WOOL PRICES
STATEMENT WILL BE ISSUED SHORTLY
“A comprehensive statement will be Issued shortly on the price that woolgrowers will receive for their 1946-47 ?liD and the contributory charge to be naid by them,” said Mr W. Horrobm, denutv-chairman of the New Zealand Wool Board, in Christchurch yester-, statement would incorporate the reserve or floor price issued by United Kingdom-Dominion Wool Disposals. Ltd irrespective of the auction price received by growers, he said. Referring to the disposal of the wartime accumulation of wool, Mr Horrobin said that the finance for the old wool would be met by the New Zealand Government in four annual payments to United Kingdom-Dominion Wool Disposals. Ltd., and there would be no charge of interest. Apart from that, the scheme envisaged a complete partnership between the United Kingdom and New Zealand Governments.
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Press, Volume LXXXII, Issue 24913, 28 June 1946, Page 5
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136WOOL PRICES Press, Volume LXXXII, Issue 24913, 28 June 1946, Page 5
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