2 March 1937, Page 12
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