THE WOOL MARKET.
PROPAGANDA AGAINST CONTROL.
(Australian and N.Z. Cable Association.) (Received June 29, 11 a.m.) LONDON, June 28. The Daily Telegraph’s wool trade cor respondent says: “The consuming end of the trade has no patience with schemes like that of Sir J. Higgins, the main point o*f which is that users must pay the prices dictated by the growers. Aus tralian growers have not marketed more than one unprofitable clip in the last fifteen (years. Not a single user in Britain, the Continent, or America desires that pastoralists shall receive less than profitable prices, but all are of opinion that merino prices can fall a further 15 per cent, and still givo growers a profit. ■ ■■ “Competent judges assert that Che starting point of a world wool trade re* vivaljmust be based on sixties quality of tops at forty-two pence per pound in Bradford and Roubaix. Even this should pay growers. At any rate it would paver the way to more profitable prices, ensuring renewed prosperity this season, throughout the whole industry.”
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Bibliographic details
Poverty Bay Herald, Volume LI, Issue 16768, 29 June 1925, Page 7
Word Count
172THE WOOL MARKET. Poverty Bay Herald, Volume LI, Issue 16768, 29 June 1925, Page 7
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