TO KEEP DOWN WOOL PRICES
NO EVIDENCE OF COLLUSION. SUGGESTED EFFECT OF EXCHANGE ’ ■ .■>./, ■ . ■■: '* '\ ; I -'' ", By Telegraph.—Press Association. Wellington, Last Night ' , Mr. Vi E. Barnard (Lab., Napiei 1 ) asked (. in the House of Representatives to-day where it was true, as reported, that wool brokers were, collaborating to force down t wool prices with a view to any benefit from the increased exchange'being appropriated by oversea merchants. The Rt. Hon. J. G. Coates replied that there was no reason to believe wool prices had been prejudiced as suggested. Presumably the reference to brokers was intended to mean buyers, since brokers would have no interest in holding down, prices; the opposite would be, the case since brokers sold on commission. There was no evidence of collusion among competitive buyers at wool sales.
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Taranaki Daily News, 10 February 1933, Page 6
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129TO KEEP DOWN WOOL PRICES Taranaki Daily News, 10 February 1933, Page 6
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