WOOL REQUISITION

Dominion, Volume 12, Issue 58, 3 December 1918, Page 8

WOOL REQUISITION

EXTENDED'TO ALL CLIPS UP TO JUNE !I; 30,1920 _, !;?.. TERMS OF PURCHASE [".'.::■■ - K. ' " " i | : Jl proclamation issued '.yesterday itaf.es that all wool of the, now continuing; season's clip in New/Zealand,; and jilsoall other wool hereafter clipped in JveV Zealand during' the continuance' of or-thereafter clipped" in New jjaland at any time not later than ,ono fear'after Juno 30, 19.19;' is requisitioned iy-Tand oii behalf of ILis -Majesty iu' tho inanner and subject to the terms and, Sonditious set out in tho schedule hcve!o';.' . It is further proclaimed that noihin'g contained in the present proclaujajiori shall, in any manner affect' the re[uisltion s of the wool of last season's, (lip in accordance .with the proclamation of October 15, 1917, -. whic.li rcquieiiioii shall proceed and be 'completed in jursiiiuice of-, that, proclamation accorfjngly. ' ' ■ ",'■"■.",;; ;'■ ' ' j.';.; : i,- The, Schedule.; '■' -. j;lf-' ; The persons, firms, and companies jfelitioned in Appendix I, together with jucli , other persons, firms, 'or companies, is the Government may from ,tiuie to. :ime appoint, hereinafter referred to as Government woolbrokers, will, during, he. pleasure of the Government, act as ■lie; agents of the Government in respect jf'tlie aforesaid requisition, of wool. - I owners of wool shall, as soon as traiiticiible, deliver their wool at th'o j'ooT stora of a Govenmiesit woolbroker it ..one of the following torts—namely, Auckland, Tolago Bay, Tdkomarii Hay, jiisbqrne, Napier, Waitara, Wanganu'i, Wellington, Nelson, ; 'Blenheim, Christhurch, Timaru, Oaninrii, Dunedin, and Jivercargill. ' ' i 3. Elich bale of tho wool .shall bear on ino end and on one flat side only .tho jheepfarmers' or country brand, the let-ers-aud figures, of such brand .being not ess:''than 3'inches in height. If the iraiiding has not been properly effected >y the ...owner it shall be! carried out by he broker, who shall be at liberty to liarge tho. owner a reasonable sum for he services, so rendered. ; 4. All wool so delivered'shall be examned; classified, and valued before shipment by two expert 7a!uers, one of Hiom will be;appointed by the Govei-n----uent, and the other of whom will be inployed by the.Government woolbroker n ;ivhose possession the wool is held. ;5. If the two yaluers are unable to £ree as to the classification and valua-' ion of any wool, it will be examined, lassified, and valued by a supervising ;alner to be appointed 'by the Government- . '. . v -. . : ! G. If the owner of tlfe wool is dissatisle.d.witli the value assigned, by the.supor?sing valuer he mpy, at any time with-a-forty-eight hours after the- date of laluation, give to the . Government a rritten notice of appeal from tliat valur tion, and' such appeal shall, "on payjeut by the appellant of such fee as (he tovernment shall fix, be determined by n : umpire appointed by the Government; Toyided that in cases where reasonable jiuse for the delay is shown an appeal iay:be lodged at any time up to sevnty-n-o. hours after valuation." The dec'iion of such umpire shall be final. The roker shall be at-liberty to charge the' wner of the wool a" reasonable sum, not weeding 2s. per -bale; for the servicesendered id submitting wool to sn urnire for adjudication, in accordance with ae provisions of this,clause. ' 7, All such wool'shall be classified ami alued in accordance with the scale set >rth m Appendix II hereto, which shall e_; taken as representing the average various "claeses of wool as 3ld--by auction in New Zealand in the ionth of January. 1914.; '.8. The Government will pay for all ,00l so'valued a sum equal, to, the value I placed upon it, with the addition* of ) per cent., thereof./' !9. Such '-payment" will "be"- made, free ;ma exchange,,on the fonl-teenth day Her the date of valuation, to the«voolroker in whose possession .the. wool is eld, and such' woolbrofcer Elmll' receive pel. account for the"same.as. tlie: : ageht ndon behalf'of the wool owner !lfl. ,At. two o'clock in 'the afternoon f the.fourteenth 'day after tho. date t valuation,; the -wool so valued shall ficome the property oMJis Majesty, and lie woolbroker':shall thereupon take and .old.possession-thereof on account-of His '&*s:. 'accordingly. .Until the said I 0n ] the said fourteenth day the 'ooJ shal remain the property of' and f me risk of the wool owner, but shall e kept insured against fire in , its full nsurable value by tho woolbroker on i e '™ f .°ftlie. wool -owner at all times fhile iR; the, ;possessioil': of.. the wool-iroker-until -piiymcnt as aforesaid : 11. The voolbrfijfer shall provide stor- 1 ge,free6f .charge. 7or the-wool for a mod of twenty : eight .days after the : ate of valuation, .After the expiration 1 that period tho Government will nay torage at a rate to be arranged *beIveen tho Government and the wooli 12. Any wool may before'' payment herefor be rejected by the valuers,' pr. n- case of their disagreement by'the iipervismg valuer, as unmercliant,ble or not of, the nature or quality retired by the. Government. oo i so ejected will not be taken by the Govern: lent." The-broker shall be at liberty ? charge the owner a reasonable sum ?r services •'rendered in respect of anv rool so rejected, and also.in respect■ o"f Jl wool which for any other reason does ,ot become the property of 'His Majesty .ursuant to the foregoing provisions of his proclamation. • i

,13. In the case of all bales or packp of wool delivered in a wool-broker's tore otherwise than in good condition or shipment, and in the case of bales or lockages of mixed description requiring epachng, the broker shall be at. liberty 0 charge the owner a euin not exceeding >ne..iarthing per pound for-the addition";1 work so involved, in addition to the pst. ol new packs, if supplied. .14. No Government wool-broker shall, n respect, of any services rendered or iharges' incurred in .pursuance of his-em-ferment-by the Government «s aforeaid. charge the- owner , of any wool with my. brokerage commission or other remineration or reimbursement, save so ar as hereinbefore expressly authorised n -respect of repacking,-or of correcting aulty branding, or in respect of wool rhich becomes the subject of ah appeal ■ r t ln i re , spe6t of w ° ol lhat hns ~een ected by valuers or the supervising mluer, or in respect of wpol that does v lot become the property of His Majesty )nrsuant to this proclamation, the.inten•lon being that the amount payable by me Government in recordance with tho ,oregojDg provisions shall constitute the let return to the owner for the wool is delivered into the broker's store. i' i. J a L I of t,!e " latt «'s Jierein set ( orth Controller of the Department n Imperial Government Supplies will ict on behalf of the Government. - , IS. Slipe wool produced at 'freezing; vorks and any other quality of wool lohfied from timo to time by the Govirnment to the wool-brokers will not bo mbject to -requisition' under the provi110ns 1 contained. 1 , . 17. The delivery of wool by the owner 0 a Government wool-broker'at his woo! (tore at any'of the ports aforesaid shall institute a contract between the owner ind the Crown for the sale and purchase ;f the wool on the terms herein set orth, subject, however, to the right of lejectibn hereinbefore provided. 18. The term "date of valuation" means :ho day of the date of a certificate of Valuation signed by the valuers or in •he event of their disagreement by the iiipervising valuer. ; 19. If any owner of wool fails or Tehises to deliver such wool to.a .woolbroker in accordance with the foregoing jrovisions, the wool will be subject tii eizure in the exercise of His Majesty's ;uthority in that behalf, and will bo jisposed of in such manner as the necesities of His .Majesty, may require. f 20l In addition to the purchase monoy lereinbpfqrc specified ii bonus in accord.nce with the following provisions will, jn the termination of this scheme of rejuisition and-purchase, be distributable imon? all persons who Iwve sold wool to he Government under such scheme and ihall be. divided between , them inproiortion to the aggregate amounts paid, to

ieach of them by way of purchase money under tho scheme. The amount of such bonus shall be determined by His Ma■jesty'e Government of the United Kingdom, and the determination of that Government will lie iinal and conclusive. The intent of this provision, however, is that the bonus shall bu equivalent to one-halfof tho,ncL profits derived by His MajestyY Government from the resale of any wool thnt is not required for 'the uses of that Government, and His Majesty's Government will in determining the amount of tho bonus compute tho same;in such manner ae to give etfp.ct to this intent as nearly as'-mnv be deem- ■ etl practicable by that Government. ■■■■

. . Appendices. ■The; first appendix gives a list of the names of the persons ami firms appointed to 'act'as Government wool-brokers. ~Tho second appendix states that tho following scale of finalities' a«il • values , represents ■ the' average returns" for New Zealand wool sold during the season 1013I9lii-

Eango of Values / ' pwlb. according to 1 ... f[ualily. Description of Woo!. , d. <), ■Super, merino combings' 32 to U\ .Medium to sood merino - flj „ 1U 'Inferior merino S-V „ 0J Superior' half bred ......,;....■ 12' „ if Medium to /rood half bred ...;.. 93 ~12 Inferior halfbred '. : 9 ~10 Superior crossbred 101 „ 12 Tiedium to good crossbred .... 9" „11 Inferior. crossbred 75 „ 9 Lincoln and Leicester ..'.....■...■.. 8? „ 101 Lambs, good it n -w' Lambs, 'medium 9 „ ioj , All inferior classes cf wool such as inferior lamb-, , ' wool.' black . wool, dead wool, pieces, bellies,' locks, erutchiuai, see'ly or other faulty wool shall be valued at/ prices proportionate «to ■ those shown above.