At. Fordell on Monday, Mr. W. J. Poison said the pre-war consumption of wool was about five million bales, and about that amount was produced. It 'Was likely that the present consumption was less, and next season there would be the clips from America, South Africa, Australia, and New Zealand. It was probable the absorbing capacity of the market would only be four million bales. If they stepped into the position of the Imperial Government three million bales of Australian wool would be held, and the position at the end of twelve months would be further accentuated. The Argentine people were adopting an opposite scheme and were giving credit to buyers to enable them to buy. He had been making enquiries in New Zealand and /the lowest cost of getting wool to England would be between 4''/,d and oi<l per lb. There was a possibility of New Zealand growers getting a much lower price unless fresh markets were found. If wool were stored the only advances would be,on« a' London parity. He considered /New Zealand should hold wool sales and invite Jap- ! anese and American > buyers to come. I On the other hand, it" might be possible to arrange with 1/he Imperial (Government to find reputable buyers on the Continent and arrange' terms. - H anything was to b? done 'they would have to urge the Government to do it. The position was a. very serious one. Many farmers already had advances on their clips, and if the wool did not realise satisfactory prices somebody would have to ''carry the ha by." j Three helps for successful calf-rear-'ing: First, regular feeding times; second, every meal at the same temperature; and third, "Tui"' Oalfmeal, rich ip flesh and bono forming foods, ground (is fine as flour and therefore mixes i right through the drink. No waste, the calves get every drop of nourishment, j Obtainable frem all stores and men hunts,
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19200902.2.17.4
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 2 September 1920, Page 3
Word count
Tapeke kupu
319Page 3 Advertisements Column 4 Taranaki Daily News, 2 September 1920, Page 3
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.