COMMERCIAL

Grey River Argus, 21 March 1940, Page 11

COMMERCIAL

LONDON, March IS. In the House of Commons the Government was requested to give a leacj, Lo retailers of clothing materials because the whole emphasis in women s ■fashions is being placed on wool, the retailers organising a wool week. The Minister for Supply (Mr E. L. Burgin) said the restriction of home demand was constantly under consideration but different issues were raised for different trades. He did not .doubt that the manufacturers and retailers of woollen clothing were aware of the position of supplies and adjusting their programmes accordingly. Miss Ellen Wilkinson suggested that it was impossible to curtail luxury expenditure drastically unless the Government fave a clear lead. Mr Burgin said: “My responsibility is raw wool, not the use of it after it has left the controller’s hands. About half the requirements of the home trade are met. I should have thought that this was a drastic cut in luxury expenditure. If a further cut is necessary I will unhesitatingly cut.” TIMARU, March 19. The proceeds of the third wool appraisement in South Canterbury this season amounted to £176,513 16s 6d from 10,332 bales. The average price was £l7 12s. The total for the three appraisements was £697,877 6s lid for 41,196 bales, against £538,394 for 45,363 bales last season. LONDON, March 18. Bradford reports a moderate amount of new business in tops and yarns, but it is particularly difficult to get fifty-eights or sixties. Fine warp tops are plentiful and quotations generally firm.