Better Wool Prices Make All the Difference

Manawatu Times, Volume LIX, Issue 7460, 10 May 1934, Page 7

Better Wool Prices Make All the Difference

AUSTRALIA NOW SEEKS IMPROVED WHEAT RETURNS Per Press Association. WELLINGTON, Last Night. “The price of wool'lias made all the difference to Australia,” said Mr H. Fell, managing-director of the Producers’ and Citizens’ Co-operative Assurance Co., Ltd., of Sydney, on his arrival by the Wanganclla to-day. "Our only trouble now,” he said, “is the price wo are getting for our wheat. If we can only improve that, we will be out of our troubles.” The Outlook for Wool CONTINUED UNCERTAINTY FREMANTLE, May 9. Mr. Dcvcrcau, London representative of the Australian AVoolgrowers’ Council', who has arrived by the Malojn, said: “When I left England conditions in all European woof markers were somewhat disturbed by reason of Germany’s temporary embargo on imports of raw wool and tops. Until trade restrictions in European countries are lifted, the uncertainty in trade must continue.” Average Prices in Australia SYDNEY, May 9. The prices of wool sold in Australia in ten months to the end of April averaged lOd aVb for greasy and 24.1 d for scoured.