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."
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Bibliographic details
Evening Post, Volume CXI, Issue 35, 11 February 1931, Page 9
Word Count
152WOOLLEN TRADE Evening Post, Volume CXI, Issue 35, 11 February 1931, Page 9
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