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Grey River Argus, 3 May 1932, Page 5

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WOOL OUTLOOK IN EUROPE. (Australian and N.Z. Cable Assn.) LONDON, May L Mr Devereux* reports; The revision of the British tariff on textiles yarns had a very disturbing effect on woo! circles, checking the new business In jibrkshire, but stimulated the new in Continental centres. Despite the representations made, the new . duties will remafti in force for twelve I months. Meanwhile, the industry in Great Britain can put forward facts and figures for the Tariff’ Advisory Committee to investigate. The Irish Fyse State and Belgium increased ; duties on woollen textiles, and Hol- • iwid is instituting the regulation of [ imports under license. Despite the ’ disturbance arising from these causes, Bracftord .is fairly cheerful, and a | ff rather more confident feeling is shown. In Germany the prices <»r | •*lops have not improved, but the* • volume of sales has increased. • a There is some increase in activity in France for Some account, and when the election interest subsides increased machinery activity may be seen. The Belgium trade is very quiet.