WOOL POSITION BETTER
MORE INQUIRY FOR EXPORT.
Wellington, Sept. 19
A well-known wool authority says'*. Severe financial pressure continues to dominate the situation in manufacturing and wholesale selling sections. Lately there has been more inquiry for export, but orders have been principally filled from stock. The Home trade is in the unfortunate position of being unable to find a market in America owing to the tariff, and is also suffering acutely from the European exchange position. Nevertheless, conditions are less adverse to improvement in business, and there are encouraging signs of gradual relief from the more depressing features of the slump. Progress is extremely slow, but gradual adjustment is being made in the direction of reduced cost of production, and for better wages at Home and on the Continent, which together will tend to lessen the existing disparity be--1 ween Continental and Home costs.
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Manawatu Herald, Volume XLIII, Issue 2332, 22 September 1921, Page 3
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144WOOL POSITION BETTER Manawatu Herald, Volume XLIII, Issue 2332, 22 September 1921, Page 3
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