Book Description

Excerpt from The Wool Situation: April 9, 1937 Domestic wool prices probably will show little change during the early months of the 1937 marketing season which begins this month, the Bureau of Agricultural Economics reports. Price changes in the latter part of 1937 will depend to a considerable extent upon the demand from domestic manufacturers and on price changes in foreign markets when the new Southern Hemisphere selling season opens in the fall. Consumption of wool by domestic mills continued large in February. On the basis of sales and unfilled orders reported by mills, activity is expected to continue at a relatively high level for the next few months. It is possible, however, that the high activity in January and February was due in part to early placing of orders, and may have been at the expense of activity later in the year. Because of large imports in recent months, supplies of wool in the United States on March 1 were estimated to be slightly larger than a year earlier but were below the average of recent years. Stocks of old clip domestic wool were small and domestic production in 1937 is not expected to show much change from that of last year. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.