THE WOOL OUTLOOK.
■• . LONDON, Ist January. Discussing the wool outlook, the Schwartze Buchanan Company write: "Values of raw material to-day are more in accordance with the value of the finished article than they have been for a considerable time, so that with nu^A Present basis there should'be no likelihood of any serious decline, and, though possibly prices may be .affected in the early part of the year by uncertainty of the franc position, there will be recovery, later in the year. The fashion still tends towards fine goods, and even the present vogue for stockingette costumes, made of merino or fine crossbred wool, seems to have displaced the former vogue for coarse knitted goods. Thus the outlook for medium and coarse'crossbreds is not clear They look distinctly cheap. Certainly they 1 cannot be very remunerative to the grower.' Still, there is no siga of any improved demand for these styles, though by their very cheapness they may attract increased attention and create new outlets." ■.-.-.
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Evening Post, Volume CXIII, Issue 1, 3 January 1927, Page 11
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164THE WOOL OUTLOOK. Evening Post, Volume CXIII, Issue 1, 3 January 1927, Page 11
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