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A CABLE CANARD.

'AMERICAN WOOL MARKET, ;> , News from thoiotlier-end of the .world;- ' oven when sponsored .by ; '?The Times,'.' ? London,'.is.wot idtfays 1 accurate.-, It may • be that'tlie".message, is mutilated, in "transmHssion) or. : that :tlio 'cable . agent.: / ' misreads tho. matter .and,.so, causes, a blunder to - be, sent: to Australasia. A case 'in- poiht is-' now available./ > On 'No.'we published the follow- • BOttM PROSPECTS FOR, "WOOL, " UNITED STATES TARIFI'i AND; THE- . „ .I i 2NAMA_CANAi.' \ • Br Teleeraph—Press' Assbbiation—OoDyriffht "Times"—Sydhey'"Stin l '.Speci , al Cables; ~ r -. • i .tondon,-_ November; 20. ■ ' ''EialgefcyV are making big preparations for shipping Australian 'wool ■ to America, the .alteration; in .the TJnite'd'. , States tariff - admitting' woolfree—the' previous duty was lOd. per' pound— and offering prospects of unlimited trade, particularly-, when.- the Panama route is complete. Australian shippers arc-strongly-advised to visit tho States and make .their own arrangements. Wool prices 'are' likely''to become high." The Jocal office of Dalgety's knew- nothing of this' 'movement, and in response to numerous inquiries from clients, interrogations were addressed to Sydney, but tho Sydney office' could •throw no light on . the matter,, and a .'letter to the , head office, London, ■ ,brought a reply' dated January 8," .in which the following statement is made: "We are entirely at a loss to understand where this information emanated from. It was also published in tho Australasian paporu as a United Service cable. Wo are unable on this side to find out who sends the United Service cables, and wo think ...it highly likely that the report, comes/from : America. It was absolutely unauthorised, and in no way emanated from the head office,' or, as far as we know, any. of our : branches. We do not suppose that anyone in the trade who has followed the course of ttio market, would take a statement like this really seriously."

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19140225.2.104.2

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 7, Issue 1993, 25 February 1914, Page 10

Word count
Tapeke kupu
296

A CABLE CANARD. Dominion, Volume 7, Issue 1993, 25 February 1914, Page 10

A CABLE CANARD. Dominion, Volume 7, Issue 1993, 25 February 1914, Page 10

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