ENGLISH WOOL TRADE.

Dominion, Volume 3, Issue 921, 14 September 1910, Page 8

ENGLISH WOOL TRADE.

'AWAITING THE TURN OP THE ' TIDE. • ;.! "Tho past month (July) has been n soniewhat critical timo to tho wholo : ' .. trade,..aftectins,; as it does,-: l»th, Home "(A,..v5.;. : .: and colonial wools (says a. writer, in the . 'Farmer; and Stoctbreeder,' London,:;- of., Angnst, 1). Wo seem to havo come to I■'the1■'the . parting' of tho. ways, and : although' many country fairs' havo been held, and ... fleeces - have sold .in. a most; commendable; : . . 'way, still thoro has not'been that rc- .}■■ sponse in consuming centres which one conld have desired. Be it Said .to . tho credit -of buyers, -they, have; shown ;con'■•'v'' V.^ : . ~ and the. bulk ot'thei.-Englisli new clip ; has; now been shifted 'from, the grower .into• 'tho hands of tho country dealer" and' . Bradford merchant. So far so good, it. is ' . now resting with tho latter to hold tho "vx'V ; -dog. I am eertain that buyers are worth y X.. J (fortune smiling iupon. them; but so'me- ■. iow lam not,so very sanguine as. some, that ;the future; is .going;,to be' product! ve' y.,of much good. In-the interests of the S lis hope: that .business in ' crossbreds will .soon, revive, and that; a ? : profit will' bo made ;on ' tho wool ■ -ppu r chased. ;• :. ' .."Perhaps.; the greatest, event-:of • all' . . during July; has -been': the, holding; of 'the • . fourth series of colonial'sales.'-. I'lio final ' : results are bettor- than tlie most sanguino expected, thanks to-crossbred wool • soll- : ing freely to: the Homo trade in: particu-. ,lar. Altogether something-, .liko 90,000 $:>?•. bales of colonial crossbreds.were available ;. •! .; -rfiO.OOO have been sold, 'dnd,'the : .qiiantity.;- - ' (including the .withdrawn wools) carried •- Sorwanl .is about .32,000 bales. This sees Siwi'v s iio end, of the ;last i Nbiv, Zealand .'" clip, ■ p':V-v^v.-®nd''it will bo next January before "new . wools come to hand. The outstand- ; "- ing feature of all, is . undoubtedly, tho '.way. crossbred wool has sold; : and' this is.the'i'ono encouraging featuro of the whole series. '/' ' It was generally-felt; that' a decline' of ''-(id. per.,'lb./ coarse' and; - - 'medium qualities,- but. this has not . materialised. 'Good combing' crossbred . • grease lias sold very well, and . tho series : ' • linishod{with.values.slightly 'firmer than .■;. ;,.; . afc' the' °'!>enLrig., ' : ;'. .v, ss,' - ; ''The. 1 j fallowing.: slows;.tie changes (seen ••at tho recent series of London sales comK ! greasy, ci-ossbred, fine,- fully' par; greasy crossbred, medium, unchanged; .greasy • •' '. - crossbred,'' coarse, . unchanged; greasy .crossbred ' coarse shabby, • par; . to ' '}d.s;t cheaper;; sliped; crossbred, fine, par to id. ; -... cheaper; slipod crossbred, medium, {d. ; . io la..- cheaper;-'slii>edf;coarso,'.ld-'.'to Id.-; '<'• : te V; iiheapor; scoured crossbred,. medium '• and ■coarse, Id. to 2d. cheaper. .; "Good halfbred lambs.,were practically .. . mo cheapor, thanks to a good demand on .' " . r the - part of.. Scotch '.Cheviot manufactur- . s .-ers. as. well as hosiery , spinners ,-;-but : tho Jx'ii i other sorts, while, selling well, hive : en- ' 'countered the . fall. . before mentioned. Thisvall: more, or- less ( affect',.'h6me-piilled'; fellmprigera' ; are Hardly:. likely V'. . . Sto 'benefit by,'the fall. . This point is fe:::. ;|worth^nbtin^-- namely, :^,; that the.' Very, ;•. ehort-clothing slipas 6Uitablb io'r;the,blan-. :aiid.khaM.;trades;#dnly,rdeclihedjab6u.t- ---\ ,;j.':;y;,tjd. ; l 'mnst : ;say; tbatihere'.wiUv be: this •• : jyear-largo -quantities ;■ of - slipes from New [Zealand,, the better prices ruling for ®S ffrozen mutton ' inducing shcepowners. to. faking vtlievseriiS; ... throughout' they have' been good,' and ? ' iiave r benefitted the : whole trade. • . Als; : tnongh- in. Bradford there has been a ! ipartial and prices for crossK;%red..tops are a good farthing 'better, V, there V-is; even; yet' foom>for:" further, i^yimproyemeht."