WOOL POSITION

Waikato Times, Volume 125, Issue 20953, 4 November 1939, Page 10

WOOL POSITION

MEAGRE INFORMATION QUANTITY IN STORES DOUBT ABOUT PRICES Although the Government has already made an announcement in regard to the price wool-growers will receive under the war commandeer, Waikato growers are still awaiting more definite advice as to differential* prices. Under the commandeer during the last war, growers received 3d a lb. more for fine wool than for coarse wool, but during recent years coarse wool has often brought equal to or more than fine wool. One Waikato wool authority pointed out today that it had been previously announced that the price would be 12£d, but now it had been intimated that this was an f.o.b. price. However, Waikato growers should send their wool forward as usual to their customary brokers, carrying out their usual procedure as to the “get-up” of their wool. Fair quantities of wool have been coming forward to the stores, but many growers have been doubtful as to whether they should hold the wool in the meantime.