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THE PRICE OF WOOL

RECENT SPECTACULAR RISE FINANCIAL NEWS COMMENT (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, September 19. (Received Sept. 19, at 10.30 p.m.) The Financial News describes the rise in wool as “ one of the most spectacular and quite the most important of price recoveries. Growers are realising the reward of their policy of steadily and philosophically meeting the market last year when prices were low, and resisting the temptation to withhold supplies as a result of a record clip. Meanwhile, with the cheapness of raw wool new uses have been discovered, of which woollen bathing suits are among the most obvious, and they have opened an almost new market.”

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19330920.2.65

Bibliographic details

Otago Daily Times, Issue 22063, 20 September 1933, Page 7

Word Count
112

THE PRICE OF WOOL Otago Daily Times, Issue 22063, 20 September 1933, Page 7

THE PRICE OF WOOL Otago Daily Times, Issue 22063, 20 September 1933, Page 7

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