NEW SEASON'S WOOL

Evening Post, Volume XCIV, Issue 48, 25 August 1917, Page 8

NEW SEASON'S WOOL

REQUISITIONED-BY GOVERNMENTS

55 PER CENT. ADDITIONAL ON

PRE-WAR PRICES.

■' A™Gazette-Extraordinary was issued at ■noon to-day requisitioning the next ensuing season's wool clip in New Zealand for the purposes of .the present war.

„31, is provided that all owners of wool shall, as soon as practicable, deliver their wool at the wool-store.of a Government wooi-broker 'at one; of the following ports—namely, Auckland, Tokomaru Bay, Gisbome, Napier, Waitara, Wanganui, Wellington, Nelson, Blenheim, Christchurch, Timam, , Oamaru, Dunediri, andi.lnveicargill.. '\ . ' '..

The wool so delivered will be examined, classified, and 1 valued before shipment by two expert valuers, one of whom will be appointed by the Government, ■ and; the other of whom will be employed by the Government wool-bro-ker .mi ■ whose possession the wool is held. , , . ■

'If the'two valuers are unable to agree as to the classification and valuation of any wool," it'will be examined, classified, and valued by a supervising valuer to be appointed by the Government.

If the owner of the wool is dissatisfied with the value assigned by the supervising valuer he may, at any time within forty-eight hours after the date of valuation, give,, to the. ..Government,, a written notice of appeal from ihat valuation, and such appeal shall, on payment by the appellant of such fee as :the Government shall fix,- be determined by an umpire appointed by the Government. The decision of such umpire will be final.

• All such wool will be classified and valued in. accordance with the average returns for New. ZeaJand .wool sold during the season 1913-14, which shall be taken as representing the* average prices of the various classes of wool as sold by auction ; in New Zealand in the month of January, 1914. The Government will pay for all wool so valued a sum equal to the value so placed upon it, with the addition of 55 per; cent, thereof.