THE WOOL DEADLOCK.
NO SETTLEMENT YET. OTHER SALES HELD UT. By Telegraph—l’leaa Association Wellington. Last Night. Unless satisfactory arrangements an made between the wool buyers and Mu banks respecting payment for purchases nt is probable that the Napier and Wanganui sales will be abandoned Buyers were expected to go to Napiex to-day, but have remained in Christchurch. The >brokers say the smallei ports present the greatest difficulty or account of the lapse of time between the sales and shipment. While the wool is stored interest is demanded and by the banks. This the buyers decline to meet. The large centres are not greatly affected, early shipment being available. The Auctioneers’ Act provides prompt payment in fourteen days to producers, and the same terms are placed on buyers. The. Government communicated with Bradford on the question on Monday and no satisfactory reply has been received.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19211125.2.53
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 25 November 1921, Page 5
Word count
Tapeke kupu
144THE WOOL DEADLOCK. Taranaki Daily News, 25 November 1921, Page 5
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.
Log in