Evening star., 1926-10-08
HIGHER WOOL PRICE
+ BOON TO GROWERS
Those Who Have Held Prod
uct Benefiting Now From
Rising Values.

~ ~ - NV ILL.,
ENecial DlsnafCh to Tie Star

Epecial Dispatch to The Star.
NEW YORK, October S.--W hatever
the weather may do to the sheep on
the ranges. the wind is being tenn
pered to the wool growers. Wool
prices are gradually rising. and those
producers who have held off for higher
prices than were offered during the
Summer are now reaping "A distinct
benefit Quotations are strong in
practically all the markets of the
world, and demand is improving along
svfh the betterment in the sales of
Hfeth and clothing
THE volume Of buying which has
followed the opening of the Spring
lines of Women'S wear materials Of
Sered by the American Woolen Co.
Tuesday has been so large as to indi-
cate that prices are in for a period Of
strength. AS a result of the knowl-
edge that the cutting up and clothing
trades are willing to buy freely
~eavers are purchasing raw wool in
larger quantities than for long time.
The poundage needed for fourth-quar-
ter requirements is such as to- pre-
clude the probability of any price
drop. In fact, some weaves which can
not be veplenshed prior to November
are already selling at Il premium.
Production at Low Ebb.
Woolen goods production has been
at a low ebb for months. This has
been due in part to the Passaic strike,
which has affected at least four large
producers, and in part TO the hest
Janry among members of the cloth
ing trades, who have been worried
by strikes and uncertainty as TO de
mand.
The improvement has been spe-
Cially noted in Women's wear. For Il
while fashion trends specially ia
ored the silk producers. Now the
makers Of WOODEN cloths, especially
the kasha WeaVes, are benefiting.
The trend has been given impetus
by the coal strike in Great Britain.
which has hampered production Of
rWcpGS. CashmcreS and other Woolen
goods.
SO great a distributor as the Hud-
SON Bay Go. has been unable to
secure the blankets ordinarily sup
piled to the inhabitants of the North.
and many AN Indian and white
trapper will be without his favorite
colored bed coverings and coats this
Sea son.
The advance in the prices of rugs
and tapestries recently has given an
impetus To the sales of carpet woods,
anu W Nlllie THESE are mostly I1ouuteu
IN foreign countries. their use has
left hole into which higher grades
will fit.
Volume TO BE LarSev
The volume OF goods production
This Fail promises to be Substan-
:iallN larger than in the last three
months. and there is Il good pros
peCt for improved demand for raw
wool in foreign centers in the near
future. There is general belief in
tho trade that the amount of wool
produced this year will suilic" TO
meet world requirements. But the
surplus, if any. certainly does not
promise to be large. However. there
has been decided increase in the
number of sheep on the ranges.
aud the Spring clip Of next year
promises to he larger than in the
first months of 1926.
SIX values recently have been very
firm IN response To the increased de-
lnand for broad silks in this country.
IioWeN the response to the open
ing uf Spring lines has not been all
that Was anticipated and some man
ufacturerS arc Curtailin% production.
The steady day to day demand.
which has been developed in rayon
IS the feature of that commodity at
present NanufacturerS are using
huge quantities Of the artificial silk
product both alone and in Conjunc
tion With cotton and wool.