HIGH WOOL PRICES.
OUTPUT BELOW DEMAND. / ■ ,w:- :k? .: ■ Reviewing } the raw 'wool position, / Sir Arthur Goldfinch, chairman of the British Board : of Bawra, , states thai the -surplus that the 'trade has been eating up during the last five years has now disappeared: rhe present demand _• is. at least equal- to■ the pre-war demand, while the . annual growth of •wool -is• 10 ' per cent. less. Ho forecasts a substantial ■ rise •in prices - during this year, particularly -in medium and x>arse crossbreds. ■ * : "The world 7is crying out for more* A'ool," he says; "and there is no business ic' -which the producer can more conidently : look for handsomely paying prices For, a long series of years than to sheepfarming."-/;:' *' - . ~ , r . He says there is a clear call to the people of Australia to remove : any': obstacles which may now exist to ' the *■ in-' °* 6^ee P flocks, and -to go ahead :9nndently an — energetically.; to - produce; vast aS can be grown on' the
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Bibliographic details
New Zealand Herald, Volume LXI, Issue 18703, 8 May 1924, Page 14
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159HIGH WOOL PRICES. New Zealand Herald, Volume LXI, Issue 18703, 8 May 1924, Page 14
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