LOW PRICES FOR WOOL.
POSITION IN AUSTRALIA. POSTPONEMENT OF SALES. Australian and N.Z. Cable Association. (Reed. 5.5 p.m.) SYDNEY, May 3. A meeting of the National Council of the wool-selling brokers is to be held at Melbourne on Wednesday to consider the position created by the heavy fall in prices and the absence of substantia! buying orders. The wool sales which were to have been held at Adelaide on Thursday and Friday next have been postponed owing to the decline in prices. The growers, who have disposed of 85 per cent, of their clip, believe that delaying the sales will result in the stabilisation of the prices.
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New Zealand Herald, Volume LXII, Issue 19008, 4 May 1925, Page 9
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107LOW PRICES FOR WOOL. New Zealand Herald, Volume LXII, Issue 19008, 4 May 1925, Page 9
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