The evening herald., 1921-06-19


exports. - akown shove. mi. Il probsbiv
due 70 The fact that import data are raueh
more cofnplrie thsn export data. II is pfvb.
ssporied msrs vooi thas Is recorded
The outstanding feature OF the
summary is that the southern hcmi-
sphere furnishes most Of the surplus
wool. while Western Europe took In
pre-war years about - per cent OF
the surplus and the United States
about ~ per cent. In the present dis
cuEsion the rest OF the world is ex-
cludod. While about one-third
a. 00o. 900. 600 poundsl. OF the worlds
wool was produced IN Asia. the Bal
kan States and Russia and some was
exported. yet almost an equal amount
was Imported. This region may be
regarded A. almost seh-snHtaining ana
making only a small contribution
fabout i0o.ooo.o0o ponndsl. 10 the
Western European wool stocks. The
same situation prevails today
For the purposes OF this article
We win consider only 0l Western
Europe. f2) North America. and CD
tho Southern hemisphere In world
production and consumption.
Decline In Number Of Sheep
I'm pre-war years these countries
produced about 2.feo.00o.O00 pounds
OF wool The latest figures available
on numlrr OF sheep show that the
number OF sheep IN Western Europe
is about 10 per cent less than pre-
war. IN the United states about rs per
cent less, and some decline in the
Southern Hemisphere. particularly
Uruguay and South Africa. estimated
! At about 5 per cent for the southern
Hemisphere. or a decline for the
rafAnln ~ n lntaf mar rant IL lndignfaH
Consumption Of the three rcgions
(as abcye). in pre-war years was
about $500. 900 900 pounds. the ex-
cess OF 200. .O00.o 600 pounds being
drawn from Asia. the Balkans. and
some countries that have no records
OF production or exports.
present consumption IL the matter
with which the wool interests arc
now most directly concerned. A recent
ment TO the American consuls In Eu-
rope on wool consumption for the year
1920. when summarized. shows that
western continental Europe consumed
about IS per cent pre-wsr normal and
the United Kingdom about normal
'The consumption In the United
states was normal Tor 1890. or about
sso.eoo.oo0 pounds.
"With a decrease OF 10000, 00l
l pounds IN European consumption hhe
only about per cent decrease II
world production. or l70.000.0O'
pounds. Il is 0Rsy 20 explain the
present wool accumulation. II II als'
Important TO note that ~ Ions az IN
present ratio exists between prOduc
tlon and consumption the surplus
will continue to Increase.
No accurate Data on World Woo
Stocks
There are no accurate statisttcn
data on world wool stocks. In tn
southern hemisphere there appears q
he on hand practically the cuuivalen
Of the last clip. or about 500 .00o. 90
pounds. This clip was made fron
October to nerember. 1890. but du
TO the Htagnant market shipments I
| Europe have been relatively Emal
Old stocks on hand appear To Offse
exports OF new wool up TO May !. IN
estimate on European stocks, cxcep
the British Government old stocki
ls the least reliable figure and is Onl
approximate.
"Old wool In the United States In
cludes about 225.000.00O pounds u
foreign wool imported from Januar
20 May ,.
summing up the estimates, IA
world supply iu sight ON May
roughly as follows.