THE WOOL CLIP.

Dominion, Volume 5, Issue 1246, 30 September 1911, Page 22

THE WOOL CLIP.

wool by Eastern countries is increasing. Representatives of Japanese firms.are attending New Zealand sales, and Chinese buyers are now operating in Australia. The wool-using population of the world i 3 constantly increasing, and it would appear that prospects for this important product look good for some timo to come. Mr. Sharp is in a position io secure reliablo information, and his remarks regarding the prospects for tho coming season should bo welcomed by Marlborough farmers.

PROSPECTS FOR THE COMING • SEASON. Mr. J. Rollo Sharp, manager of Dalgety and Co.'s Blenheim branch, in his capacity of president of tho Chamber of Commerce, has prepared an interesting statement regarding the past year's wool clip, and tho prospect for tho coming season. After making reference to the quality of the Marlborough clip, and tho decline in prices which was experienced at tho earlier sales, Mr. Sliarp points out that tho absenco Df tlie keen demand of the previous year by American buyers of lightconditioned wools, was noticeable, and their purchases were Limited. There is

MARKET SQUARE, BLENHEIM. .

every prospect of tho 'removal, or substantial reduction of the American impost on wool at an early date. This, at present, is 5Jd- per lb. 011 greasy wool, and Marlborough will benefit considerably by its reduction or removal. It is estimated that the difference in prices between last ssason and the previous one amounted to about 7-1 per cent, decline. For the .coming season the prospects, are encouraging. A bad autumn was followed by a mild winter, and we are now experiencing a very early spring, with good growth, and stock are doing remarkably well. The clips should be good, and thoro is every reason to expect a satisfactory demand at good prices, as stocks of raw wool are everywhere normal, and. the trade enters upon the now season without being encumbered, and, generally; conditions are satisfactorily The demand for