Show continued from page one chases in australia alone are forecast at bales tor for the year japans needs for wool are greatly groate accelerated by her military activities stocks of wool tops in europe are getting smaller the stocks in september 1929 still stand as the peak of recent years elsewhere in the world as in the united states production trends are turning d downward own ward allson believes the 1932 clip will be considerably reduced from the cho 1931 level various private estimates in the wool trade place the decline at pounds or more which would make the coming clip about equal to that of 1930 1936 which was pounds of shorn wool declining production increasing consumption and the substantial production made in cooperative ing should mean much to improve the wool situation this year with consumption indrea increasing aing and an anticipated improvement in the general economic situation the cooperative stands ln lin a good position to obtain for its member growers full value for alt of their wool wool consumption the last tour four yeam represents an n tu increase creaso ot of 1 oyer over tho p previous 0 Us four years of this amount about halt half came in 1931 ev bv elyone in the wool trade hopes the th e signs are being read rightly and that this increase inwood in wool demaud demand will continue |