Rise in Crossbred Wool.

Feilding Star, Volume XXI, Issue 127, 28 November 1899, Page 3

Rise in Crossbred Wool.

The' United Farmers' Co-operative Association have received a cable from their London agents stating that the market for erossbreds has advanced 7£ to 10 per cent, aud that there is likely to be a further rise owing to the change of fashions leading to an increased demand for this class of wool. As many of our readers are aware, the market for crossbred wool has been low for some time past, owing to the fashions having required a finer texture, and the consequence has been that merino wool raeched a price unknown wibbin the past seventeen and twenty years. Crossbreds have therefore been practically neglected, no demand for this class having been experienced. The recent rise in the market foi crossbred wool, however, bears signs of permanency, more especially in view of the information that a change of fashion is responsible for the improvement that has taken place in prices. From present appearances crossbred wool will again become the fashion, and prices should before long reach the normal condition they occupied before the fall of the markets took place. The information supplied in the foregoing may be accepted as correct, having been received from a very reliable quarter. The change that has taken place in the market for crossbred wool will benefit; the colony generally, and particularly this district. -Manawatu Times. _____