THE OUTLOOK FOR WOOL.
IMPROVEMENT THIS YEAR. COARSE GRADES T$ REVIVE. A and N.Z. LONDON. Dec. 30. Messivs. Balrae and Company, in their annual review of the wool trade, that it is probable that during 1922 the consumption of wool in Britain will expand. Already there are some evidences of improving trade, which should lead to a distinct revival in exports of woollen goods. The outlook is by no means unfavourable, provided the political situation on the Continent improves and foreign exchanges become more stable. The preseilt fashicn favours finer classes of wool, but it would appear improbable that the present wide disparity between prices of fine and coarso wools can continue for any lengthened period, and a distinct increase in the demand for the latter seems likely in the near future.
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New Zealand Herald, Volume LIX, Issue 17979, 3 January 1922, Page 5
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132THE OUTLOOK FOR WOOL. New Zealand Herald, Volume LIX, Issue 17979, 3 January 1922, Page 5
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