COMMERCIAL ITEMS.

Hokitika Guardian, 2 June 1923, Page 1

COMMERCIAL ITEMS.

WOOL .MARKETS. AN AMBITIOUS SCHEME. I’LKXIIFIAI. May 20. General interest attached to the discussion tit the annual Provincial ( ' 'llereuee of the (Monts Sound branch of the Farmers' Union of the co-opera-tive wool pooling and marketing scheme propounded by Mr '.). G. Anderson. tlte president oi tlie branch. He has succeeded in giving the proposition much prominence as a de.egau to the Dominion Conference and by means of a widely distributed circular. Mr Ander-ou moved the billowing remit: "The whole of the marketing of New Zealand wool tu he under the control of tt small Board in the Dominion, consiMing oi not less than live or more than seven members, representing both the large and small sheepfarmors, the Board tu engage two or three the he-t exports in the wool trade at Home to act as its selling agents there, who would kx the minimum price ior each coum and quality for each sal" : the price to he the minimum parity fur the corresponding Dominion sales: the Board to appoint and control it- own wool elassers; the big flock owners to bo allowed the option of having their wool classed on the stations by tlie Hoards approved wool-elassers; tlie expenses of tlte Board to be met by ti small poundage rate on all wool sold." Mr Anderson pointed out that wool was practically tlie only main primary product that was not now tinder some pooling scheme. The main point'was that by scientific marketing the wind '■ would go forward in a more attractive ; form, and the buyers would lie able to urm-uro just whatever they required. The pool, too, would rut out specula- - live buyers, who purchased to red ass 1 and sdl at a prM'd, and through whom 1

| the producers were being deprived of t house lids of pound.- a year. The proposal was vigorously opposed Imt was carried hv 17 votes to 7. tcass