MARKETING OF WOOL

Press, Volume LXXXII, Issue 24868, 7 May 1946, Page 5

MARKETING OF WOOL

STOCKS AND PRICES LEVEL BRITISH INDUSTRY’S POSITION (Rec. IL3O p.m.) LONDON, May 6. The Bradford correspondent of the Yorkshire Post” reports that the textile industry awaits the official announcement establishing the Joint Organisation for Marketing Dominion He points out that production ch P laani ng require that something «nould be known as soon as possible “out prices after June 30. , correspondent says it is highly th lra tbat the industry should have me vital information concerning the jature of the stocks for disposal, and tL;*? 881 V. some of the broad price An - wtuch it is proposed to maintain, impression has gained currency aat the most desirable types of wool inn, 110 ; Particularly well represented disposal bales awaiting industry, before it is expected to , jest capital in wool under open maranfh??!^ ons ' should be informed nrnnA l " l .- 3 Ive!y about the approximate °f toe different qualities. iniu+- rit . Commonwealth's anti-' with on . Policy would be inconsistent fntnr o ex l ravagant ideas about the ™re o f wool values, and as the have encouraged comthov lal lm Po r tation at current values bpw i are , Scarc ely likely to introduce Durrh Vels which would make recent Purchases wrongly valued.