WOOL PROSPECTS.

Auckland Star, Volume LXV, Issue 147, 23 June 1934, Page 9

WOOL PROSPECTS.

Optimistic Note at SydneySheep Show. FARMERS' WORRIES OVER? SYDNEY, June 22. Speeches delivered at the Sydney sheep show to-day were optimistic. The Premier of New South Wales, Mr. B. S. Stevens, stated that the wool clip in the past 10 years in Australia was valued at £077,000,000, or £30,000,000 more than the total value of the gold yield. Wool contributed 00 per cent of the country's wealth. The Minister of Agriculture, Mr. Hugh Main, said this year's exhibition of woolly aristocrats surpassed any previous exhibition, both as to numbers and quality. Experts were of the opinion that the woolgrowers' troubles were over for good. Ho evoked applause when lie hinted that, owing to the Federal Government's improved financial position, the land tax probably would bo removed.

Mr. J. F. Guthrie, a member of tlie Federal Senate, who is tlie foremost Corricdale breeder in Australia, predicted progressive development of Corriedale breeding. Probably Corricdales would displace Merinos on the coastal belt, where conditions were more suitable for the former. Corriedale wool commanded a better price in New Zealand than Merino. A magnificent Merino ram owned by tlio estate of the late Mr. F. E. Body, of Trangie, was to-day adjudged grand champion of the show. Mr. W. T. Merriman, of Yas»s, was runner-up. The exhibits of Border Leicesters this year total four, compared with two in previous years. There would have been five had Mr. W. Ronnie not been held up by the strike in New Zealand. Tho judge had great difficulty in making awards, owing to the presence of splendid types of New Zealand and Australian sheep. Mr. Donald Grant (New Zealand) found competition this year unusually severe.