WOOL CONFERENCE.

Manawatu Herald, Volume XLIV, Issue 2475, 2 September 1922, Page 4

WOOL CONFERENCE.

IMPORTANT GATHERING. ALLOCATION OF THE CLIP. MELBOURNE. Aug. 31. The wool conference considered resolutions submitted by the Australian Wool Glowers’ Council approving of tin- present system for the allocation of wool and Us continuance for another twelve months also approving of Sir John Higgins's proposal for the stabilisation of i-ros.tired wool. The conference, after discussion, adopted ill.-.sc resolutions, but in the divisions ih.reon the members of the National Coi n

ell of Wool-Selling Brokers of Australia present did not vote. Negotiations are proceeding between ihe .tii-ion.s iuteiests represented at the eo-i-I. i-eriee Iron: which an arrangemi-iii ai-cept-al.ie to all parties will, it is liopid. result. Ihe president of the Woof-Selling iStokers urged that alter 30 1 1 1 September all allocations in regard to the lortin omiii olip be left in the hands of the selling brokers, they receiving and carefully cou--idering any suggestions made by the I!. A.W-'.R.A. or the growers’ representa:ives. their object being to arrange dales so ilint the full strength of the buying im crests be concent rated at each selling . nitre ill rotation. At a later meeting the H.A.W .R.A. and ihe Selling Brokers' Council’s represent alives agreed that the allocations for the Commonwealth for the Sept ember aue:i.,us be 108.000 bales—Press Association.