PROSPECTS FOR WOOL.
GOOD FOR THREE YEARS. BEEF PROSPECT'S BRIGHTER. The opinion at Home is that the present satisfactory prices ruling for wool will hold for at least three years, and that values of meat and cotton will advance in correspondingproportion. Thib was the good news which Mr Robert Levin, who returned by the Corinthic last week from a visit to England, brought back with him. Mr Levin informed a Dominion reporter that the consensus of opinion at Home was that the .price of beef must rise, following the big shortage in calving which occurred in the Argentine this season. All the prospects pointed to the fact that everything would be pretty right for the primary producers for the next three years. One thing which struck him forcibly in London was the big difference in the price of meat sold at Smithfield market and what was charged to the consumer. This worked out at as much as 70 per cent. He had seen meat sold at Smithfield for 10%d per lb., which had been subsequently retailed at Is 6d ' per lb. Somebody was making a good profit at the expense of both the producer and the consumer.
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Bibliographic details
King Country Chronicle, Volume XX, Issue 2066, 13 January 1925, Page 5
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197PROSPECTS FOR WOOL. King Country Chronicle, Volume XX, Issue 2066, 13 January 1925, Page 5
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