WOOL PRICE LEVELS
POSITION IN AMERICA (Hec. 8 p.m.) WASHINGTON, July 13. Officials of the Department of Agriculture and the War Production Board conferred to-day on the proposal .that the Government should purchase all domestic wool for the duration of the war, as has been urged by representative woolgrowers and woollen manufacturers. The growers declared that unless they are assured of a market for wools for the duration at a satisfactory price level they will be forced to slaughter a larger number of lambs next fall in order to cut down winter feeding costs. The Department of Agriculture desires an outright purchase programme, but the War Production Board is reported to favour loans to stabilise wool and mohair prices.
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Bibliographic details
Otago Daily Times, Issue 24968, 15 July 1942, Page 4
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119WOOL PRICE LEVELS Otago Daily Times, Issue 24968, 15 July 1942, Page 4
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