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PROSPECT FOR WOOL

LITTLE ACTIVITY IN BRITAIN. RAW WOOL POSITION STRONG. By Telegraph—Press Assn.—Copyright. Rec, 6.30 p.m. London, June 22. Describing the -wool position, the Economist’s Bradford correspondent says the past fortnight has npt witnessed any real activity in consuming centres, but the strength of the raw wool position is exercising a beneficial influence. It is' impossible to buy wool anywhere to-day to fit Bradford’s idea of prices, and although some topmakers are asking figures in' harmony with overseas costs, wool spinners are refusing to pay anything approaching this price. What the manufacturers and wholesale clothing firms would like is some summer weather to encourage buying. The new British, clip is being well marketed under Satisfactory conditions, although for several descriptions barely last year's prices are being paid.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TDN19350624.2.56

Bibliographic details

Taranaki Daily News, 24 June 1935, Page 5

Word Count
128

PROSPECT FOR WOOL Taranaki Daily News, 24 June 1935, Page 5

PROSPECT FOR WOOL Taranaki Daily News, 24 June 1935, Page 5