The Wool Market.
To give an illustration of what the require. meats of the United States would be if ■he took full advantage of the open wool market, and supposing s bale of wool contains 400lbs, it " only necessary to state th»t there would be a demand for over an extra million bales of wool. The world has no surplus of this kind, and of coarse the quantity could not be supplied ; but the fact that it could not be supplied would create a demand for the commodity that wonld largely increase its price. An increase in the price of wool is inevitable, and before long that increase will be a substantial one —North Otago Times.
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Bibliographic details
Feilding Star, Volume XVI, Issue 12, 14 July 1894, Page 3
Word Count
116The Wool Market. Feilding Star, Volume XVI, Issue 12, 14 July 1894, Page 3
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