WOOL CHEQUE

Dominion, Volume 27, Issue 188, 8 May 1934, Page 10

WOOL CHEQUE

April Sale Payment Yesterday SEASON’S BIG TOTAL £1,923,838 For Five Sales in Wellington Tlie gross value of the wool sold at the April sale in Wellington was £133,778, payment being made yesterday, thus bringing the total proceeds for the five sales held in this centre during the 1933-34 season up to £1,023,838, compared with only £702,205 for the five sales o_f last season, an increase of £1.221.543. Official returns compiled by the Wellington Wool Brokers’ Association show that at the sale on April 24, a total of 15.978 bales were offered, of which 11,673 bales, or slightly over 73 per cent., were sold, 4305 bales being passed in. The net weight of the wool sold was 4,158.1351 b. The gross proceeds of the sale were £133.777/15/8, the average price per ’bale was £ll/9/o}. and the average price per lb. was 7.692 d.. the lowest of the season. . The gross proceeds (shillings and pence omitted) of the five sales held at Wellington this season compare as follow with those of the corresponding

The following table compares the average price per bale for the five Wellington sales of the last three sea-

The average prices per lb. for the - five Wellington sales for the last three seasons compare as follow: —

At the five Wellington sales of the 1933-34 season a total of 133,874 bales of woo] were offered, of which 122,477 bales, or 91.48 per cent., were sold. At the roster sales of 1932-33. 106,490 bales were sold. The figures for . the five sales of this season were as fol-

The gross realisation of all the wool sold at this season’s roster sales in New Zealand will be over £10,000,000. compared with £41204,430 in 1932-33 and £3.516.361 in 1931-32.

1933-34. £ 415,596 1032-33. £ ... 144,401 January . 188.744 637.222 February 189,740 412,001 109,409 325.241 Apri| 70.001 133,778 ■ ——— Total £702,295 £1,923,838

sons:— 1931-32. 1932-33. 1933-34. £ s. 11. £ s. <1. £ 9. <1. DcC; 7 10 3 6 3 11 14 4 .02 Jan. 7 14 3 7 0 7 20 5 83 Feb. 7 11 9 7 9 6 13 8 3 Meh. 6 4 6 6 13 6 13 17 1 A pl. 5 19 5 6 10 5 11 9 oj

1031-32. <1. 1932-33. <1. 1033-34. <1. Dec. 5.104 4.098 0.452 ,Tfin. '5.463 4.605 13.333 Feb. , 5.128 4.063 10.204 Hell 4.238 4.443 9.253 Apl. 4.050 4.367 7.602

low:— Offered. . Bales. Sold. Balos. Sold. Per cent. Dee. 30.208 29.180 96.01 .Inn. ... 31.465 31.413 99.80 Fob. 30.302 20,731 88.00 Meh. ... 25,831 23.474 ■ 90.00 A P 1. ... 15,978 11,673 73.00 Total .. 133.874 122,477 91.48