WORSTED TYPES OF WOOL.

Poverty Bay Herald, Volume L, Issue 16425, 8 May 1924, Page 8

WORSTED TYPES OF WOOL.

AMERICA RE-OFFERING,

(Special Correspondent.)

BRADFORD, March 14.—The American market lor worsted types id' raw material seems to have fallen very slack these last few weeks, and most Bradford exporters who have specialised on these, wools art! complaining of having a very idle time. During the past week or two several Boston linns have been re-offering different hinds erf wools and malchings m this market, though always at prices thai seem very excessive, tor example, superior free Wesl Australian warp 64's in the hale have been offered at a, price which works out at. well over 67d clean Liverpool, and good style 56's Monte Video lleeces have been offered at about 50d clean. New Zealand greasy medium erossbreds have been re-offered here in the original bale and also superior scoured Sydney 70's combing at 68d clcvm. English scoured Down 56's have been re-offered also at about 44d.

One or two American representatives on this side, have been instructed by cable lo buy nothing at all, so that eoulidencei in worsted types of material does not appear to be too 'strong in Boston. Demand for short wools for the woollen trade is a. good deal steadier and sHpes, sconreds, greasies and various classes of wastes have been going over in considerable quantities. One very queer feature of the market is the fact that noils in many eases arei making as much as clean scoured wool of the same, quality. Thirty-sixes prepared noils have been sold at 21d, 44's have been soidat 24d, and 48's at>'2B|d. Good clothing wools every bit as clean as noils and of longer staple, superior from a manufacturer's point of view in every way, can actually he bought at less money than noils, both in slipes and sconreds, the reason being that, they have to pay a duty of 31 cents on entering America, whereas noils only pay 19 cents. All the. same, it looks as if American buying has forced, noils as high; as they are likely fo go. The demand has been chiefly on medium and low qualities, practically nothing being wanted above 50's.