WOOL PRICES
SHOULD BE LOWER?(Australian and N,Z. Gable Association., LONDON, June 2d. The “Daily Telegraph’s’’ wool trade correspondent says: ‘ ‘The consuming end of the trade has no patience with schemes like Sir J. Higgins’s, the main point of which is that users must pay the prices dictated by the.growers. ■ The'Australian growers have not marketed more than one unprofitable clip in the last fifteen years. Not a single user in Britain, the Continent, or America desires that the pastoralists shall receive less than profitable price:;, but all are of opinion that merino prices can fall a further fifteen per cent, and still give the growers a profit. Competent judges assert that the starting point of a world wool trade revival must be based on sixties, quality tops at forty-two pence per pound in Bradford and Roubaix. Even this should pay the growers. At any rate it would pave the way to a more profitable prices, ensuring renewed prosperity this season, throughout the whole industry.”
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Greymouth Evening Star, 29 June 1925, Page 5
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163WOOL PRICES Greymouth Evening Star, 29 June 1925, Page 5
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