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A well-known and well-informed South Canterbury farmer, in conversation with a "Timaru Post" reporter referred to the coming removal of the wool commandeer and the effect this was likely to have on tjuj priqe. not-lon-ly of wool but also of skins, which during recent years have been realising high prices. He said that there %as much speculation as to what would be the actual result of: the removal of the commandeer, which would take effect from the close of the present month, but his own opinion was that there could be no other effect than an easing of values, and he had advised his friends to realise on any skins they had in their possession. There were few farmers, he said, who, had not a few skins in their possession, and the usual practice was to allow these to accumulate till there was a fair number for disposal, then send the consignment to the market. * Under the conditions Whch had prevailed during the last few years there was little or no risk in that method, as prices were mor c inclined to advance than to recede, but without the commandeer the position would be changed, and his candid advice to his fellow farmers was to place whatever consignments of skins they had in their possession on the market without delay. It was better to be on th e safe side, and although the matter might not amount to> a great deal to many farmers, in the aggregat e the additional returns that might be reaped now compared to a month hence might be very able. Has advice, he said in concluision, was to sell befor c the present month ran ts course.

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https://paperspast.natlib.govt.nz/newspapers/NA19200623.2.41

Bibliographic details

Northern Advocate, 23 June 1920, Page 4

Word Count
282

Untitled Northern Advocate, 23 June 1920, Page 4

Untitled Northern Advocate, 23 June 1920, Page 4