AUCKLAND WOOL CLIP.

Auckland Star, Volume LXV, Issue 26, 31 January 1934, Page 8

AUCKLAND WOOL CLIP.

CASH FROM LAST SALE.

TOTAL AMOUNT, £455,455

The returns for the second Auckland wool sale held on January 15 have been made available by the secretary of the Auckland Wool Brokers' Association, Mr. E. M. Edgar. These show that 25,020 bales were offered at the last Auckland sale, and 24,948, of a total weight of 9,015,8421b, were sold. The average prices realised were £18 5/1 a bale, and 12.12 d per lb.

~'■■■■ ,- : Some Comparisons. The following table shows the results of Auckland's second wool sale in recent .years and provides striking evidence of "the sensational recovery in the woollen industry: — •

Averase Average per balfl. per lb. Total. £ s. d. d. £ J 027 17 3 4 12,000 348.000 102S ..... 23 5 2 10 01) 018,750 1!>29 ..... 18 11 8 12.837 408,880 1030 10 5 1 7.123 146,404 1031 i 5 13 5 4.00 74.50S 1032 /0 11 1 4.734 121.234 1033 0 17 1 4.GGB 148,4ri0 1034 IS 5 1 12.12 435,453 At the first sale of the present season the returns showed that 23,560 bales were sold for a total realisation of £327,094. The average price per bale was £13 18/2 and per 1b"9.7d. From the two sales therefore growers will have received over £783,000, which is more than double the amount received for the three sales of the 1930-31, 1931-32 or 1932-33 seasons.

The final sale of the season will be held on March 27.