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WOOL MARKET

DECLINE IN PRICES. MEASURE OF CONSOLATION. CORRESPONDENT’S VIEWS. (United Press Association—By Electric Telegraph—Copyright.) (Australian Press Association.) Received September''23 10 a.m. LONDON, Sept. 22. - Discussing the decline in wool prices, the Economist’s correspondent writes: “Consolation may be found in the fact that lower prices will he conducive to increased consumption. “Values are how at a really cheap and attractive level, and a return of confidence is alone necessary. 1 “If the general public could participate in the benefits of cheap wool by being able to buy clothing at correspondingly reasonable prices, the /textile industry would scon .experience a very big improvement. “If a profitable outlet for wool cannot be found at current prices it is a poor look out for the Colonial wool trade.”

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MS19290923.2.67

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Standard, Volume XLIX, Issue 252, 23 September 1929, Page 7

Word count
Tapeke kupu
125

WOOL MARKET Manawatu Standard, Volume XLIX, Issue 252, 23 September 1929, Page 7

WOOL MARKET Manawatu Standard, Volume XLIX, Issue 252, 23 September 1929, Page 7

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