WOOL TRADE CONFERENCE.

Taranaki Daily News, 7 September 1916, Page 2

WOOL TRADE CONFERENCE.

EXPORT OF WOOLLEN GOODS. Australian-N.#. Cable Association Received Sept. 6, 6.10 p.m. London, Sept, 0. At the Wool Trade Conference the War Trade Department stated that the Committee were considering licenses to export finished woollei goods. The committee do not consider it advisable to grant furthei licenses until the supply in Britain is sufficient for all needs, and to icave ti surplus. Applications to evport jute wrappers to the colonies are most likely to be granted freely. Information was given showing that the exportation oi finished woollens to the Unitad States and British East Indies were fifty per cent, below normal, to Italy and Greece sixty-six per cent., to Japan 75 per cent., to China 77 per cent., to Mexico SS per cent., to France considerably above the average, to Australia 33 per cent, above, to Canada 10 per cent, 'above, to South Africa and Now Zealand 100 per cent, above. The committee will not consider 'icenses for countries or adjoining countries of German occupation. Members of the trade pointed out that stock tops were much below normal at present. The out-turn of merino tops was only SO pei cent, above normal, and of crossbreds 00 per cent., and it is expected that thev will be less each montli, owing to the numbers of pivot men jailed j up. The supply available for general trade has been further'reduced as the number of troops monopolised the English clip that was under Government control.