Show j WOOL SUPPLIES I IN U U. U 1 S S. S 1 DECLINE WASHINGTON Nov 8 IS The Ul agriculture department predicted today that over carry-over to stocks k of raw wool In this country for the new season e-ason starting next April would be I am smaller than for the current year In a survey of wool prospects thel the l department said laId ato stocks k of apparel I wool held by dealers and manufacturers manufacturers on September 26 28 totaled I 1 Po pounds scoured basis bul a d decline of ot SO 20 O per cent compared to the same Jame date last Jut year Domestic wool coz consumption the final quarter of this year will win be l. l smaller maller than the same name months of r I 19 1933 It was said aid but consumption w 1 for Bove J the entire year will be well above the tho average of recent years I tf l The Tia report said consumption of Z r apparel wool by mills In this country country coun coun- L try from January through August rh r f was 85 83 5 per cent smaller than the tho 1 same acme months of last lut year ear but butr 1 r larger than in the corresponding I period of ot any previous U year ear since Ince 1923 t f Wool prices were reported firm t during durin September and early October on oa domestic dome markets although trading was said dd to have been teen lira lim ted 4 Because supplies in this country a foreign end countries are small man the department said add this probably will prevent any material decline in domestic prices during durin the tho remaInder remainder remainder remain remaIn- der of the present wool marketing season leason even with some omo decline in dom domestic consumption Because domestic prices were said ald saidon to to- tobe be bo close to import parity putty on i many grades of wool th the e department department depart depart- ment went said domestic prices price cannot advance much farther without attracting at at- at- at P larger imports unless 1 foreign prices for wool continue t to toad ad advance nce and that was wu unexpected d. d The he high level of mill mUl tion In this country in recent months and small mall stocks of domestic domestic do do- domestic wool were said to have re reI reduced reduced re- re I stocks of wool in bonded i customs warehouses from J pounds at the end of April to 22 22 pounds at the end of August With a further decline Indicated for S September II |