WOOL SUPPLIES.
A SHORTAGE ESTIMATED. j An amended estimate of Messrs Dalgety , and Co. puts the probable supplies of wool j from the Australasian States as follow, asagainst an increase previously estimated : — 1907-8. 1906-7. Estimated. Actual. Bales. Balee. New South Wales .. .. 880.500 956,500 "Victoria, .. 268,500 268,500 Queensland 224.00& 204.000 ■South Australia . . .. 172.500 158,500 Western Australia .. .. 44.00 C 42,000 Tasmania 33 500 33 500 , New Zealand 427,000 427,000 1 Totals .i- .. ... ..2.050,000 2,090,000 Decrease, 40,000. After dealing with the proapecte of prices for the immediate future, and admitting that the statistical position has little influence on the position, the Sydney Morning Herald takes an optimistic view, and says: — '"The point at the present moment is that the bulk of th^ clip has been sold in a, short lensrth of time in the Australian markets, and. with the exception of moderate etocks, the balance goes to London for realisation. Meanwhile, it is claimed 'that the present position, viewed from the supply point of view, is a strong one for growers, and that the wool to be offered in the Sydney market is not sufficiently large to warrant any further depreciation in values."
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Otago Witness, Issue 2811, 29 January 1908, Page 21
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190WOOL SUPPLIES. Otago Witness, Issue 2811, 29 January 1908, Page 21
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