WOOL VALUES
FALL IN AUSTRALIA
* NEXT LONDON SALES.;
CONTINENT RELIED UPON
BY CABLE—PRESS ASSOCIATION—COPYRIGHT. Received May 4, 9.40 a.m. LONDON, May 3. Commenting on the decline in wool values in Australia, and the .suggestion to curtail sues,' the Economist’s wool expert says that he does not see anything to prevent merinos falling 15 per cent, unless the Continent, especially' Germany, takes the buying lead. He asks: “Is there not really more buying power than appears on the surface. Are not a good many frightened by their own shadow,, and trhde is not so bad as is supposed.” Another writer says: “Unless good Continenta 1 support is forthcoming at the London sales next week, they, may result in a debacle. ’’ —-Aus. and N.Z. Assn.
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Bibliographic details
Hawera Star, Volume XLV, 4 May 1925, Page 5
Word Count
123WOOL VALUES Hawera Star, Volume XLV, 4 May 1925, Page 5
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