AUSTRALIAN WOOL FOR JAPAN
Received Tuesdav, 7.1.1 p.m. T0K10, Feb. 10. . Arrangements have been coinpleted under which the occupation authorities will bnv 120,000 bales of burrv topmak ing wool fronx Australia at £21 a bale. OtTicials expect the, lirst shipment of .'50,000 bales will arrive in March. lf the wool arrives before the end» of March it will prevent the closing dc ,»'n of .lapanese mills which are rapidiy running out of stocks. The r.dls, witli present equipment, can han^ie three time.; the expected imports. lf price:' on the world markets remain fairly stable, the occupation autliQrities expect to be able to pav'for tiie imported wool by exporting one-third in manufactures and the Japanese would "on-_ sume the remainder. The exports would all go to nearby Asiatic markets which
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Bibliographic details
Chronicle (Levin), 12 February 1947, Page 8
Word Count
129AUSTRALIAN WOOL FOR JAPAN Chronicle (Levin), 12 February 1947, Page 8
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