THE Wairarapa Age MORNING DAILY. FRIDAY, MARCH 29, 1912. THE WOOL SEASON.

Wairarapa Age, Volume XXXII, Issue 10595, 29 March 1912, Page 4

THE Wairarapa Age MORNING DAILY. FRIDAY, MARCH 29, 1912. THE WOOL SEASON.

Messrs Dalgoty and Co., in tilicir re- [ view of tihe Australasian wool' trade for the pa&fc year, deal fully with the i demand of foreign countries for- wool | offered at the colonial sales. In the Sydney market the Japanese buyers during the current season liavo been operating in; the highest class of greasy wool, ami they purchased no 1 less than 25,000 bales in that cent.ro alone. This is not only so much raw wool taken off the European market, but there is a great room for expansion' regarding wool consumption in .Eastern eoun.tr.ies, and there is no doubt that at the present time the trade in wool wi.h -Japan is only in, its infancy. China is also being' lookedi upon, as a. probable market for Australian wool, and a writer in the Sydney Mail advocates the sending of a comprehensive- wool exlhibit to Chi nil with the idea of fostering a trade. Germany was also a large buyer at hho Sydney sales tin's season. One large buying iinu has purchased alone 40,000 bales, and oUhor German ihousess have purchased the following Ibale+i, iT'sneetive quantities, viz., iitt.OOO bales, 2*2,000 bales, 19,000 •bales, 17,000 bales, 17,000 bales, and I'l,ooo bales, from a glance at which --and these only constitute a portion. of the Gorman purchases—dt can be ween, how important the German demand has been in. the Sydney market ifc'fiis season. There was a fair proportion of buying on American account during February, and- good supportwas oko received from Yorkshire j buyers, aMiough the- hitter's limits apparently made it impossible fori ithem to compete successfully with tli© Cbiitinental section. The French a-rv IHaivi.sp coaster.'; Wfp-r-rtcrs cf

the Australian wool .sales. An interesting tabic is given by Messrs Goldsbrougb, Mwt and Co., showing the' e-stti-mated distribution of the wool sold in Australasia during the 1.911eeason. Tho Homo trade tools 379,389 bales, or 'i!2;j po-r cent; Continent hale**, or 6.] per cent; local manufacturers, and scourers, 78,4&\ bales, or M per cent.; United States, 18,3(36' bales, or 2J pea - cent; fjud Japan and India 33,851 bales or 1:{ per cent. From these jigures it will be seen that the Continental .section of the wool trade are by far the j largest buyers of colonial wool offered rat the local sales, and their operations during the last live years show a su bstanti a I incrca.se.