PRICES OF WOOL
OPINION OF THE CONSUMERS. OBJECTION TO PROPOSED SCHEME. (By Electrio Telegraph.—Copyright.) Received June 29. 10.20 a.m. LONDON, June 28. Tho Daily Telegraph’s wool trade correspondent says: —“The consuming end of tho trade has no patience with schemes like that of Sir John Higgins, the main point of which is that the users must pay the prices dictated by tho growers. Australian growers have not . marketed more than one unprofitable clip in the last 15 years. Not a single user in Britain, the Continent or America desires that the pastoralists shall receive less than profitable prices, but all are of the opinion that merino prices can fall a further 15 per cent, and still give the growers a profit. Competent judges assort that the starting point of a world wool trade rex’ival must he based on sixties quality tops at 42d per pound in Bradford and Roubaix. Even this should pay the growers; at any rate, it would pave the way to more profitable prices, ensuring renewed prosperity this season throughout the whole industry.”—A. and N.Z. cable.
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Bibliographic details
Manawatu Standard, Volume XLV, Issue 176, 29 June 1925, Page 5
Word Count
179PRICES OF WOOL Manawatu Standard, Volume XLV, Issue 176, 29 June 1925, Page 5
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