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WOOL REACHES NEW HIGH PRICE LEVEL

Received Tuesdav, 10.45 p.m. . LONDON, Sept. 2. . The Yorkshire Post's wool trade! eorrespondent says priees at the open- ! ing of the Australian wool saies came | as a bombshell to the Yorkshire textile . ; and clothing trades. Tjje new levels mean world wool values relatively far above the coutrolled maximum prices for tops used for home trade purposes. They promise acute difficu Ities for the trade in Britain in reconeiling controlled selling prices with open markot buying. The advance in United Kingdom maximum prices for wool tops. announced littlo more tlian a week ago, is already out of date. The advances are equal to an incroase of several jpence per yard in tlie price of average stvle worsted clotli now sold for the British trade.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19470903.2.29

Bibliographic details

Chronicle (Levin), 3 September 1947, Page 5

Word Count
129

WOOL REACHES NEW HIGH PRICE LEVEL Chronicle (Levin), 3 September 1947, Page 5

WOOL REACHES NEW HIGH PRICE LEVEL Chronicle (Levin), 3 September 1947, Page 5

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