UNITED STATES DEPART I-T OF AGRICULTURE
Bureau of Arricultural Econorics
,,ashin..-ton

WOOL-1 (new series) J--upry 1937

THL VOOL SITUATION



This is the first iss'ie of the Wool Situation, one of a new
series of nronthl;' con,-.odity reports to be released by the Bureaut of
A.Gricultural economics. This report will be sent to those who
formerly received 'Jorld Wool Prospects, the publication of wtich
wavs discontinued with the Kovem.,ber issue. The Wool Situation will
provide current information on chan..es in the factors affecting the
Outlook for production and prices of wool in the United St -tes and
foreign countries. It will be released about the ninth of each
month, wherens World Wool Prospects was for;n;irly rcle-.se en ato lt
the thirtieth of each .onth. Cor.nents, criticisms and su-j.tstions
relating to the forn and content of this re-iort will be welcome,


Sunl.sary

In vicw of the strong de-..ind for wool in lost consiuin.l countries ?nd

the relatively snall world d supplies, it is expected that wool prices will be

well maintained in the next few months. The current strong detnand for wool

in consumrin countries is due )prtly to the inmroved econoT.ic conditions in

most countries and partly to the increased use of rool in uniforms urder re-

armament procr-ns in some foreign countries.

The upward trend in wool prices continued in the Boston 'n.rket during

Novembcr and Deceiber. At the end of Dece-..'ber, prices of traded corbinC

territory wool at Boston were generally 22 to 29 percent higher than when the

cV rent advance in prices beran and prices were at the hijiest levels since

the early prrt of 1929.

Domestic wool prices at the nrosent tine are largely influenced by the

small supplies available in this country and by the strength in wool prices
8NIV OFFL LIB
in foreign markets. The shortage of sup-lies in the domestic r.rs sr-

suited in active contracting for wool in the Western States to Ie sAorn in^"'"

May and June. u.S. DEPOSITORY
-.------.---








;iOOL- 2 -

Consu.-tion of wool by United States mills increased sharply in

Tove.:iber after declining in September and October. The rate of consurntion

in November was greater than in any previous month of 1936 except February

but was lower th-n in Novembor 1935. Consumption fi-ures for the entire

year 1933, when available, will show a decline as compared with 1935 but

are expected to be larger than for any previous year since 1923.

As a result of the strong demand from inporting countries, disposals

of wool at Southern Hemisphere selling centers in the 1936-37 season up to

December 1, 1936, were larger than in the same r.ionths of the previous season.

While stocks at selling centers on December 1, 1936, were somewhat larger

than they were at the snme date of 1935, it is estimated that supplies still

to come forward this season will be smaller than at the same time a year

earlier.

Such information as is available concerning supplies of raw wool in

consuming countries indicates that stocks are relatively low in most coun-

tries. .Arrivals of the new season's clip from the Southern Hemisphere have

probably relieved the shortage to some extent, but increased manufacturing

activity in the United Kingdon, France and Belgium has prevented the building

up of raw material supplies in those countries.


DOI'ESTIC SITUATION

Prices ar.n Sales

The domestic wool market at the present time is influenced principally
by the s- all supplies of wool now available in this country and by the strength
in wool prices in foreign nmrkets. The shortage of domestic supplies has been
accentuated by delays in the movement of domestic and foreign wools to the
Boston market as a result of the seanen's strike in this country. Lock of
shipping space has delayed shipments of United States purchases in South
American and Australian markets. The shortage of sup-mlies in the domestic
market has resulted in unusually early contracting for 1937 clip wool in the
Western States.







700L-


Prices of domestic wools continue to advance on the Boston market in
November and December. The up-.rard trr:em of prices continued despite the
fact that sales were relatively light after the middle of ITovor.Ler. It was
reported by the Boston Office of the Burenu of Agricultural Economrics in
December that :.xny lines of domestic wool were quoted at a premium. over foreign
wools. The premium on domestic wools was based upon the urgent need of some
mills.to avoid chancing blends of w7ooCs for certain lines of goods, ani also
on the delay in arrivals of wool purchased in foreign markets.

Avcrage prices of r,,ded combing territory wools at Boston for the week
ended Dece:ber 31 were 22 to 29 percent higher than when the current advance
in -rices began. The greatest advances were on 3/8 blood and low 1/4 blood
wools. Fine staple territory wool averaged $1.09 a pound scoured basis at
the end of Decerber, an increase of 20 cents a pound over the October levels.
Similar 3/8 blood wools .averaged 96.5 cents a pound at the end of December
compared with 75 cents at the low point in August.

Supplies of Ohio fleeces at Boston were more restricted than most other
lines of dormestic wools in December and -,rice advances have been relatively
greater on such wool, particularly for 1/4 blood wools. Prices of fine Ohio
delaine wool vvernced 43 cents a pound grease basis at the end of December
conm2red with 35.5 cents in October, and 3/8 blood combing Ohio fleeces
averaged 50 cents at the end of December compared with 38.5 cents in October.

Spot foreign wools suitable for apparel purposes sold readily in the
Boston market as suppliesof domestic wools dwindled and arrivals of w7ools
purchased abroad were delayed in transportation. Buyers from United States
mills and dealers were reported quite active in Australia. Orders were
filled for the United States in New Zealand at the opening of the season
there, but the volume of purchases was restricted by the keen competition
from Japan. Offerings to the United States from South America were rather
limited in December.

Prices of scoured pulled wools advanced 14-16 cents on medium grades
and 9-12 cents on fine grades in the month ended December 19. Prices of
fine noils advanced to 79-81 cents for averCge types the middle of December
and choice fine noils advanced to 01-83 cents.

The market on wool tops at Boston was not very active in late !ovcIbecr
and early December. The slow trade was due in part to heavy covering by
spinners in October and early November, to small supplies of domestic wool
available, and to resistance to the hirh prices quoted by topmakers for tops
made of domestic wool. Quotations on tops showed unusually wide ranes
during the month, depending on ,:rade and origin of wool and on the required
date of delivery.


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WOOL-1


Wool Imports

United States imports of apparel Wool for consumption increased sharply
in November 1936 to 10,372,000 pounds compared with 6,406,000 pounds in
October and 6,246,000 pounds in November 1935. Imports of such wool in the
first 11 months of 1936 totaled 98,046,000 pounds compared with 35,034,000
pounds imported in the first 11 months of 1935.' The above figures for both
years include wools not finer than 40s. In all import statistics published
from July 1930' to December 1935 wools not finer than 40s were included with
carpet wools, -nd this classification was continued in World Wool Prospects
through May 1936. The 1936 import statistics published in World Wool Prospects
from June to November 1936, were not strictly comparable with data for earlier
years since imports of wools not finer than 40s were included with carpet
wools in the .earlier statistics and with apparel wools in the 1936 statistics.
Imports of.wool not finer than 40s totaled 1,875,000 pounds in November 1935
and 11,392,000 pounds from January to November 1935.

Imports of carpet wool amounted to 14,883,000 pounds in November 1936
compared with 16,933,000 pounds in October and 11,677,000 pounds-in November
1935. Imports of carpet wool from January to November 1936 were 127,354,000
pounds as compared with 147,477,000 pounds in the same months of 1935.

Mill Consumption

Consumption of wool by the domestic wool manufacturing industry in-
creased sharply in November after declining in September and October. The
rate of consumption in November was greater than in anyprevious month of
1936 except February. The weekly average consumption of apparel wool by
United States mills in November was 6,005,000 pounds, scoured basis, compared
with 5,180,000 pounds in October and 6,907,000 pounds in November 1935. Con-
sumption of apparel wool from January to November of this year totaled
250,429,000 pounds compared with 276,200,000 pounds in the same months of
last year and an average of 190,600,000 pounds for those months in the 5
years 1930-34. Consumption figures for the entire year 1936, when available,
will show a decline as compared with 1935 but will be larger than for any
previous year since 1923.

FOREIGN SITUATION

Wool Sales and Prices

Southern Hemisphere exporting countries

The first half of the 1936-37 selling se-son in the Southern Hemisphere
markets ended with the holiday recess. Although the outlook at the beginning
of the current season was somewhat uncertain, due to economic difficulties
in some of the important consuming countries, the strong demand for wool in
most consuming countries resulted in heavy sales and rapidly advancing prices
in all selling centers.

The Japanese boycott of the Australian market in the first half of the
current season was offset by larger purchases of Australian wool by the
United Kingdom, Belgium, Germany, and the United States. "The disagreement
between Japan and Australia has now been settled, and Japanese buyers will
reenter the Australian market in January.


- 4-







WOOL-1


The advance in wool prices in the present season has been greatest on
crossbred wools. Prices in United States currency of superior quality merino
wool in Australia at the close of the December sales were about 13 percent
higher than at the early sales of the season in September. The average
price received for all greasy wool sold at Australian selling centers in
November, however, was 30 percent higher than the average price for September.
See price table on page 11.

Japan was the principal wool buyer in the Union of South Africa during
the first half of the.current season. The high prices paid by Japanese
buyers restricted purchases by the United Kingdom and the United States. The
average price of 70s warp wool in South African selling centers when the
sales closed on December 19 for the holiday recess was 69.8 cents a pound
clean cost ex-warehouse at current rate of exchange. In September the average
price of such wool was 59 cents a pound and at the final December sales in
1935-it was 54.9.cents a pound. See price table for other averages.

The wool markets of Argentina, and New Zealand reflect the strong de-
mand for crossbred wools. The Buenos Aires Branch of the First National Bank
of Boston reported on December 7 that prices for low coarse crossbreds in
Argentina have advanced very rapidly and are now 100 percent above the low
point of last year.

Prices of low crossbreds in the Buenos Aires market at the beginning
of December were 40 percent higher than the early prices for this season
in October. Prices of fine aind medium crossbreds showed an average increase
of about 20 percent. Only a relatively small amount of coarse crossbred
wool has appeared in the Central Market so far this season because of heavy
sales of wool on the sheepts back, in the interior. The United States is
the largest buyer of coarse wools, and Japan and continental Europe, are the
largest buyers of fine wools in Argentina.

Prices of crossbred wools at the opening sale in New Zealand on Novem-
ber 28 were reported to be 50 to 60 percent higher than a year earlier and
sales were closed on at least 95 percent of the offerings. Japan was the
principal buyer but the United Stdes and continental Europe also were active.

United Kingdom

Prices in English currency at the final 1936 series of London wool
sales held from November 17 to December 2 were generally 15 to 30 percent
higher than at the close of the previous series on September 25. The adv-aLce
was greatest on medium and low crossbred wools. Closing prices were slightly
below the high point of the series. See price table, page 10.

After a short period of irregularity in the early part of December,
prices of wool and semi-manufactures in the United Kingdom resumed their
upward trend. In the third week of December the price of 64s average tops
at Bradford was 73.7 cents a pound (current rate of exchange) compared with
73.4 cents a month earlier and 63.6 cents a year earlier The average price
for 50s crossbred tops was 45 cents the third week of December, 40.7 cents a
month earlier and 31.8 cents a year earlier.


- 5 -






WOOL 1


Production

The foreign production situation has not changed materially since
the release of the November issue of World Wool Prospects which contained
tables showing.world wool production and sheep numbers.

Wool production in New Zealand for 1936-37 was about 295,000,000
pounds according to the preliminary r.fficial estimate 1/. The estimated
production in 1936-37 is about 7 percent smaller than the relatively large
production in 1935-36. It is possible, however, that the preliminary
estimate will be revised upward before the current season ends. The
number of sheep on hand in New Zealand on April 30, 1936, and the number of
sheep and lambs slaughtered from May 1 until shearing time indicates that
the number of sheep to be shorn in 1936-37 is larger than in 1935-36.
Reports also indicate that the wool growing season this year has been
favorable with feed plentiful and stock in good condition. In 1935-36, the
preliminary estimate of wool production in New Zealand was 272,000,000
pounds, while the final estimate was 316,500,000 pounds.

Apparent Supplies in Southern Hemisphere Exporting
Countries

On December 1, 1936, apparent supplies of wool in the five principal
wool producing countries of the Southern Hemisphere were estimated to be
about 1 percent smaller than on the same date of 1935 and about 2 percent
smaller than the average for the 5 years 1930-34. This estimate of apparent
supplies was made by adding carry-over from the preceding season to
estimated production, and subtracting exports up to the end of November.
No deduction was made for wool sold but not yet exported, and relatively
small quantities consumed locally.

Australia shows a decrease of 2 percent in apparent supplies and
New Zealand a decrease of 10 percent. The reduction in apparent supplies
in these two countries as compared with a year ago appears to be mostly
the result of reduced carry-over.

Apparent supplies for the remainder of the season in both the Union
of South Africa and Argentina were somewhat larger than at the same time a
year ago. This was a result of increased production and early marketing
rather than any falling-off in disposals which were considerably larger than
a year earlier.

Wool Movement at Selling Centers of Southern Hemisphere

Although receipts at selling centers so far this season have exceeded
those of a year ago they are rot as large as the average for the same period
of the preceding 5 years. The increase of 3 percent in receipts above a
year ago are believed to be due to good weather which has facilitated early
marketing and to the favorable demand and price situation rather than to
increased potential supplies for the entire season.


l/ Wool Intelligence Notes, November 1936.


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SOOL 1


Disposals of wool at selling centers up to December 1, 1936, including
carry-over wool, also has shown an increase, especially in Australia, the
Union of South Africa and Argentina, while stocks at selling centers in
the same countries on December 1, 1936, were also somewhat larger than they
were on the same date of 1935.

In the three countries, Australia, the Union of South Africa, and
Argoentina, stocks at selling centers at the beginning of December amounted
to 366,00000,00pounds and were 4 percent larger than on the same date of
1935, but 9 percent smaller than the average quantity on hand on that
date of the preceding 5 years. It is estimated that supplies still to come
forward this season are smaller than at the same time a year earlier.

In Argentina receipts at Central Produce Market during the first
2 months of the new season up to the beginning of December exceeded those
of a year ago by 49 percent but were 26 percent smaller than the preceding
5-year average. Stocks at that market were only slightly larger than a
year ago, pointing to heavier disposals. Uruguay alone shows little change
in receipts as compared with a year ago when tney were considerably below
the preceding 5-year average. Complete details are not as yet available
for Argentina, Uruguay and New Zealand.


Exports_ from Southern Hemisphere Countries

Exports of wool from the five principal wool producing countries
of the Southern Hemisphere for the new season 1/ up to the beginning of
December amounted to 476,000,000 pounds, an increase of 4 percent above
the same period of 1935 but 2 percent below the preceding 5-year average
for that period,

Details of exports by countries of destination are not yet available
up to December 1. Exports for the new season up to the beginning of
November show that in spite of greatly increased exports to Japan from the
Union of South Africa, Argentina, and Uruguay the total quantity going to
that country from the five Southern Hemisphere countries in the first part
of the season was only 22,000,000 pounds. This was less than half the
quantity exported from Australia alone to Japan in the same period of
last season. On the other hand, exports to the United Kingdom from the
same five countries increased 28 percent to 136,000,000 pounds. Increased
quantities also were shipped to most of the continental European countries
except France.

Exports from the five Southern Hemisphere countries to the various
countries for the season up to the beginning of November were as follows,
in millions of pounds with percentage of the preceding season given in
parentheses: United Kingdom 136 (128); Belgium 36 (115);
France 24 (83); Japan 22 (44); Germany 17 (172); United States
and Canada 12(99) and exports to all countries combined 274 (103).



l/ Season begins on July 1 in Australia, New Zealand, and the Union of
South Africa and on October 1 in Argentina and Uruguay.






WOOL-1


Supplies in Importing Countries

Such information as is available concerning supplies of raw wool in
consuming countries indicates that stocks were relatively low in all
countries, with the. exception of Japan, at the beginning .of the 1936-37
Southern Hemisphere selling season. Arrivals of the new season's clip
have probably relieved the most pressing needs, but the increased manufac-
turing activity in the United Kingdom, France, and Belgium, has prevented
the building up of raw material supplies in those countries.

Statistics of raw wool stocks in the United Kingdom, published by the
Imperial Economic Committee in the November issue of Wool Intelligence
Notes, indicate that stocks at the end of October in public warehouses at
the principal ports were 3,000,000 pounds less than a month earlier and
12,000,000 pounds less than stocks held by the same warehouses a year
earlier. Stocks at railway and canal depots in Yorkshire, which may be
considered to indicate roughly the trend of stocks in the hands of manufac-
turers, were 9,000,000 pounds smaller at the end of October.than at the end
of September but were 2,000,000 pounds larger than in October 1935.

Stocks of wool tops at commission combers in Germany, France, and
Belgium, at the end of November were 26,000,000 pounds. Such stocks were
11.6 percent smaller than a month earlier and 34 percent smaller than a
year earlier. Stocks of both merino and crossbred tops were smaller in
all countries with the exception of Germany, where a slight increase was
reported in crossbred tops as compared with the previous month. The decline
in stocks in France and Belgium in recent months was reported to be a result
of greatly increased mill utilization, while in Germany the continued decline
is principally due to the drastic curtailment of raw wool imports.

Stocks of raw wool in reporting warehouses in Japan were only 37,700,000
pounds at the end of October compared with the high point of 86,500,000 pounds
at the end of June. Stocks reported at the end of October 1935 were 30,800,000
pounds. The number of warehouses reporting was increased from 109 in October
1935 to 143 in October 1936, so that it is possible total stocks at the end
of October were smaller than a year earlier and also smaller than 2 years
earlier.

A seasonal increase in imports of wool into consuming countries probably
occurred in the final quarter of 1936. The quantity of imported wool retained
in the United Kingdom in November was 54,000,000 pounds compared with
34,000,000 pounds in October and 48,000,000 pounds in November 1935. Import
figures for most continental European countries are not available for October
and November, but statistics of shipments from Southern Hemisphere countries
for the present season through October show a marked increase in supplies
destined to the United Kingdom, Germany, and Belgium, with a reduction in
supplies for Japan and France.


- 8 &






W00L-1


:!ill Consur.:?tion and l.'..nufrctIurin Activity in Ir.)ortiri-. Countries

'annufacturinC activity in the wool textile industry continues at a high
level in the United Ki-.-d:nr. ani is also relatively high in Fr-.nce and Belgium.
In Gcr:.i,.ny and Italy, however, activity is still hindered by the shortar'e of
raw material.

The percent:-.e of insured workers in the woolen and worsted industry
of the United Kin;do. registered as unemployed on.November 23 was 6.7, ac-
cording to the British Ministry of Labour. The percentage registered on
October 26 was 7.6 and on Novcrber 25, 1935, the percentage was 8.2. Un-
official estimates of consumption of irxnorted wool by English mills indicate
a slight decline in consumption in November as co.ipared with October, and
also as cw.:?red with Noverb.er 1935. Consumrtion in the first 11 months of
1936, however, was estimated to be about 6 percent larger than in the same
months of 1935. The export trade of the United Kingdom in wool tissues in
October and November 1936 was smaller than in those months of 1935 but total
exports in the first 11 months of 1936 were larger than in 1935.

%Wool manufacturing activity in France has shown a marked upward trend
in the last few months. The principal difficulties in October and November
appeared to be an occasional shortage of coal supplies due to the coal trans-
port workerst strike and some lack of skilled labor in certain sections of
the wool industry. The improved activity is a result of increased sales to
foreign markets as well as inmroved home demand.

Shorta-e of raw mnoterial continues to overshadow all other consider-
tions in the Gerrmn wool -textile industry. In view -of the shortage the mill
quotas of wool raw materials allotted by the Supervisory Office have been
reduced to 40 percent of the theoretical "normal" mill utilization, effective
December 5, 1936, following the previous reduction from 66 -ercent to 50-55
percent which became effective October 1, 1936. The German wool textile
industry also appears to be seriously affected by the recent price control
legislation. This legislation provides that for the time being textile
prices must not be raised above the level of December 1, 1936, even though
manufacturing costs may have risen above the December 1 sales prices.

monthly index numbers of the production of tops for the United Kingdom,
France, Belgium.1, Poland and Hungary, which were released by Mr. I. Graul,
honorary statistician to the International Wool Textile OrSanization, indicate
that production in thosecountries in September 1936 once more surpassed the
production for the corresponding month in 1935, after falling below the 1935
production from May to August. Data on production of tops from Germany and
Italy are not available. Excluding these 2 countries, the index number covers
countries possessing about 80 percent of European combing equipment.

The monthly index numbers for 1935 and 1936 which were published by
the Jeekly iool Chart, Bradford, are as follows:

Year : Janr.: Wcb. : MIr.: Apr.: Thy. : June: July: AwI.:Sept.: Oct.: Nov.: Dec.

1935 :108.6 94.8 98.1 91.1 107,0 93.7 106.4 87.4 101.7 111.3 101.6 90.4
1935 :110.9 97.7 107.2 99.1 99.7 79.8 92.3 76.9 105.2


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WOOL-1


Wool price


- 10 -


per pound in specified markets, selected periods


Market and :Average:Average:Nov. :Oct. : Nov. : Dec.
description : 1934 : 1935 : 1935 : 1936 : 1936 : 1936


: Cents


Boston:
Terr.combing scoured basis
64s, 70s, 80s (fine) .......
56s, (3/8 blood) ...........:
46s, (Low 1/4 blood) .......:
Farm price (15th of month)
Grease basis ...............
London: 1/
Av. quality clean cost- 2/ :
70s ........................ .
56s ...... ................. .
46s .....................
Bradford: 3/
Scoured wool-
64s warp .................. :
50s warp ...................:
Australia:
Average price at all selling :
centers- 4/
Greasy wool ............... :
Sydney(Delivered Bradford)5/ :
Clean basis
7Cs warp .................. :
Union of South Africa:
Average export price-
Greasy wool ................
Price at selling centers 6/ :
Clean cost ex-warehouse-
7C' warp ..................
Argentina:
Buenos Aires market-
Buenos Aires, South, greasy :
coarse crossbred 7/ .......:
Uruguay:
Montevideo market-
Fine crossbred, greasy,
50-56s to 6 s 8/ ..........:


81.6
74.2
59.6

21.7


54.3
37.2
19.9


54.9
26.6


Cents


74.8
63.6
51.4


Cents


83.9
73.6
G0.5


Cents


90.0
79.8
64.5


Cents


99.0
87.9
71.9


Cents


106.8
94.7
79.2


19.4 22.6 26.4 27.2 30.1


47.5
29.0
18.6


47.7
23.2


54.4
32.8
21.0


55.5
24.7


59.2
36.7
29.6


59.1
28.5


64.7
41.8
34.1


65.3
34.7


23.2 22.9 27.2


59.0 60.1 65.2


9/61.3
9/42,9
i933.7


67.5
40.9


67.4


19.8 22.7 23.7


55.6 62.4 66.0 69.4



13.0 18.6



31.3 33.3 37.4


Foreign prices have been converted at prevailing rates of exchange.
1/ Average of quotations for each series of London sales as reported by the
London office of the Bureau of Agricultural Economics. For months when no sales
were held, figures are interpolations of nearest actual prices.
2/ Top and noil in oil.
3/ Quotations reported about the 25th of the month by the London office of the
Bureau of Agricultural Economics. 4/ National Council of Wool Selling Brokers.
5/ Wool Record and Textile World, Bradford. 6/ South Africa Ministry for
Agriculture. 7/ Average of maximum and minimum prices quoted in Gibson Bros.
Circular, Buenos Aires. 8/ Average of maximum and minimum prices for last of
month. Furnished by American Consul A. W. Ferrin. 9/ Quotations at close of
6th series on December 2.


A






OO0L-1


Wool movement in primary markets, average 1930-34, annual 1935-36


Country


Australia 1/ ..............July
New Zealand 2/ /.........: "
Union of South Africa.....: ,
Argentina ........... ..:Oct.
Uruguay .............. :Oct
Total 4 countries...:

Australia -
New clip wool l/.......:July
Old clip wool 6/.......:
New Zealand ..............
Union of South Africa /.;
Argentina ................:Oct.
Uruguay ................. :Oct.


Australia -
New clip wool ..........:
Old clip wool Y/....... :
New Zealand .............. :
Union of South Africa unsold
Argentina .................
Uruguay ................:
Total 3 countries .:


: Period


1-Nov.30
it

1-Nov.30
1-Nov.30


: 5-year
: average : 1935 : 1936
S1930-34 : :
: Mil. bs. Mil.lbs. Mil.lbs.
: Receipts at selling centers
: 665.8 664.9 677.6
: 9.7 16.9
116.6 105.7 111.9
32.6 16.2 24.2
: i48.4 35.0 35.6
:_863.4 821.8 __ 849.3

Disposals at selling centers


1-Nov.30 : 313.1
: 7/ 28.5
: 8.7
: 54.0
1-Nov.30 4/ 22.4
l-Nov.30


5/339.0
9.1
15.5
67.0
11.0


332.9
20.6

78.0


Stocks at selling centers


Nov. 30

if

Nov. 30 4/
Nov. 30


: 352.7
: 5.3

: 34.1
: 12.0


326.0
2.9

14.5
8.2


344.7
1.9

11.1
8.6


S 404.1 351.6 366.3


: Exports
Australia 9/.............:July l-Nov.30 : 339.3 323.1 324.5
New Zealand 9/ .........: 31.1 35.2 33.3
Union of South Africa .... 71.7 63.7 73.6
Argentina 10/ ...........:Oct. 1-Nov.30 : 26.2 24.1 32.7
Uruguay ........ ......: 15.3 12.3 11.6
Total above count. : 483.6 458.4 475.7
Compiled from cabled reports from Agricultural Representatives abroad and
reliable commercial sources. Later data, if any, may be found in the text.
Season begins July 1 in Australia, New Zealand, and the Union of South Africa,
and October 1 in Argentina and Uruguay. The statistics in this table have not
been converted to a grease equivalent unless otherwise stated, owing to the fact
that details are not always available monthly.
1/ Wool of season designated only. 2/Offerings at selling centers.
/ Converted from data published in bales in Wool Intelligence Notes-Imperial
Economic Committee. Converted to pounds by using Dalgety and Company estimates of
average weight per bale. 4/Central Produce Market near Buenos Aires where
between one-fourth and one-Third of Argentine clip is marketed;adjusted to monthly
basis for season beginning October 1 from weekly reports for season beginning
July 1. 5/Includes 6,531,000 pounds destroyed by fire. 6/Carried over from pre-
ceding season. 7/ Four year average 1931-34. 8/ Sales at public auctions only.
9/Estimates of DaTgety and Company. 10/Scoured and washed converted to grease
basis. -


__






WOOL-1


- 12 -


Wool exports (grease and scoured combined) from 5 principal Southern


Hemisphere


countries to principal consuming countries,
1935 and 1936


Countries of
destination


United- Kin -do .. .....

Germany ................
France ................
Italy .................
Belgium ...............
Netherilends ............
Japan ..........
United States .........
Canada ................
Total ebove countries
Other countries .......
Grand total .........

Countries of
des tinat ion


S Union of : Ne7
S Australia South Africa : Zealand
:July 1 Oct. 31 :July 1 Oct. 31 :July 1 Oct. 31
S1935 : 1936 : 1935 : 1936 : 1935 : 1936
:Million Million Million Million MTillion Million
: pounds pounds pounds pounds pounds pounds


70,.6

7.4
18.9
2.0
27.0
6.1
49.4
1.4


107 .2

13.7
17.1
4.5
32.7
4.9
0.3
4.1


10.1

1.8
8.0
0.2
2.7
3/
0.6
0.2


6.1


* 2.5
6.5
2.1
3.1
3* 5/ -
S14.5
.1


23.4
1/ 2/
3 5/
0.5
3/
0.9
3/
0.5
3.2


17,8
2/ 1.5
3/
0.4
3/
f/
3T/
3.0
3.2


S 0".9 0.8 3/ 3/ 1.5 1.3
S183.7 185.1 23.6 34.9 30.0 27.2
S 9.7 10.1 2.5 2.2 2.6 1.7
S193.4 195.2 26.1 37.1 32.6 28.9
: Argentina 4/ : Uruuay 4/ :Exports from 5 Sou.
S October C: tctber :Hem. cM)nc tor3 eason
: 1935 : 1936 : 1935 : 1936 : 1935 :1936
:Millipn I.Hllion M',llion Million Million Million
: pounds pcunds pounds pounds pounds pounds


United Kinr:do .......
Germany ....... ......
France ................
Italy .................
Belgium ............. .
PIetherlands .........
Japan ....................
United States .........
Canada ................
Total above countries
Other countries .......
Grand total .........


1.6
0.3
1.3
0.8
0 .5


2.3
0.2
1/
C. 2
0.1


0.7
0.4

1.1
0.3


0.1 1/ 1/
3/, 4.2 :/
r ) q
3.8 2.1 "z
) ) 23/
8.2 .1 3.7
0,,6 0.4 0.4
8.8 't .5 4.1


1.2 5/
0.6
0.1
0.5
0.1
1/
0.3
0.2 )i
3/ )
2.8
0.0
2.8


/


106.4 5/
9.9
29.0
4.1
31.2
6.2
50.5
11.9 6


249.2
15.8
265.0


Compiled fr':m. the following sources for various countries: Australia, U


of South Africa, New Zealand Nov. Bulletin, Imperial Economic Committee; Ar-
gentina and Uruguay estimates furnished by Agricultural Attache Paul 0. Nyhus.
1/ Less than :0,000 pounds. 2/ Option continent.
3/ Not reported separately included with "Other countries", if any.
4/ Season b -ii.s October 1. 5/ I-'cluJes 1,500,000 pounds from New Zealand
"option continent" in 1936 and less than 50,000 in same period of 19.35.
6/ United States rnd Canada reported separately only for Australia and New Zea-
land. Tnerefore they are probably small :usntities included with "Other
countries".


UNIVERSITY OF FLORIDA

11111 II 1IIJ 1 1 BIB ll Ii ll lii i111 111111111
3 1262 08739 2535


136.1
17.0
24.1
6.9
36.0
4.9
22.3
11.8


259.1
14.4
273.5
lni on


/


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