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viewed the position from the viewpoint of the Dominion as a whole, and, with the latest figures before it relating to the quantities in store and estimates to arrive for- the remaining, sales of the season it was forced to come to the conclusion that there would be a very grave risk of disturbing the present healthy tone of the market if the aggregate quantities already allotted for • the February offering at the various centres were increased in any instance. Further, and this is important, it would reduce the quantities available for the March sales at present estimated at 103,500 bales for the seven, sales to be held that- /month, and the committee. . feels strongly that the aggregate offerings for the March sales throughout the Dominion must be conserved in adequate quantities in order to ensure a continuance of competition from a full bench of wool buyers.” i . AUCKLAND’S PROTEST. p - AUCKLAND, February 3. *• In reply to a protest made by the executive of the Auckland Woolbrokers’ Association to the New Zealand Wool Committee in regard to its refusal to increase the allotment for the local sale, which commences on February ’ 21, the chairman of the local association, Mr H. D. Robinson, this morning received the following telegram:—“The Wool Committee again gave lengtlfy" consideration to your- application for an increased allotment for the February sale, but regrets it cannot- grant an increase.. Letter- following.”

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https://paperspast.natlib.govt.nz/newspapers/OW19270208.2.73.5

Bibliographic details

Otago Witness, Issue 3804, 8 February 1927, Page 20

Word Count
234

Untitled Otago Witness, Issue 3804, 8 February 1927, Page 20

Untitled Otago Witness, Issue 3804, 8 February 1927, Page 20

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