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 announced littlo more tlian a week ago, is already out of date.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
129WOOL REACHES NEW HIGH PRICE LEVEL Chronicle (Levin), 3 September 1947, Page 5
Using This Item
NZME is the copyright owner for the Chronicle (Levin). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.