BUYER'S OPINION
LONDON WOOL PRICES
The belief that wool prices would be much the same as they were last year was' expressed by llr. J. A. Beaurang, who, representing the firm of woolbuyers of Kreglinger and Fernau, arrived in Auckland by the Marama for the New Zealand season, and who leaves Wellington for Christehurch this evening. Mr. Beaurang said he did not see any factors which could make prices rise. "Speaking personally as an individual, I would like to see them go up, for I work wider commission rates," he said, "but I don't think they will." He' has just come from Australia, and said prospects there did not seem indicative of. a rise.' The demand for wool was the same, he said. Its use as a commodity was not being superseded, so that just as much was needed to meet the world's requirements; but there was not the money to buy it. ' That was the long and short of it. '
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Bibliographic details
Evening Post, Volume CXIV, Issue 124, 22 November 1932, Page 10
Word Count
161BUYER'S OPINION Evening Post, Volume CXIV, Issue 124, 22 November 1932, Page 10
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