FRENCH WOOL INDUSTRY

Hauraki Plains Gazette, Volume XXXVII, Issue 4933, 1 February 1926, Page 4

FRENCH WOOL INDUSTRY

LARGE ARRIVALS REPORTED

The Roubaix-Tourcoing correspondent of the Wool Record states: — “Large arrivals of wool from Australia and South America will provide sufficient raw material to maintain activity in the combing establishments during the next few weeks. In washed and carbonised wools for the carding trade there is very little demand ; small transactions are recorded here and there in fine or very low wools at relatively high prices, but scoured medium wools are entirely neglected. Wastes continue to sell freely at firm prices as they are produced. Noils are in good demand, partly for the home trade and partly for export. Prices are very firm with a hardening tendency, the very rare nice merino Listers fetching prices approaching 50d per lb. Transactions in tops have rather slackened during the last fortnight, users having preferred to wait for the result of the London sales. Fine crossbreds, especially 56’s, have been neglected, and export demand has been mainly responsible for the business actually transacted. Manufacturers are busy with orders booked in July, and the spinning concerns, also, are well engaged at the moment.”