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AUCKLAND CHEQUE.

APPRAISAL OF WOOL. REALISATION £49,813. Details of the winter wool appraisal of crutchinge and oddments, held in Auckland on August 13 and 14, were released to-day by Mr. J. E. Connor, secretary of the Auckland Woolbrokere' Association. They show that for 3985 'bales appraised growers will receive £49,813 6/8. The average per bale is £12 10/, and the return per lb 8.17 d. The total weight of wool appraised wa§ 1,463,4791b. Following the usual custom, 5 per cent of the money will be held ba«k as a suspense account to allow for any adjustments which may be necessary later. Up to the fifth and final appraisal last season, held on April 1 and 2, the total wool cheque for the Auckland province in t'lie 1939-40 season was £1,375,086. The official figures for the fifth appraisal alone were: Number of bales, 4927; value £74,136; total weight, 1,645,7751b; average price per bale, £15 0/11; average pike per lb, 10.81 d. The five appraisals last season, wibh the ■oddments appraisal earlier this month resulted:— Average Average

iuc ugiuw jor tue uppuiigai tuiie mona: cannot properly be compared with thos< of the other inspection* because the of wool are different. Oddmento and crutchingß do not return the same prie< ae fleece wool proper. TIMARU PRICE RANGE. TIMARU, this day. ,«?}*? first Timai- u wool appraieal of th< 1940-41 season wae held thie week, wher 2393 bales were offered. Crutchinge opener up well owing to the exceptionally goot wmter, being lighter than for man: se -2sons, although not so well grown. The official range of prices is:—Fleece Merino, 12d to 15/% d; half bred, lid t< 15% d; three-quarterbred, 12d to 14& d crossbred, lid to 13% d; pieces, B%d t< ll%d; crutchingg, Merino* 6%d to 10% d halfbred, extra good, 9%d to ll%d; aver age, 8d to 9Hd; inferior, B%d to 7%d thfee-quarterbred, extra good, 9%d t( lid; average, B%d to 9%d; inferior, 6%c to B%d; crossbred, 8d to 10% d; coarsi crossbred, B%d to 1094 d; eye clips, 6%< to 10%d.-(Pre»e Assn.) * P '

*4 Finance, Commerce, Markets ON CHANGE. AUCKLAND CHEQUE. MARKET VERY QUIET. APPRAISAL OF WOOL VALUES REMAIN LEVEL. REALISATION £49,813. The mnrket was very quiet at the morn- Details of the winter wool appraisal of ing call of the Auckland Stock Exchange crutehinge and oddments, held in Auck-to-day, no quotable sales being reported, land on August 13 and 14, were released Values were much the same as yesterday to-day by Mr. J. E. Connor, secretary of afternoon, though an advance was seen in the Auckland Woolbrokere' Association. p affirtoX rt Sr ftef^c-anle 8 J%**& *&£ XJftSrS forwnrd at £3 1/6 feioweis win recei\e 4.4»,HM b/S. Ihe Quotations in the gilt-edged section %?T 8 17d bale Ie £12 10/ « and the return trwit a h fu a rt h t% n r r notiiii weight oi ™ ] ™ M - —,.,.,_ .. Following the usual custom, 5 per cent The Noon Call. of the money will be held ba«k as a Values were a little firmer at the noon etiepemse account to allow for any adjustcall and the tone was brighter, business niente which may be necessary later. being considerably increased. In all, eight L'P to the fifth and final appraisal last sales were recorded. Now Zealand Insur- season, held on April 1 and 2, the total ances confirmed their advance this morn- wool cheque for the Auckland province ing by a sale at £3 0/C, an advance of 3d. i» t'lie 1939-40 season was £1,375,086. Banks of New Zealand were also 3d higher The official figures for the fifth appraisal at £2 2/6. alone were: Number of bales, 4927; value . £74,136; total weight, 1,645,7751b; SALES mWIPI FTP!! average price per bale, £15 0/11; average OHUCO L-UIYirLL I CU. price pM - ]b, 10.81d. ■ The five appraisals last season, with the AT TH« 3.,B P . M . CAtU YMTEIIO/IV-. *££$£.•»"** earHer thk mOnth - L««t aala. Average Average £ s ri £ s (1 £* biUe " l1 per lb, V«'ue. N.Z. Insurance . :i 0 a .. 3 o 0 Xovember ... 17 4 i<! n«7 q7-f-nq Wooi'wor h Prop 1 : , 9 14 0 D ewmbe * • • • 1* 0 0 11.66 328 745 ffiSffftffi". o 7 g :: h \ % jssSr-:::: 55 S II lilt ilfci !? c ? L t r DAV 7 o S - " ** SfiB Woolworth (X.Z.) Ol(i 0 .. 0 1.1 « The fisruree for the smmutanl Mii. m nn t4i

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19400829.2.21.2

Bibliographic details

Auckland Star, Volume LXXI, Issue 205, 29 August 1940, Page 4

Word Count
720

AUCKLAND CHEQUE. Auckland Star, Volume LXXI, Issue 205, 29 August 1940, Page 4

AUCKLAND CHEQUE. Auckland Star, Volume LXXI, Issue 205, 29 August 1940, Page 4

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