NEVER MORE SOLID
BRITAIN'S POSITION WOOL MERCHANT PREDICTS BIG WOOL PURCHASES [Per United Press Association.] AUCKLAND, August G. “ Conditions in England so far as wool is concerned are very sound,” said Mr Rowland Smith, a prominent Sydney wool merchant, returning by the Monterey. “ In Bradford, Britain’s largest wool centre, there were few visible stocks of tops, and it looks as if the Homeland will be a heavy purchaser of Australian and New Zealand wools this season. “ In Europe, however, the position is a little obscure owing to a state of uncertainty with Italy and Germany. It is a question of reciprocity, but it appears as though they will be larger buyers than last year. Erance has not large stocks, and Japan is likely to buy as usual.” Mr Smith added that economically and in every other way, Britain had never stood more solidly than to-day.
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Evening Star, Issue 22720, 6 August 1937, Page 8
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145NEVER MORE SOLID Evening Star, Issue 22720, 6 August 1937, Page 8
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