THE WOOL MARKET.
GOVERNMENT 'DEAL WITH SOUTH AFRICA. . ARRANGEMENTS FOR SALE. By Telegraph.—Press Assn.—Copyright. London, Jan. 24. The Morning Post states, on high authority, that the British Government is paying £l5 per bale for 100,000 bales of South African wool, which is equal to the market value of the 1913-14 clip. The Union Government agreed to purchase in Britain railway, telephone and other materials to a value equal to the purchase price of wool. The Union Government’s representatives recently visited Germany, endeavoring to obtain a bid, but the negotiations broke down on financial grounds. The Morning . Post understands that the wool will be handed to the BritishAustralasian Realisation Association for sale on agency terms.
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Taranaki Daily News, 26 January 1921, Page 8
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114THE WOOL MARKET. Taranaki Daily News, 26 January 1921, Page 8
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