THE CLOTHING TRADE

Evening Post, Volume CXXIX, Issue 96, 23 April 1940, Page 12

THE CLOTHING TRADE

DEMAND FOR RAW WOOL

For some years in Great Britain the great retail multiple clothing establishments, have been the rimost import-, ant distributors of apparel. At times they have been accused of "bearing" the market for fabrics and, therefore, indirectly the wool market, because o£ : their efforts to;;Vbuy goods cheaply. That is rigcessary t6 enable them to sell apriarel at the fixed prices which are the basis of their business.

That the multiple stores will be useful in controlling prices for clothing in Great Britain during the war is the opinion of Winchcombe, Carson, and Co., woolbrokers, Sydney. The prices of wool and tops are controlled, but selling figures, for yarns and fabrics are being allowed to establish their own level. It is, considered that the competition of the multiple stores will keep figures for clothing down. To date they have adhered to their fixed price selling policy.; 'Economies are being affected and it is probable that manufacturers will reduce the number of designs in fabrics to keep costs down.