WOOL APPRAISAL

Auckland Star, Volume LXXIII, Issue 195, 19 August 1942, Page 3

WOOL APPRAISAL

MID-WINTER FIXTURE Regarded as opening the 10 '2-43 wool season in Auckland, the midwinter wool appraisement will open at the Parnell stores to-morrow. It is estimated that about 4000 bales w;il be available and the appraisers are expected to be occupied throughout tonwrow and Frioay. Pr>ces will bear the J5 per cent increase gnu ted by the United Kingdom Government re is said to be very little fleec wool in the offering, which comprises chkfH crutchings and oddments. A fair amount of new season's wool is Included, but it i.-, too early to indicate pro<p»cts for the main clip. The rn<d-winter appraisal is useful to growers as it crive-5 them an opportunity of dispos.ng of" any oddments which were shorn too late to be included in the final appraisement in Auckland last season, held in April. 1-a st week Auckland wooicrowers received the o per cent retention money on account of last season's clip in addition to a small payment of 1.4f,cl per lb to bring the total payments received up to the British contract price. At the crutchings appraisal last August in thij centre 4.30.°. bales realising 8.07 d per lb, a total oi*»."j| ,-S.jO.