WOOL RUMOURS.
A SYNDICATE'S SPECULATION. Tho paragraph in yesterday's Dominion that a southern wool buyer, visiting Feilding „ had.said his firm was buying up all tho wool it could lay its hands on, confident that prices will rise,,revives an interesting rumour. Tho. rumour, dating from some months back, is to the effect that a number of'local people formed a syndicate and bought up heavily in . wool. . Whether they bought when prices were only half down or got in at bedrock is not .stated, but it is said they hold large stocks.. They have sent an agent Homo to buy or sell as the state of the market may suggest. Farmers in this country will earnestly wish them luck, although the. re- . sponsibilities.fthtey have- undertaken indicate considerable courage in the face of , an uniiiTitingoutloojr.'
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Dominion, Volume 1, Issue 207, 26 May 1908, Page 3
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132WOOL RUMOURS. Dominion, Volume 1, Issue 207, 26 May 1908, Page 3
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