OUR BRADFORD LETTER.

Gisborne Times, Volume XXVII, Issue 2492, 4 May 1909, Page 3

OUR BRADFORD LETTER.

HIGHER QUOTATIONS IN BRADFORD. (From Our Correspondent.) BRADFORD, March 19, 09. Sufficient time has now elapsed to show exactly the position of things in Coleman Street, and the higher quotations from that quarter have had the effect of causing all topmakers to advance. their quotations a full Id. Even then prices in London are ahead of those current in Worstedopolis, and he would be a genius who could buy the raw material there and convert sqme into a good super 60’s top at There has not been a great deal of business doing at these higher quotations, and it will be much if users buy on any larger scale just ,yet. Many entertain the opinion that the raw material is moving at a faster rate than the fully manufactured article, and it now remains to be seen if yarns and pieces can be . got up to the level of the- raw material. Consumption is well maintained, and that is the sheet anchor of the present situation. There is on all hands as strong a demand for the delivery of tops as ever, and this is the most satisfactory feature of tho entire trade. All top-makers arc exceedingly firm and demanding more money, and they are as confident as ever over the future. The same feeling obtains in regard to crossbreds, and here good 40_s are beino - .quoted at 121 d and With the big buy on the part oT spinners and expor.t houses three weeks.ago there is not now a big quantity of fresh orders on the market, but all the same the feeling is one of strong confidence that they will make what they are asking before long. There continues to be some good shipments made to the Continent of carded descriptions, and prices here have also been advanced. The position of things in London lias influenced sensibly the situation in all its branches, but naturally the upward trend of values is not relished by users. Mohair is still moving m a very retail way, and a firm offer for any weight would find merchants willing to accept a trifle less than current quotations for average qualities which are mostly nominal. The situation generally is a healthy one, and consumption is expanding. .