CROSSBRED WOOLS.

Ashburton Guardian, Volume 58, Issue 159, 18 April 1938, Page 3

CROSSBRED WOOLS.

IMPROVEMENT IN VALUES.

NO APPARENT ABUNDANCE. LONDON, March. 23. Yorkshire comment on the present, state of the wool market pays specia attention to the crossbred, section. “Not very long ago,” says a writer in the “Yorkshire Post,” “there was a distinct impression in the Biailloici market that crossbred wools were somewhat over-valued in relation to merinos. Although approximately the same price relationship is still m existence, that view is no longer commonly held. On the contrary, the prevailing opinion is that crossbreds geneially have probably been as cheap as they are likely to lie for the time being. Not only has there been seen a lecent upward tendency in New Zealand, but better prices for crossbred tops oi most descriptions have been made m the Bradford market. . , “It seems possible that Russian an Japanese attention to these wools may have something to do with the change of view, but there is more to it than that. South American sorts are w ell held for prices difficult to make in the top in Bradford, and, in New Zealand the seson is down to the last halt dozen f “Although there is no shortage ot crossbred wools, it is also true that there is no apparent abundance an , in view of the delicacy of the inteinational situation there are people who would like to see the supply of crossbred in England more generous than is believed to be the case at the moment.” ______