NEARLY f4LOO.OOO

Evening Post, Volume CXXI, Issue 23, 28 January 1936, Page 12

NEARLY f4L00.000

LOCAL WOOL SALE CHEQUE

The value of the wool sold at the Wellington sale on January 6 totalled £395,858 2s . lid, compared witn £221,293 for the corresponding sale last year, the average price per bale being £13 2s 3:3 d. as against £9 14s l£d in January, 1934. A comparison of the two sales on figures supplied by the Wellington Woolbrokers' Association is as follows:— loari. 19: m. Bales offered 31.050 26,528 Bales sold 30,182 23.310 Bales passed 808 3,218 Gross proceeds £.'S93.S.jS £221,2!).1! Avge. price per bale £13 2s 3»id £9 14s IVid Avge. price per lb. 8.716(1 6.353 d The net weight of the wool sold this month was 10,899,6821b. The two sales held in Wellington so far this season have realised a total of £725,501, compared with £333,601 for the December-January sales of last season, and £1,052,818 for the corresponding sales of the 1933-34 season. The gross proceeds (shillings and pence omitted) of the two sales ttr.s season compare as follows with thosa of the corresponding auctions of 1931----35 and 1933-34:— 3 933-31. 1034-?,5 10S.--3S. December .... 415,596 112,308 329.643 January 673.222 221,293 390,83S Total ..1,052,81s 333,601 725,501 The following table compares the average price per bale for the first two Wellington sales for the three seasons: 1933-34. 1934-3r>. 1935-30. £ s. d. £ s. d. £ s. cl. Dec . 14 4 0% 817 9 12 12 OV4 Jan 20 5 S% 914 IV= 13 2 3% The average prices per lb for the two sales for the last three- seasons compare as follow: — 1933-34. 1934-35. "1935-30. d. o. a. Dcc ' 9.452 '5.983 8.3W j an ' 13.333 0.335 5.716