SOUTH AFRICAN WOOL

Evening Post, Volume CXXIII, Issue 112, 13 May 1937, Page 12

SOUTH AFRICAN WOOL

GERMAN BARTER AND

BRADFORD

Certain Bradford wool importers are disappointed that, since the barter agreement between Germany and the Union Government of South Africa came into force they have been unable to buy the same quantity of Cape wool as previously. They had built up profitable connections, and their customers had learned to rely upon them to supply their needs. It is probably to the advantage of growers at the Cape to sell to Germany, but. in Bradford it is looked upon as an anomaly that Germany should restrict the importation of virgin wool and go in so much for the use of substitutes, and then make arrangements for buying wool at prices which, according to Bradford calculations, are very high. Wool buyers see advantages in unrestricted wool buying in every centre where it is offered. Even today the world basis is considered sound, but under such conditions as Bradford firms visualise, they would be sounder still, and, what is mere important, the demand could be tremendously increased.