CHRISTCHURCH WOOL RETURNS.
Gross returns from the second Christchurch wool sale on 25th January will amount to about £275,000, or £75,000 more than those for the first sale in December last. The increase in the exchange, coupled with the slight firming in the market itself, has meant an additional £50,000. The total gross returns from the' first two sales of this season are approximately , £475,000. At the second sale last season the actual returns, on a basis of £10 4s 4d a-bale, were £247,716. .-•: At ..this, sale, the market showed a^ distinct improvement on the preceding'sale, but'it receded again later in the season. In'the absence of any definite figures, last week's returns have been ; computed on the basis of £11 a bale. At the first sale', the.price a bale' was roundly £9, taking into account the large proportion .of crutchings that was offered. Though the bulk of the fine wool advanced- 2d a lb on this occasion, the over-all advance has been assessed at l%d.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19330201.2.120
Bibliographic details
Evening Post, Volume CXV, Issue 26, 1 February 1933, Page 10
Word Count
165CHRISTCHURCH WOOL RETURNS. Evening Post, Volume CXV, Issue 26, 1 February 1933, Page 10
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in