SALES OF WOOL
PRIVATE TREATY METHOD AUSTRALIAN WR LT.ER *S WARN ING Received Dec. IS, midnight SYDNEY, Dec. 18. The Australian system of wool marketing is menaced, according to a wellinformed contributor to the Sydney Morning Herald, who declares that there is a remarkable growth of lhe practice of selling wool on thc station or farm. lie estimates that four times more wool this year was sold in country districts by private treaty than last season, a large percentage comprising the best wools, which were shipped direct to the mills abroad. He also estimates that a considerable proportion of lhe wool sold in this manner was obtained at twopence to fourpence a pound below the current auction values. The correspondent contends that this sort of thing is bound to force down levels at auction, and eventually load to ?haos.
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Bibliographic details
Wanganui Chronicle, Volume 76, Issue 299, 19 December 1933, Page 7
Word Count
139SALES OF WOOL Wanganui Chronicle, Volume 76, Issue 299, 19 December 1933, Page 7
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