| Show BETTER BEITER BETER FEELING IN ININ EASTERN ESTERN WOOl MARKET MARKE I IN LETTER lETER Big Storage Warehouse Company Company Com Corn pany Predicts Placing of Large Contracts Abroad I A A. letter leter to Its Is shareholders has his been I issued b by the time National Wool Warehouse c Storage company compan declaring that tha the better beter feeling that has been heen noted for some somo time past continues and anti that there Is little change In eastern easter market conditions since last advices The lettel lettel let let- tel also calls caUs attention to the hea heavy c exports ports of ot woolen SO goods 9 It I follows tolo s There Is 15 little change in eastern easter market conditions since we advised you OU last last The better beter feeling which has been apparent for Cor the tIme past few tew weeks has lias continued A large weight of or Aus Australian and South American merino wools have been purchased during the tho Interval at hl higher her prices Time The sales In Australia have ha e continued con con- tinned in iii a satisfactory manner The Sydney Hydle sales old did rd not close at quite as high a level as the opening day lay al although although al though though closing cosing prices were Cul fully as ns hl high h as ns the April sales Statistics which are arc coming to tu tuI hand hanl from time to time as they relate to wool and woolens show an enormous enormous enor enor- I consuming consuming power In the lie United States The Un United ed States has shipped approximately worth of oC I manufactured woolen goods in the nine months ending March oos 1915 compared with wih for Cor the nine months months' period cn ending March 1914 These ex exports exports exports ex- ex ports together together with wih the raw wool exported ex ox- eX- eX ported porte make Snake an aggregate value alue of or within of ot the value alue of or the wool Imported This situation Is Is of oC course cours entirely now and sho shows s 's the tho most astonishing gain in our foreign textile trade Large Contracts Exp Expected tet Comparatively few orders have been placed recently for Cor foreign war contracts contracts con con- tracts for either blankets or clothing but It is expected as the war gives cs S of or extending Into 1110 the coming winter that large larse contracts contract will wl soon be placed In this countr country In ad addition to this favorable situation for American American Ameri Ameri- can ran manufacturers is the further fact that thaC Corel foreign n competition in our markets markets markets mar mar- Is now practically a thing of tho past When hen It 1 is taken into consideration consid consid- oration that American manufacturers must make the clothing clothing not riot only for lour our own population but also will wil probably probably ably abl make large largo amounts of ot uniform cloth and blankets for the time various European European Eu Eu- nations it will wil be seen that hat the consumptive demand for wool hat in the tIme United States will wil be greater than ever e before In n view of or all al that has hns been said about the the value of me medium lum wools for tor forwar forwar war purposes as well wel as general uses it goes goes without saying that growers of or such w wools may expect strong competition com coin petition petton and we believe beleve better beter prices as shearing progresses We e also look for tor active sharp competition to for I Montana Montana Mon lon tana fine medium and hal hal- half blood blood clips We e are still of or the tIme opinion that those wools tools will wil be at a premium In order to be used for fOl blending purposes with wih foreign defective wools Many nulls mills who ho have been expel with with tho time called so-called so-caled so ch cheap ap cost first cost c defective foreign fine tine wools wool are finding that without a goodly proportion of or strong domestic wool to blend with wih them that thac yarns orns are below standard standard |
