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Newspaper
Longreach Leader
Location
Longreach, Queensland, Australia
Date
Jul 18, 1952
Page
14
Bradford notes the clearance of Dominion market clips despite a world trade slump. He credits higher global demand for wool at lower prices this season. Dominion carryovers are likely small with charitable South American surplus. British stockpiles remain limited as a strategic reserve.
The Wonderful Wool Livelling exhibition organised by the Swedish section of the International Wool Secretariat travels across the Arctic to Kiruna drawing visitors from Lapland. Kiruna, Gren city of about 11 000 inhabitants, is among the northernmost cities and farthest plobe wool promotion has reached.
Geoffrey Crowther editor of The Economist spoke at the International Wool Conference in London noting wool as vital to Britain's prosperity akin to gold for metals. He warned against assuming endless booms and urged focus on saving and demand rather than supply alone, citing 14 years of consumption beyond production and volatile wool prices driven by irrational demand.
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