FIRST WOOL CHEQUE
Total Return Reaches • £312,058
REDUCTION ON LAST YEAR
Rale Average £l3/7/3
The first Christchurch wool sale of the season, held on December 12, resulted in a total return to growers of £312,058, a reduction of £60,769 on the total for the first sale of the previous season. The catalogue at this sale was 236 bales larger, and 514 bales more were sold. The average price a bale this sale was £l3 7s 3d, or 10.087 d per lb, against £l6 16s 3d, or 12.502 d per lb last season. The following table gives a comparison of returns from the December sales this season, last season, and in 1936:
1936. 1937. 1938. Offered (bales) 28,547 23,651 23,887 Sold (bales) .. 28,060 22,856 23,370 Value .. £631,679 £372.827 £312,058
Aver, per lb. 17.271 d 12.502 d 10.087 d Aver, a bale £22/10/2 £l6/16/3 £l3/7/3
The 1936 averages were considerably better than those for the last two years. The sale last December was also rather better than the three that followed it, as the Christchurch average of £ 14 10s 5d a bale for the whole season indicates. The Dominion average for last season was £ 14 6s 9d a bale.
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https://paperspast.natlib.govt.nz/newspapers/CHP19381221.2.62
Bibliographic details
Press, Volume LXXIV, Issue 22590, 21 December 1938, Page 10
Word Count
197FIRST WOOL CHEQUE Press, Volume LXXIV, Issue 22590, 21 December 1938, Page 10
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Acknowledgements
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