CHEQUE FOR £237,266

Auckland Star, Volume LXXII, Issue 287, 4 December 1941, Page 3

CHEQUE FOR £237,266

SENT TO WOOLGROWERS

SECOND APPRAISAL PROCEEDS

Woolgrowers throughout the Auckland province received cheques this week totalling £_37,266 on account of the second local appraisal of the season held on November 14-15. In announcing the official figures for the appraisal this mornmg. Mr. J. E. Connor, secretary of the Auckland Woolbrokers' Association, said 13.419 bales were handled, the net weight being 4,570,6321b. The average price Ser bale was £17 13/8 and the average price per lb, 12.43 d. Including the wool oddment fixture held in August last, woolgrowers so far this season haVe received £292,116 for 17,972 bales. Results of the second Auckland sales held in the third week of January in the two seasons before the war, compared with the second appraisal of the last two seasons and the present season (under 1/2 British purchase scheme) are as follow— Average Average a. bale per lb Value l?-* 722 6 8 15.047 d 613^852 ,W J2 0 0 9-485 d 397,262 loin fS I ' 0 9 11.66(1 328,745 1940 (Nov.) 17 15 10 12 54d 229 124 1941 (NOV.) . 17 13 8 iziisd 23?:268 ~ the advent of a spell of comparatively finer weather, shearing throughout the province has been accelerated, and " ooi has been pouring into the stores at 1 arnell in readiness for the next appraisal, which is scheduled to begin on Tues,i? y- Catalogues closed on Saturday, and Inrnn f', ng ls ex Pected to comprise over 20,000 bales.

Some indication of the backward nature of the season can be given by the fact that at this time last year 23,228 bales naa been handled, whereas after the second appraisement concluded on November 13 last, the total dealt with this season was only 17,972 bales. There is a strong possibility of the institution for the remainder of the season of monthly appraisals up to the end of April in order to avoid congestion. The appraisal dates so far fixed after next week's are January lo and February 9. However, a big influx ot wool is expected towards the end of the month and early in the new year. , Mr- F- Binney, chairman of the Auckland Woolbrokers' Association, stated today that owing to the short time available to brokers a proportion of the clips which required classing and wools which had been binned would have to be held over until the next appraisal. Growers should not be disappointed if some of their wool m these classes was not offered next week, as brokers found it impossible to get through all the work in time. Such hold-overs would probably be necessary throughout the season.

It is stated that there is a fair amount of last season's clip in store, consisting of types not at present in demand because of their unsilitability for war purposes