WORLD YIELD OF WOOL SMALLEST FOR YEARS
f (10 a.m.)- LONDON. Aug. 18. I; At 3,720,000,0001 b. weight world wool I production during 1947-48 was the I smallest for many years. | In reporting this today, the ComI monwealth Economic Committee, comI prising officials. High Commissioners I and trades commissioners of the DoI: minions, states that a slight recovery !! is expected in the figures for 1948-49. fS The committee stated that the de-
1 mand from the importing countries was I largely for Merino and fine crossbred I wool despite the relative cheapness of p medium and coarse crossbred. The gap between production and cpnsumption was met from Dominion : stocks accumulated during the war. : The total exports from the five chief countries was 2.210,000,0001 b. weight against 1,607,000,0001 b in 1937-38. Britain was the main market in the year reviewed.
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Gisborne Herald, Volume LXXVI, Issue 23028, 19 August 1949, Page 5
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139WORLD YIELD OF WOOL SMALLEST FOR YEARS Gisborne Herald, Volume LXXVI, Issue 23028, 19 August 1949, Page 5
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