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WOOLLEN TRADE

OUTLOOK IMPROVING

INTERNATIONAL OPINION

SIGNS OP REVIVAL ,

United Press Association—By Electric Telegraph—Copyright. (Received 12th February, .1.30 p.m.) LONDON, 10th February. "The second half of 1931 will see a better trade in wool," said M. Maurice Dubrulle, president of the International Wool Textile Organisation, in an interview at Bradford. . "Stock's of finished articles are low,'and there is a sign that women will demand more wool goods to the detriment of artificial silk, shoddy, and cotton. "The prices of wool have come to a ridiculously low level, which does not pay the farmer. It is evident that if [this continues farmers are entitlod to cut,down their flocks. If this happens, the industry will be starved for its supplies of raw material. When trade revives I am convinced there is room for. a little-advance in prices. The International Wool Textile Organisation is opposed to any form of price fixation or suspension of sales."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19310211.2.56

Bibliographic details

Evening Post, Volume CXI, Issue 35, 11 February 1931, Page 9

Word Count
152

WOOLLEN TRADE Evening Post, Volume CXI, Issue 35, 11 February 1931, Page 9

WOOLLEN TRADE Evening Post, Volume CXI, Issue 35, 11 February 1931, Page 9

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