OPTIMISM SHOWN
American Wool Traders
NEW YORK, December 17.
.Mr. Arthur Bosse, chairman of the National Association of Wool Manufacturers, and Mr. McLyde Moore, president of the Boston Wo.ol TradeAssociation, issued a joint statement that the wool announcement was most welcome to the trade and that it is generally considered that it will have a highly constructive influence. “Our analysis,” said the statement, “is that the industry can now proceed confidently. The allotment of some 12,000,000 pounds of clean, scoured wool is a small quantity to supply considering the magnitude of the United States industry, but it will help till the new domestic wool markets are available in May, June and July, and this wool should be realized some time before the Australian wool is available. “The mills were informed that there is no possibility of the British authorities offering- lower prices.”
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Dominion, Volume 33, Issue 73, 19 December 1939, Page 10
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142OPTIMISM SHOWN Dominion, Volume 33, Issue 73, 19 December 1939, Page 10
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