PROFITS ON WOOL.
STATEMENT IN THE HOUSE. By Telegraph.—Press Association. Wellington, Last Night. It was stated in the House to-day the Dominion’s share of the first profits arising from the> re-sale of the first two wool clips (1916-17 and 1917-18) sold to the Imperial Government has already been distributed to the growers, and it would not be possible to ascertain what profits, if any, are* available from the re-sale of the last two wool clips (1918-19 and 191920), which were the subject of a separate contract until the wool had been disposed of. At present there are over 600,000 bales still unsold, and the present market position is such that it is unlikely that the final liquidation of these two clips will leave any profit for the New Zealand woolgrowers.
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Taranaki Daily News, 10 November 1921, Page 5
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130PROFITS ON WOOL. Taranaki Daily News, 10 November 1921, Page 5
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