WOOL SUPPLY

Evening Post, Volume CXXI, Issue 36, 12 February 1936, Page 14

WOOL SUPPLY

SEASON'S SHIPMENTS

SOURCES OF, PRODUCTION

,' (From "The Post's" Representative.) i j LONDON, January 11. ; According to the Imperial Economic I Committee's "Wool Intelligence Notes" ' for December, shipments of .wool : from Australia during the first five > months (July-November) of the current season aggregrated 324,000,00010, as compared with 255,000 0001b during . the corresponding period of 1934-Jp, and 396,000,0001b in 1933-34. Shipments to Japan show a particularly marked . increase. Receipts ?t selling centres • during the same period (673,000,0001b) ' were 8 000 0001b greater than last sea--1934. As a result of the increased 1 sales of wool during the first half of the 1935-36 season, it would seem that were also higher than in the last sea- . son and shipments from July to November were 15,000,0001b greater than in 1934-35. Shipments from the Union of South Africa during the same period aggregated 64,000,0001b. as compared with 45,000,0001b during the corresponding period last season. Shipments to France and the-United Kingdom each aggregated about 20,000,000 lb Unsold stocks at ports at the end of November were 27,000,0001b less * Shipments a from Argentina during the fi?st two months of the current season were 25 per cent, lower than in 1934-35, while shipments from Uruguay showed little change. Shipments from Argentina to the United States aggregated 6.7,000,0001b,. as cornroared with 1.3,000,0001b during the corresponding period of 1934-35. The bulk of the remainder was destined for the United Kingdom and France. The United States, Italy, and the United Kingdom were the chiei destinations for Uruguayan exports.

RETAINED IMPORTS. The aggregate retained imports of 'the ten principal consuming countries in the first ten months of 1935 were about 1,750,000,0001b, or about 250,000,0001b above iTJ period last season, but 150,0000001b less than in 1933. Imports of wool into the United Kingdom showed their usual seasonal increase in November; the total retentions for the first eleven months of the year were 60 000,0001b, S about 15 per cent, above those for 1934. French retentions in October were as usual rather higher than in September; the January-October aggregate was 18 per cent, above last fear. Imports retained in fell from 9,500,0001b in September to 5 000,0001b in November; retentions up.to the end of November showed a > decline of 9J per cent.; crossbreds suf- ' fering rather more than merinos. Imports into Japan in October rose to 13,000,0001b, following the usual sea■^.arwasasrus! double those of the same period last year; imports into the. Soviet Union in the same period showed an increase of about 33 per cent. Czechcslovakian and Polish imports are also hfgher than last year. Port arrivalsi in the United States up to December 7 were over 100 per cent, above those of a year ago. Italian arrivals are no longer published. INDUSTRIAL ACTIVITY. Activity continues satisfactory and consumption is well maintained in the United Kingdom, United States, Belgium, and France, less favourable retTorF having been received from Germany, Italy, and Czechoslovakia. Stocks of tops with comimssion combers in Germany, France and Belgium showed a further fall at the end of November, as compared-with the previous month. In general the firm tone of the primary markets is leading users to regard the. position with confidence. . tt«u«i Wool consumption in the United States in October reached a further high level and business already booked indicates a maintenance of activity for some months. There was a slight reaction on the French tops market in December, due in part to the approach of the holiday season, but business in general remained satisfactory: purchases of yarn on, export account improved, but export. busi"ness in tissues was unsatisfactory A ■ new decree in Germany institute^ quota regulations for the output of : German wool manufactures in a further endeavour to decrease Ger- ' many's dependence on foreign wool | supplies. Activity in the industry remains 'on considerably lower levels ' than last year. Imports of wool into /Japan continue higher than .'a 'year 'ago, and there is no appreciable • ac- <' cumulation of stocks. Statistics with regard to the Italian industry are no longer published, but trade reports indicate restricted : activity due •to shortage of supplies. Difficulties are still being .' experienced in Czechoslovakia owing to' export trade limitations, and little change is recorded in the position in Poland.