HEAVY WOOL IMPORTS.

Auckland Star, Volume LXIX, Issue 283, 30 November 1938, Page 8

HEAVY WOOL IMPORTS.

MANUFACTURERS CONCERNED. (By Telegraph.—Special to " Star.") DUNEDTN, Tuesday. At the annual meeting of the Mosgicl Woollen tympany, the chairman of directors, Mr. J. S. Hislop, inter alia, said: "The sixty-fifth year of the company's operations has been a most difficult one. We are still faced with increasing costs, and heavy importations both from Britain and Australia make selling of our goods' more difficult. That our sales are as large as they are is due to the very energetic and loyal work of our staff. "We ire still hopeful that very soon something will be done by the Government to help secondary industries in their difficulties. As an example of what New- Zealand woollen mills have to contend with, for the months January to August. 1937. there were 4.626.000 square yards of j woollen and worsted piece goods imported into New Zealand, as against 1.319,000 square yards imported into the whole of Australia." ANTWERP FUTURES. (Received 11 a.m.) ANTWERP, November 29. The Antwerp market for wool futures is steady. Quotations for 64's dry combed tops are as follow, compared with previous rates:- 1 - Nov. Nov. Nov. Nov »• 15. 22. 29.' Per lb. Per lb. Per lb. Per lb. d. d. d. d. December .. . 231 23J 2°l *>3 }{' ,rch H'H " 3 * -33 232 Ma J" 23? 23J 23| 23|