NEARLY £750,000

Evening Post, Volume CXXIII, Issue 27, 2 February 1937, Page 11

NEARLY £750,000

WOOL GROWERS' CHEQUE

LOCAL JANUARY SALE

The gross proceeds of the wool sale held in Wellington amounted to £746,007 9s lid, according to the official report of the Wool Brokers' Association. This compares with a return of £395,858 for the January sale last year, and £650,663 2s 8d for the sale held here in December. The two sales held in Wellington this season have returned to the growers a total of £1,396,671, nearly double the total of £725,501 for the first two sales of last season. The January sales Of 1937 and 1936 compare as follows:—

Of the wool sold last month 776 bales were bought by local mills. The net weight of the wool sold was 10,975,1971b, compared with 10,899,6821b in January, 1936. The gross proceeds of the first two sales in the 1934-35 season amounted to £333,601, and for the first two sales of the 1933-34 season £1,052,818. The average prices per 3b for the first two sales of the last three seasons compare as follows:— 1030-37. 1835-30. 1931-35. rl. ■ U. iITier; 14.010 5.330 S.B»:i Jan 1C.313 8.710 «.33j The roads committee of the Automobile Association (Wellington) reports that the work of building an overbridge over the railway line at Otaki has beeh commenced by the contractor.

1037.' l'JSO.' Bales offered ::0,72-l Sl.OSO Jialos soW 30,00(1 30.1S2 Bales passed 25 8(18 Gross proceeds £740,007 £393,838 Avk. prlco per bale ... £24/0/- £13/2/3% Avg. price per lb lG.313d S.710rt