THE SUPPLY OF WOOL.

Taranaki Herald, Volume I, Issue 14, 3 November 1852, Page 4

THE SUPPLY OF WOOL.

We copy the following account from the Times of a most important and influential meeting of merchants, manufacturers, and other persons engaged in tho woollen and wonted trades of the West Riding of Yorkshire,, which was held in the rotunda of the Coloured Cloth Hall, Leeili, for tb c purpose of taking steps for the supply of wool from the Australian colonies. Sir George Goodman, of Leeds, was called to the chair, and amone tho per. sons present wero some of the principals in the firms engaged in woollen manufactures at Leeds, Bradford, Huddcrsfield, and other towns. The Chairman opened the proceedings by some judicious remarks on the importance of the matter they had met to consider, as the continued supply of wool fiom tho islands in the Pacific was of vital ■mportance to persons at homo, and the colonies, He aaid that some important and interesting information would be given to the meeting by Captain Stanley Carr, who bad been sent from Australia to England to represent what the condition of tho colony was, how much room there was for emigrants to proceed there, and to try to induce the Government to forward an efficient stream of emigration there. Captain Carr addressed the meeting at consider, able length, and in the course of his speech he showed that to vast a number of persons had left their ordinary employments and gone to the gold diggings, that there was tome danger, if a large nnmbcr of emigrants were not speedily sent out, of the supply of wool greatly falling off for the want of pcrtons to attend to the flocks of sheep. Mr. J. Brooke, of Honley, near Huddersfield, cxprctsed his concurrence in the views of Captain Carr, and moved the following resolution,— "Tb a t a very large proportion of the wool in which the industry of the West Riding it employed is derived from the several Austra Han coloniet ; that the supply will inevitably be very seriously affe cted in consequence of the large transfer of labour from sheep farming to gold digging, unless effectual measures can be taken to render the surplus labo u r available to meet the probable deficiency.' ' A very influential deputation was appointed, including persons in Leeds, Bradford, Huddcrtficld' Halifax, Kelgbloy, Dewsbury, and Roc hdale, to go to London, and have an Interview with tbc Colonial Secrotar , and tho two members for tho West

Riding, and the members for the boroughs in the said riding are to be requested to accompany the deputation.

Tbo" Plymouth Journal," of the 10th of Junej fhut speaks of the wool sales :— " The colonial woo sales, which commenced on the 20th ult. closed this evening. About 31, 000 bales have been sold Independent of abont 6000 bales of varions detcrip. (ions of low foreign wool. From tho commence' ment to the close of these sales there has been a very lively demand, and prices have been well rapporlcd. Everything has been sold, and nothing bought In. The healthy state of trado in our manufacturing districts, and the comparatively small quantity for thisseaion brought forward, baa caused pricet to average full 15 per cent, above February, and 25 per cent, above May and June, 1851 ; and thould trade here and in France continue good, and •ho importations between the preient time and Julj prove thort, there la no calculating on what th« price of wool may be, as the stock in this country Is lower at the preient moment than it has been for many years.