FORTUNES IN WOOL.
BROKERS' LARGE PROFITS. LONDON, May 7. The Daily News reports that since the boom in wool values set in many Bradford men have made handsome fortunes, almost without effort on their part. They bought Australian wodl early in the season and resold it in London last month at " sensational prices." , .
The profit cleared, states the Daily News, amounted in some instances to lid a lb. Wool which had been bought in New Zealand at an average price of 12|d a lb. was sold in London at 20Jd a lb. Some Bradford men made from £1000 to £2000 on a- single- deal' without having seen more than a small sample of the wool. *
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New Zealand Herald, Volume LXI, Issue 18711, 17 May 1924, Page 9
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115FORTUNES IN WOOL. New Zealand Herald, Volume LXI, Issue 18711, 17 May 1924, Page 9
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