GREAT CHANGES COMING.

Hawera Star, Volume XLV, 10 July 1925, Page 10

GREAT CHANGES COMING.

IN WOOL-SELLING METHODS"

NEED FOR. AGENT IN LONDON

STABILISATION OF PRICES

There are no doubt going to bo great changes in wool-selling method*, during ."ho next few years, and J. think it may not be long IveforO’ all wool will be scoured in the Dominion and rc-clas-sed. The above opinion was expressed to a Dominion repo liter by Mr. Bernard Tripp, of Tiniiaru, who has just returned from. Melbourne, where, with Mr. \\\ H. Nicholson, of Christchurch, he represented the New Zealand Sheepowners’ Federation at the conference held on June 23 to inquire into the question of the •stabilisation of wool prices. Mr. Tripp does not think this .scheme will be carried at present, but a great deal of good will come out ol it,"and no doubt an improvement on present, wool-selling methods. “There are no doubt going to be great changes in wool-selling methods during the next- few years,” declared 51 r. Tripp, “and I think it may not be long before all wool will be scoured in the Dominion and reclassed. If tbi>-- were done, sales could be made bv the creation, of a ‘futures' market, as in cotton, and help a gieat deal to stabilise prices. If all wool was .scoured and reconditioned, just think what an industry would be created and the number of men it would employ. The by-products would help to pay the cost. It has often been proved that re<•hissing u clip has meant 3(1 a pound extra to the grower. “My present advice to the woolgrowons,” continued Mr. Tripp, “is net to rush into any large scheme, but to move cautiously and be in a npsition to have the nucleus for a larger scheme when the time comes. | think the powers of the l present wool committee should be extended, and one of the fir sib tilings should be the appointment of a. good wool man in London. wlii* would work in co-operation with Australia and keep the committee this end advised iu> to the statistical position of the wool stocks in other countries besides England.