WOOL TRADE CUSTOM
DRAFT ALLOWANCE STANDS
(By Telegraph—Press Assn.—Copyright.) (Received June 23, 9.20 a.m.) LONDON, June 22. Senator J. F. Guthrie, of Victoria, head wool expert for Australia and | New Zealand for Dalgety and Co., interviewed by the Australian Associ-1 ated Press agency, revealed that com- j bined efforts by New Zealand, Australia, and South Africa to secure the abolition of wool "draft allowances" on wool at the international textile conference had proved unavailing.
The. draft allowance is an old custom by which the buyer was allowed free one pound of wool in one hundredweight of wool. Efforts to do away with the allowance have been made by wool growers year after year, but without success.
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Bibliographic details
Evening Post, Volume CXXIII, Issue 147, 23 June 1937, Page 14
Word Count
116WOOL TRADE CUSTOM Evening Post, Volume CXXIII, Issue 147, 23 June 1937, Page 14
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