Show WOOL PRICES BELIEVED ON UPWARD TREND boston mass both here and abroad the feeling Is growing that the turn in wool prices has been made says a statement released by the national wool marketing corporation at the close of the london sales friday prices were firm all foreign markets reflected slightly stronger prices the foreign exchange situation however continues to be the principal disturbing feature in the world ool situation february opened with more action in the domestic wool market than has been witnessed within a year the national cooperative observes manufacturers have found it necessary to depart from their customary hand to mouth buying policy which supports the general opinion that their raw wool stocks have declined to extremely low levels in a report issued the first of february the textile analysis pointed out that prices of wool tops and worsted yarns generally should ribe within the next three to six months the past week saw a flash of activity in the mohair market at present however the national wool marketing corporation is concentrating most energetically on projects looking to the development of new uses for this textile which it Is hoped will produce profitable results for the mohair producers mrs R J fletcher left monday tor grand junction where she will visit her daughter mrs ireta kerby and family |