WEATHERED THE STORM
BRITISH WOOLLEN TRADE
CONTINENTAL COMPETITION o PRICES MAY FLUCTUATE BY CABLE—PRESS ASSOCIATION—COPYRIGHT. LONDON, Jan. 13., Mr. William Hunter, in his presidential address to the British Wool Federation at Bradford, expressed the opinion that the industry had weathered the worst of the storm. If safeguarding: duty on worsteds had been enacted corresponding to the foreigner's advantages due to depreciated exchanges, the industry might have avoided unfair competition. Nevertheless, when the spring orders were placed, many London distributing houses would bclikely to turn to Bradford instead oi to the Continent. He added: “There may be -sudden fluctuations in prices after the colonial buying season closes, owing to the unequal distribution of raw material and differing circumstances in consuming countries, hut generally they might expect an improvement.
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Hawera Star, Volume XLVI, 15 January 1927, Page 5
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127WEATHERED THE STORM Hawera Star, Volume XLVI, 15 January 1927, Page 5
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