WOOL SUPPLIES.

Dominion, Volume 1, Issue 104, 25 January 1908, Page 3

WOOL SUPPLIES.

A SHORTAGE ESTIMATED. /. amended-estima'tb' of Messrs.' Diilgejy i and',Co. puts the probable supplies of wool from; the Australasian' States';as;follow,-'.'as :agaiiist" an .increase previously. estimated:— ' 1907-iS. 1908-7. .'.'■' . r .Estimated. , , Actual. ■. '. ' ' ■ ''/'"'.."Bales!" ' '-' Bales. •Now South Wales ... SSO,SQO ... !)36,500 ; Victoria:- . ■•... >•".;."/268,500'268',500 -Queensland" ... ... ,221.1)00 . 20-1,000 South Australia ... .172,500 ...'-.'138,600 Western Australia ... '14,000 -... 42,000 : Tasmania" ' IWIoOO 33,000. 'New:- Zealand ... . 427;000,'...' .427,000 - • Totals •'... , 2)090,000. '. Decrease,' 40,000.' , . '-After dealing with the'prospects of-prices for tho , immediate 'future, and': admitting tliat' tho statistical position ' has little influenco'dntlic position, tho " Sydney 'Morning Herald' 1 ' takes ■an optimistic .view, and says The point at tho present moment is that tho bulk of the clip has been sold'.in,"a' short length" of "' time " in. the Australian markets, and, with'tho exception of ( nioderato ''stocks;' .the). balance' goes, to - London , for realisation! Meanwhile, it is claimed that, the.present position; viewed from; tho supply point of view,, is' a strong one. for growers, and-that; tho wool' to ,bo offered in 'tho Sydney market-is: not .sufficiently large to warrant any further depreciation in values."