THE WOOL SALES.
CANTER BUR VS R ETU RN, CHRISTCHURCH, This Day. It is that'the total valueof the wool" sold""at the sale in Christchurch last week was about £621,000. At the sale, 27,064 bales were put up' to auction. Of this number, .about 290 ; failed to sell under the hammer, but probably the majority o? "passed-in" lots were dispoi.ed of* privately later. The average price per bale at the sale, reckoning all classes, fleece wool and felmonging lots, has been estimated at £23. A catalogue of 27,000 bales at, £23 a bale gives a total of £621,000. The total value of the wool sold at the v first Christehurch sale of the present season, held" at>' the -end' of November,when the catalogue totalled 13,847 bales, was estimated in round figures to be £300,000", so that, as a result of the two sales nearly a million pounds has come to Canterbury. _ > At the wool sales held in Christ--church last season, 72,703 balse weresold, at a total" value'of £1,437,864. If present values are maintained the totalshould be exceeded'this'year.
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Bibliographic details
Ashburton Guardian, Volume 48, Issue 77, 11 January 1928, Page 4
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176THE WOOL SALES. Ashburton Guardian, Volume 48, Issue 77, 11 January 1928, Page 4
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