WOOL FOR JAPAN
AUSTRALIA LIKELY TO SUPPLY 78 PER CENT. ARMY PREFERS NEW ZEALAND ARTICLE. Press Association Electric Telegraph—Copyright (Recd This Day, 11 a.m.) TOKIO, April 5. A leading wool merchant informed the Australian Associated Press that he expects Australia to supply 78 per cent, of 450,000 bales of wool Japan is likely to buy in 1938. The army prefers New Zealand wool, of which it is likely to take 70,000 bales, South Africa and South America supplying the remainder. .
Mr. Sinjo Yoshino, Minister of Commerce, announced the creation of a commodity price commission for the purpose of checking an undue rise in prices by “readjusting the relations of supply and demand and fixing a price maxima.”
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Wairarapa Times-Age, 6 April 1938, Page 7
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117WOOL FOR JAPAN Wairarapa Times-Age, 6 April 1938, Page 7
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