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WOOL PRICES

PLAN TO FIX MINIMUM. OPPOSITION IN EUROPE. (United Press Assn.—Telegraph Copyright.) London, December 19. The Bradford correspondent of the Australian Press Association says it is probable that both British and Continental importers of wool will cooperate to oppose the proposal to fix a minimum price reserve, as suggested in Australia. In anticipation of the conference of growers, brokers, shippers, and bankers at Canberra on January 7, the International Wool Textile Organization has communicated with leading Bradford import organizations, and is watching developments closely. It is suggested here that the abolition of the Federal land tax is the soundest way of reducing production costs. It would mean a saving of 3d per lb.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19321221.2.36

Bibliographic details

Southland Times, Issue 21894, 21 December 1932, Page 7

Word Count
114

WOOL PRICES Southland Times, Issue 21894, 21 December 1932, Page 7

WOOL PRICES Southland Times, Issue 21894, 21 December 1932, Page 7