Show WOOL encouraging BOSTON mass with available wool stocks considerably lower lowe r than n apt a 0 year yea r ago with the next clip el car to show a substantial reduction from the preceding one with all r reports 6 from the goods trade pointing to ward toward another year of big business 1 in wool fabrics and with foreign importations likely to continue at low level the maroket outlook tor for tile tho wool producer Is considerably more favorable now than it was a year ago of of the national wool marketing corporation the huge growers organization which has handled bandied pearly nearly pounds of wool in the two years of its existence are particularly optimistic over the comini ini year afier ther believe that 1932 will bo be a better wool year than 1931 nod and will mark tile the turn toward better times during tho the past year practically every nation consumed more wool than during the previous year with the united states recording the most substantial jump current estl matea place the world increase in wool consumption at to pounds probably nearer tho the larger figure december con sump afon of pounds of clothing wool revealed in the united states that tills this count rys consumption of domestic wool wool has exceeded that ol of the previous year by more than po pounds u elds the 1931 total for wool manefa reporting to the government govern men t which accounts for about 75 per cent of all the clothing wool actually consumed Is pounds tor for 1931 again pounds for the same period in 1930 production of wool in the Unit united S tates states for or the past year rp represented presented an increase pt 7 per cent over the previous year or approximately pounds the increase in consumption during this warno ame year however lower e exceeded the increase in pro by about 13 per cent the tha s dizion rp rise in demand for wool thus not n ot only cimpl completely absorbed the tha in 1 crease in product production iou but moved mucha of the surplus wool held over from 1930 a year of under consumption while reliable figures on wool blocks at the turn of odthe the year are not available it Is generally felt th that stocks are tar far below those of a year ago the last survey of domestic wool stocks was made about the thea middle of october at that time it was s estimated that wool holdings in the count rys five major markets and concentration points boston philadelphia d chicago st louis and louisville v 11 c e t to about pounds aracil practically ily all of domestic origin since that time a large weight of wool has haa been taken by manufacturers considerable wool to la stored at other points notably on the pacific coast and some still la is hold held at the ranches nevertheless it Is generally felt that it all stocks istocka could be to the volume would ie be ex I 1 low officials 0 of the national wool marketing corporation forecast a large volume of business in the goods trade during 1932 the popularity of wool which developed in 1931 should parry carry over into the now year and will be emphasized in many fields of wear believes J byron wilson manager of 0 the cooper active last year wool did not st start art moving in volume until after the middle of february this year the r second cond week saw wool manufacturers quicken their interest in raw wool the knit goods industry promises to be one of the genuinely bright spots during the coming year new york stylists sty lists say that fully three times timea as much style attention la Is being 1 div glyen en 0 sweaters as a year ago i analysis n a ysis 5 of 0 wool consumption by grades tor for mills reporting to the govi eminent during 1931 shows how the knit goods industry helped the wool grower last year consumption ot of I 1 low quarter blood wool tor for 1931 was pounds for or mills reporting against pounds tor for 1930 consumption of regular wool tor for 1931 1031 was pounds cm compared pared to pounds in 1930 wool 0 1 machinery ma elry in 1 great britain ha has ab been e en more active than at any ally time within two years japan continues a heavy wool buyer her purchases r in australia alone are ara tore fore cast at bales tor for the year japans needs tor for wool are greatly accelerated by her military activities stocks of wool woof tops in europe are getting smaller the stocks in september 1929 still stand as aa the peak of recent years elsewhere in the world as aa in the united states production trends are turning downward wilson continued to back page continued from page ono one believes bel levea the 1932 1032 clip will ab U considerably reduced from the 1931 lovel level various private estimates in the wool trado trade place the decline at pounds or more which would make the coming clip about equal to that hat ot of 1930 which was pounds of shorn wool declining production increasing consumption and tho the substantial pro made in cooperative marketing should mean much to improve tho the wool situation this year with consumption increasing and an anticipated improvement in the general econe mic alc situation the cooperative stands in a good position to obtain toy for ita member growers full value tor for all ot at their wool wool c consumption on the last tour four years rep re presenta roseate an increase ol of approximately pounds over tile tho previous oua tour four years ot of this amount about liall half came in 1931 everyone in the wool trade hopes tte the signs are being read rightly and toa that t this increase in wool demand will continue |