THE FUTURE OF WOOL.
ECONOMY IN CIVILIAN TRADE
(From Our Own Correspondent.) ' >; BRADFORD, May 10. At the last meeting of the Central Wool Advisory Committee various suggestions , were brought forward, and though no definitely official announcements have followed hearing directly on wool, there is evidence that supplies of raw material are being brought more' and more within the official grip. Possibilities for private trade are being gradually cub off. ' With reference ho the Army Council order of April 27 prohibiting the invoicing or delivery of crossbred tops, and by which possession was taken of all crossbred tops existent at that date, it was proposed that this order should continue in force. This means that there will be no relaxation in favour of the ordinary crossbred trade. Besides all crossbred wools except those sold to spinners and manufacturers are to be taken over by the Department, and no further sales of crossbred wool or tops are to be permitted except under licence. From this it will be seen tliat trade in crossbred wool and tops apart from those suitable for Government purposes is practically at an end. The position is practically no, better in merinos, for this class of raw material not already disposed of to spinners and manufacturers is to be taken over. No further sales of merino wool or tops will he permitted except ■ under licence. Very strong representations were made with a view to enforcing. economy in the civilian trade. It is evidently determined to keep 'prices for manufactured fabrics from advancing to a much higher’ level, and one reason why the authorities seem so strongly disposed to restrain catering for home trade civilian requirements is the knowledge that the stock of manufactured fabrics in the country is quite sufficient to satisfy all reasonable needs for-at least twelve months.
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Bibliographic details
Gisborne Times, Volume XLVIII, Issue 4601, 3 July 1917, Page 3
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301THE FUTURE OF WOOL. Gisborne Times, Volume XLVIII, Issue 4601, 3 July 1917, Page 3
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