WOOL DEBACLE FEARED.
EXPERT’S VIEW. WILL GERMANY BUY ? By TeJesr-apli—Press Association—Copyright Australian and N.Z. Cable Association. (Received May 4, 11 a.m.) KONIGSBESRG, May 3. Commenting on the decline in wool values in Australia and the. suggestion to curtail sales, the “ Economist's *' wool expert says that he does not see anything to prevent nverinoes falling 15 per cent, unless the Continent, especially Germany, takes a buying lead. FT© asks:—“ls there not really more buyiug power than appears on the surface? Are not a good many frightened by their own shadow, and is trade not so bad as supposed?” Another writer says that unless good Continental support is forthcoming, the London sales next week mey result in a debacle.
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Star (Christchurch), Issue 17528, 4 May 1925, Page 1
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117WOOL DEBACLE FEARED. Star (Christchurch), Issue 17528, 4 May 1925, Page 1
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