AUSTRALIAN TURNOVER

Evening Post, Volume CXV, Issue 108, 10 May 1933, Page 12

AUSTRALIAN TURNOVER

INCREASED SALE OF WOOL

AVERAGE PRICE BETTER

(Received May 10, 11 a.m.) SYDNEY", May 9. . The Commonwealth wool sales to the end of April represented a twrnoicr of £30,060,192, as compared with £27,250,447 during the first ten months of last season. The sales totalled 2,065,015 bales, us compared with 2,435,038 bales disposed of last season. The average price per bale for greasy wool was £11 4s 2d, or 8.63 d per pound, as compared with au average of £11 3s 5d per balo and B.od per pound for last season. Sydney sales averages "for the mouth of April and part of May were as follows:— April 8, 8.93 d per lb; April 22, 8.44 d; April 29, 7.97 d; May 6, 7.26 d per lb. Winchcombe, Carson, Ltd., report that Australian production for the season ended March 31 was about 3,100,000 bales and exceeded the record quantity of the previous year by'so,ooo bales. Revenue from wool was' £4,000,000 more than last year, the 1932-33 clip being valued at £35,500.000 in Australian currency. Hut the clip has increased by over 300,000 bales during the past two years. Wool scales in Australia this season and last season were as under: — Hales. Bales. Ap. Ito Mar. 31. 1931-32. 1932-33. Sydney 1,093.860 1,312.380 Melbourne and Albury 444.673 510,403 Geelong 169,1013 '204,123 Brisbane : 495.0P4 406,848 Adelaide 185,794 268,145 West Australia 173,577 103,564 Tasmania 43,400 43,705 Total 2,603,603 2,989,343