PROSPECTS FOR WOOL

Taranaki Daily News, 1 December 1934, Page 9

PROSPECTS FOR WOOL

IMPROVED CONSUMPTION STATISTICAL POSITION GOOD. TEXTILE ACTIVITY INCREASES. ■ PRICE ADVANCE POSSIBLE. By Telegraph—Press Assn—Copyright. London, Nov. 28. The Imperial Economic Committee’s wool intelligence office says that activity in the' Wool and textile industry in Great Britain and France in recent weeks has perceptibly increased and prospects of increased wool consumption from the abnormally low level of September and October are reported from the United States. The stocks statistics of consuming countries indicate a low level which Should lead to heavier purchases, particularly in view of the increased seasonal demand for wool products. Taken in conjunction with the current level of prices, these factors, the satisfactory absorption of offerings at present, auctions and ffie firmness of dealings at a slightly lower basis of values may well lead to a somewhat improved level before the end of the series, At the wool sales to-day 7665 bales were Offered, including 1761 from New Zealand, and 6714 bales of Australian and New Zealand were sold. The offering included a good selection of greasy merinos and crossbreds, and there was keen home and Continental full recent rates being maintained. New Zealand prices: Greasy crossbred, Arakihi, .top O’Ad, average 8d; scoured quarter-bred, D—N, 21d.

DEPARTURE OF LADY BLEDISLOE. . . t PRESENTATION OF AN ADDRESS. By Telegraph—Press Association. Wellington, Nova 30. The presentation of an illuminated address Was made to Lady Bledisloe at the town ■ hall this aftemOon from i thirty associations of women, both affiliated and unaffiliated to the National Council of Women. " . The Mayoress of Wellington, Mrs. T. C. A. Hislop, presided, and in the course of her address said that during the years of Her Excellency’s residence in the Dominion she had by her influence and personal actions helped forward all those various activities designed to assist the women of Wellington. In every phase of women’s lives and activities had her beneficent influence been felt, and she assured Her Excellency of their warm and lasting personal affection. Mrs. T. H. Sprott on behalf of the unaffiliated societies also expressed sincere regret at Her Excellency’s impending departure, and the presentation of an address was made by Mrs. Chatfield. “It is with great regret we realise Your Excellency’s time in New Zealand is drawing to a close,” the address stated. “We desire to thank you for your kind and vivid interest in all that concerns the women and children of this country. We Wish to express our affectionate respect for you and to thank you for the many occasions when you have helped our various organisations by your presence and by giving sympathetic and ■ helpful advice. Your works will live after you here, and your memory will always be very precious to us. We wish Your Excellency the best of health and happiness in future.” The address was in book form, beautifully illuminated on parchment, the decorative bordering being a Maori design and the flowers of clematis and pink manuka. The outside of the book Was inlaid with New Zealand' woods. > Her Excellency in reply expressed appreciation of the gift, and stated that the womenfolk of New Zealand had been to her an inspiration, - especially during the period of depression, which was now happily passing and which had called forth in marked degree that spirit of courage, patience, self-reliance and resourcefulness for which their sex in the Dominion had a well-deserved reputation throughout the Empire. “Do not lose that spirit,” she said, “even when better times come, and it is less necessary to display it, for it is a great national asset. As women we each and all, whatever our station in life, have a high and responsible duty to perform.”