WOOL VALUATIONS

Evening Star, Issue 17316, 1 April 1920, Page 4

WOOL VALUATIONS

THE 1919-20 CMP. COMPARATIVELY SHORT. IN STAPLE AND LOW IN CONDITION. The Government valuations of the Ka Zealand clip for 1919-20 are now alm<3 finished, the only wools of any importance to be yet appraised being those of the freezing companies and a few odds and ends from back-country places. Wo are informed on authority that the clip is much shorter in staple and lower in condition than the 1918-19 dip. Loss wool has been yielded per sheep. It is estimated that the present dip will be fully 10 per cent, less than that of the previous season. From what w© hear, th& North Island wools bear the bigger pro* portion of this shortage; in other wolds, Otago wool is not amongst the worst. Wise men do not dogmatically j ophesv as to how prices will go in the future, but indications point to the finer wools bringing exceptionally high prices during the n< ? xt , few -y ea -rs, whilst it is doubtful whether the lower qualities will maintain their present values. Herein is a mystery to tile common man. He figures out that as the price of the smt advances the people at large will ■bo glad, to purchase suits made of ' the inferior wools, and that a demand for such wools is likely to keep them up in price. Such, however, is not the teaching 1W 9 expenenoe The demand is for the best dass of goods, in the Old Country and m the colonies as well; the manufacturer caters for that demand and is too busy making money out of the good stuff So f? , both « r aboufc second-class of-Lrf * la *- W0 h W e the queer paradox for, wanting suits and being unable to purchase them, and men who are creatl2L a f dema " d by which material is