WOOL TOPS CHEAPER
CAREFUL REDUCTIONS MADE The exports of tops from Britain for the nine months ended September 30 was 11,115,0001 b, or three times the quantity for the corresponding period of 1944. Large shipments of crossbred tops to France and Belgium were chiefly responsible for the increase, reports Winchcombe, Carson, Ltd., Australian woolbrokers. At July 1, 1942, the price of 70s Merino Bradford tops for export was 58£d a lb. Immediately opportunity offered, prices were reduced to 55£d in October. 1944, and from November 1, 1945. to 50Jd. Other Merino tops have receded s£d during the three years, the finer crossbreds s£d and medium 7.td. Authorities in the United Kingdom have recognised the necessity to encourage trade without unduly lowering P When the war began. 70's Merino tops in Bradford were quoted at 28d. The Australian clip averaged lO.od a lb. or 33 per cent, less than its present level A return to that figure would not only affect the woolgrower and the national revenue of Australia, but also other great wool-producing countries.
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Otago Daily Times, Issue 26043, 5 January 1946, Page 7
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174WOOL TOPS CHEAPER Otago Daily Times, Issue 26043, 5 January 1946, Page 7
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