THE WOOL TRADE.

Pahiatua Star and Eketahuna Advertiser, Volume 1, Issue 21, 20 August 1886, Page 3

THE WOOL TRADE.

W» h»Tp r*«»»d from M. Emile do llurvon, the wl known wool broker of

Antwerp, hi« re>rt o« the ivool trade in ftVit market, dad the 4th June. M. de liar STB iaak«acme very inlereatiiig I oh.ervatiea* eithe riee ia the price of « >ol, which he v* ia quite unprecedented within the preat Generation. In three we- kn train thr*<th ef May. priccn had

risen oh an a\*g<- fully twenty percent., ! I the iipwantendency was still nndi- i vnnished. M.l. Harven writes most ! lon fully of Disrespects. He attributes j rise to aenera! improvement in! trade, hut mosartirulurly to a thorough J ( hinge in the hits of tin people n.« to I clothing. TheieeptMnally low price of |

w 00l for some irs past, he says, led to a vast increase bonamnption. That is to say, multitudef people took to wearing woollen who 3 never worn it before, ] and woollen itures of various kinds

. win) into rouon vogue which hud previously beeised only by the wealthy . r fasti.lion*. Eventually the stocks of ! ran ahorti.t the consumption did « crease all. As M. do Harven ■—" Wloever has been used to w. i.iw sring il never again d > with- • ” lie estates that the number of t s ..miners of vl increases by five millio is annualhand that this increase sill be pernent, notwithstanding the rise in t price of raw material. II ence ho cmently predicts a steadv I and rapid imptment in the wool trade, though there lilt bo some sli”ht tlueT’ialions at first- • lcam from this vahmolo report that ab 136 millions of pounds : ' Australtaaid New Zealand wool, worth about 1,000,000. ar« annually J bought in I.on for Bolfi irn, Holland, i the Rhine Pncu, Alsaco, Lorraine, Switzerland. 1 tho north of France; nnd that while requirements of those countries arenstantly increasing, the production ebol on the Continent is diminishing, ns it will be seen that f- n all poinf view, the outlook of the wool trade ery promising for the colonial grow—WaUiugton l'ress.