COMMERCIAL NEWS.
AUSTRALIAN & N.Z. CABLE ASSOCIATION] FREE WOOL MARKET. , (Received this day at 9.30 a.m.) LONDON, July 6. News from Australia that wool gro"’ : ers will be accorded a free, market for the sale of tin;, new clip has beep received in wool trade circles. It *S believed better than possible that Australia where nptoudnucy of buyers :s more restricted, a n,d coni petition .ess keen, not yet decided whether wool consigned to London for sale will be sold in competition with unsold wool, which Government has already purchased. It is believed this could ho adjusted with Government probably before the Australian safes commence in October. Arrangements will be made in conjunction with British Treasury for payment of substantial bonuses to growers on Imperial wool account. Sir Goldfinch announces that monthly London auctions will be continued .quantities being fixed according to t-hfi market requirements-.
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Hokitika Guardian, 8 July 1920, Page 3
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144COMMERCIAL NEWS. Hokitika Guardian, 8 July 1920, Page 3
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