CROSSBRED WOOL.

Sun (Christchurch), Volume II, Issue 528, 19 October 1915, Page 11

CROSSBRED WOOL.

AN EMBARGO REMOVED. EXPORT TO AMERICA ALLOWED. The Prime Minister has advised Mr H. S. Bourn, president o; the New Zealand Woolbrokers' Association, thfct the Government has decided to remove the embargo on the export...jol- crossbred .. ;w?ol to ;.; ' \>. :; - ; .■ vr The r effect of this will be that the American buyers will be present at the forthcoming wool sales, the first of which takes place in Canterbury on November 11. Competition will be stimulated to the advantage of Uhe growers. At the present timere- ' presentatives of the American woollen manufacturers are on their way to Australia, but the removal of the embargo will bring them back to New Zealand for the local sales. LONDON WOOL SALES. Messrs Gilbert Anderson and Go. have written to the Australian Woolbuyers' Association as follows: To the Secretary, the Wool Buyers' Association. Dear Sir, —We beg to bring before you the advisability of fully considering the manner of offering wool in the London wool sales for next year in time to advise the growers and shippers prior to shearing. The present war conditions have brought out and emphasised many weaknesses and disadvantages of the London wool sales which have been known in the past, and pointed out from time to time by the colonies. ; The question of the shortage of labour demands some charge if wool shipped for a particular series is to be made available, the work in the warehouses economised, and delivery of woo! given with promptitude to the buyer. '.. If more frequent and regular sales were assured, growers and shippers could act with more confidence ; in the disposal of their wool, with the 'knowledge that the sale of their wool would not be delayed without their consent, and the price realised would be known within a reasonable time after shipment,; all \of which is of vital importance to the colony. Further, the financial position could be better arranged and provided for, both iu Bradford and London. ' '.''?''

It has been pointed out that Bradford buyers can buy wool in the colony, ship it, have it delivered; to Bradford and manufactured before the neighbouring clip shipped to London is offered for sale.

We need scarcely point out that all these circumstances militate against the selling of wool in London. The present conditions warrant a change that will assure the mpre prompt sale, of wool likely to cdme to London, and at the same tim'p enable the merchant to deal more promptly wilh consignments or .regulate the sale with some degree of confidence. ,

We venture to suggest'that if eight sales were fixed at the following dates, satisfaction would be giyjen to all concerned: —January 11, February 22, April 4, May 23; July 14, September 5, October 17, November 28.—Your faithfully, GILBERT ANDERSON & CO. Terminus Chambers, 6 Holborn Viaduct, ■ London, E.C., June 11, 1915.