MILLS QUICKLY CONSUMING WOOL SURPLUS.
WELLINGTON", Sept. ; It was now believedftn y ul 1 in,foiyfie(l wool circles that the eflr ly^/ired ic't iqrTof 12 years, and since estnnlftccf xif oighfyears, for the absorptfio"ix''bf /tlie" world wool surplus, was highly^xcessi^'d, sa^U the. chairman of dire/tdl's ;qf /j\Vrigl(t, St*ei)li(i|ison and Co., •jLtdy, f.Afr. J. /F.Alaiftii^ at the annual^ ineeftpg of jilivcompaiiy today. A reeent cable froiii the National Association of Wool Manufacturers stated tlmt. textile mills had consiinied 312,000,001) Ibs. of scoured apparel wool 111 tlie first six montlis of 19-1(5, equalling two and one-third times the avorage ({uantity consumed in the corresponding jieriod for tlie years 193539. The world 's maniifactured stockhad never been at sucli a low state. It
, was lioped thc mills in Kuropean countiies wlrich 111 pre-war days iuiportod 3.V ; infjlioii'. biiles or just lialf the world "3. cxpoi'iii'ble surplus, would suon beyvorkiifg again at i'uil capaeity. j « 1 . . - !■ .
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Chronicle (Levin), 18 September 1946, Page 6
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151MILLS QUICKLY CONSUMING WOOL SURPLUS. Chronicle (Levin), 18 September 1946, Page 6
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