AMERICAN CABLE NEWS
[Australian & N.Z. Cablo Association.] FLOOD CATASTROPHE. BUENOS AYRES. March 25. Floods in Jujuts province, in the extreme north-west of Argentine, resulted in over seventy deaths to-day. WOOL FUTURES. jNEAV YORK, Murcn 26. Arrangments for trading wool futures on New York cotton exchange lare expected to result from inquiries by the exchange committee, the Chairman of which said a practical plan can be worked out to give consumers of wool the same protection that cotton buyers now enjoy, through hedging facilities. He said where the need for a future market exists and the volume of business transacted justifies the establishment of such a way will be found eventually to overcome the difficulties. The - committee will investigate industries from every „ angle of production, market preparation, shipping, market distribution, weaving land spinning. Hearings will probnbiy be held at Boston, Philadelphia and other wool centres and cooperation of United / States will be sought, ■ I ' ■ »
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Hokitika Guardian, 28 March 1927, Page 3
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153AMERICAN CABLE NEWS Hokitika Guardian, 28 March 1927, Page 3
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