AMERICAN WOOL PURCHASE
p' ■ CONTRACT CANCELLED. I By Telegraph—Press Association. I , \ Christchurch, May, 19. '••'•.'Mr. W. I. Carney, general manager of. i . Armour. and' Co., of-Australasia, has're: ceived a. cable message stating' that the [■ contract for the balance of the American ;t purchaser of' wool from Australasia .has • Srßien cancelled.- Tlio United 'States .Government -last .year -V,to. fc-purisiase 300,000 bales of wbol: from Atis-\ . Of that quantityvjpOjOOO 'bales. ; fcwere! to come from New 'Zealand.' : K- ready .36,318 'bales i . the ; contract . for the lmlancej. pfK 83,684'. i? balei had been cancelled i" ; tice was 'signed. . ThorUnited,'vStat'e.9. : < Government. had many contracts/with' r the British';.lmperial. .Government, ,'andj iy' the - latter has' many ...contracts jwith ~the. ; United 1 States.'' Of each "country; have met \ in conference, : ,and have ;agree<t to. cancel'the contracts | on both .-'sides." The. . AustralasianV woofy j'''contract evidently is: one-; of '■ tHose;. can-,' '■celled by the 'United States. • The cani'collation will not cause, difficulty in dis- ', posing of tho New Zealand wool;. Tlie- , balance will'go to''England instead of the ;• United States..
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Dominion, Volume 12, Issue 201, 20 May 1919, Page 8
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170AMERICAN WOOL PURCHASE Dominion, Volume 12, Issue 201, 20 May 1919, Page 8
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