THE WOOL TRADE.

Taihape Daily Times, Volume XI, Issue 3383, 12 January 1920, Page 3

THE WOOL TRADE.

I The current number of the Bulletin} |of the Imperial Institute, London, l (published by John Murray), contains a.‘eonlprehensive articlc on the Empire’s trade in wool in its relation to‘ the wool trade of the world. The total amount of wool produced is estimated‘ at about 3.000.000 pounds, of which; almost two-thirdxs is eontl'ibute.ld by British countries, Australia ralone pro-B dneing nearly one—'fifth. Of the e£(i0,000,000lb of imported wool used in l 1 this country» before the war more than three-qua,rtel's came from British sources. Nevertheless, as is pointed out, Germany was :le.tlla.lly using more Australian and Hoiith African wool then this country, but is was chielly of i I inferior kinds. During the three years before the war this country was exporting woollen manufactures of the-: average annual value of 27 million‘ pCun,d.‘s 'st;‘rling;. Since then the growth of the industry has been re». In-.lrl<-able. The ()vel’£L3;e :Innu';=.l value; of the e.\:}_>ortS cf woollen ma.nnfae- ' tures ha_sinereased to over 3(i.‘_, million pounds, and at present nearly twice as much wool is being used by the weaving industry as in pre-war times, and 119'.-].l"ly the whole of it comes from within the Empire. The article includes an account 'of the p,':od"u(:»tion of wool‘. within the Empire and in foreign Countries, and full particulars are given of the trade in woollen.go‘ods of’ Ihei Uni“ed Kingdom,‘ the chief l‘}ul-opean countries, the United States, and Q Japan. A 1 —~—-—-—- 1