F.F.C. Still Takes Most N.Z. Wool

Press, Volume CIV, Issue 30688, 2 March 1965, Page 17

F.F.C. Still Takes Most N.Z. Wool

European Economic Community countries continue to take most of New Zealand's wool, according to the New Zealand Wool Commission.

In the seven months to the end of January, 250,653 bales of wool were entered for export to these countries out of a total of 697,912 bales.

This represents 36 per cent of exports while the next largest importer, United Kingdom, takes 24 per cent or 66,256 bales. Exports Down

Export figures are running 12 per cent or 94,966 bales below that for the same period last year. Of the principal importers, only Belgium has taken more wool so far. She will receive 62,581 bales against 43,182 bales last year. The United Kingdom (32,841 bales), France (26,462) and United States (24,833) took most wool during January,

Details of wool entered for export in the seven months to January 31 with the percentage share of the total shipped to each of the main destinations are:—

Guthrie Bowron. Guthrie Bowron, Dunedin-based wallpaper and paint merchant, will close its share transfer books from March 18 to March 24; ex bonus issue March 25. —(P.A.)

Howard Smith Final.—Howard Smith, Melbourne investor in shipping, coal mining and sugar, recommends a final ordinary dividend of 6 per cent, making a steady 10 per cent for the year; ex dividend April 16. —(P.A.)

Wormaid Dividend.—Wormaid Brothers Industries (N.Z.), Ltd., Auckland fire protection engineers, manufacturers and distributors, will pay steady interim dividend of 4 per cent on ordinary shares and 2i per cent on preference shares, on March 19, ex dividend March 13. —(P.A.)

Bales 1965 1965 1964 000 p.c. p.C E.E.C. .. 251 36 35 U.K. .. 166 24 28 U.S.A. .. 144 21 19 Japan ... 43 6 7 Other 94 13 11 Total r. . 698 100 100