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Wool Tops (Supplies)

Volume 440: debated on Thursday 24 July 1947

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asked the President of the Board of Trade if he is aware that the hosiery trade are unable to obtain their full U.C.M. quota of worsted yarns from spinners, owing to the fact that the selling limit of tops for utility specification is 10d. per lb. below the market price; and what action does he intend to take to ensure that manufacturers of knitwear are assured of adequate supplies.

I am aware that fluctuations in the prices of certain types of wool are making it difficult for some spinners to obtain tops made from these wools at prices within the maxima for the home trade. The Wool Control have taken special steps to assure their supplies during the current production period; the arrangements for subsequent periods will be decided in the light of the current wool prices.