WOOL SEASON RESULTS

Evening Star, Issue 23335, 3 August 1939, Page 9

WOOL SEASON RESULTS

SMALL NEW ZEALAND CARRY-OVER QUANTITIES SOLD AND AVERAGE PRICES UNITED KINGDOM EASILY OUR BEST CUSTOMER There will be a very small carry-over of greasy wool into the 1939-40 season. At the end of June it was estimated by Dalgety and Co. Ltd. that the greasy wool held in brokers’ stores and growers’ sheds was 28,868 bales. This quantity will be materially reduced by disposals of crutchings, etc., at the winter wool sales now in progress and also by direct shipments, so that the hew season will open with a minimum carryover of old wool. In its annual review of the New Zealand wool season, 1938-39, Dalgety and Co. Ltd. give the production, as 803,831 balea < of greasy wool and 117,290 bales of slip© and scoured wool, a total of 921,121 bales. The quantity carried over at June 30 last is given as 28,868 bales of greasy wool, 1,592 bales of scoured, and 15,141 bales of slipe, a total of 45,601 bales. , The quantities of wool sold and the average price a bale realised at the various selling centres were as follows:

SEASON’S RESULTS COMPARED. The following table compares the results of the New Zealand wool sales for the last two seasons:—

During the 1938-39 season the quantity of wool sold increased by 90,531 bales, or 29,847,6261 b, and the gross value by £358,470. The average price a bale was lower by 26s Id, and the average price per lb was .87d less. Of the 720.202 bales of wool sold in New Zealand during 1938-39 717,144 bales (99.58 per cent.) was greasy wool, and 3,0581 b (.42 per cent.) scoured and slipe. The greasy wool realised £9,344,. 663 and the scoured and slipe £41,712. Of the total quantity sold 704,278 bales (97.99 per cent.) was cross-bred or other strong wool, and 15,924 bales (2.21 per cent.) merino Fleece wool comprised 695,707 bales (96.60 per cent.), and lambs 24,495 bales (3.40 per cent.). DISTRIBUTION OF N.Z. CLIP. The distribution of the wool sold in New Zealand during the 1938-39 season was as follows:

The following table compares the gross realisations and the average prices a bale and per lb for the last 17 seasons;—

TIN SUPPLIES Press Association —Bv Telegraph—Copyright LONDON, August 2, (Received August 3. at 11 a.m.) Tin: The world’s visible supplies are 22,654 tons; straits carry-over, 2,167 tons; supplies, 8,322; deliveries, 8,442.

Average Bales a bale sold. £ s. d. Auckland ... 86,617 12 17 6 Christchurch ... 102,705 12 11 0 Dunedin ... 103,046 12 15 1 Invercargill ... 50,730 12 6 11 Napier ... 121,868 13 2 0 Timaru ... 47,733 12 15 4 Wanganui ... 76,085 12 19 10 Wellington ... 127,403 14 3 1 Blenheim 94 Gisborne ... 3,921 — 720,202 —

1937-38. 1938-39. Bales sold ... 629,671 720,202 Net weight lbs 215,765,556 245,613.182 Weight a bale lb 343 341 Gross proceeds £9,027,905 £9,386,375 Avge. a bale £14 6 9 £13 0 8 Avge. per lb 10.04d 9,17d

United Kingdom Bales. 316,817 France 147,444 Japan, China, India 31,714 Germany 20,221 Belgium and Holland ... 37,233 U.S.A, and Canada 48,600 Egypt and Mediterranean ports 7,329 Russia, Norway, Sweden, Denmark and 19,462 Poland and Czecho-Slovakia 6,782 Australia and Tasmania 34,300 Local manufacturers 27,800 Local scourers 22,500 720,202

Average price Gross value. A bale. Per lb. £ £ s. , d. d. 1922-23 7,930,942 16 12 7 10.85 1923-24 11,623,924 23 1 5 15.78 1024-23 13,537,344 29 5 0 20.21 1925-20 8,262,847 16 16 2 11.93 1926-27 9,208,118 17 18 8 12.70 1927-28 13,004,200 23 18 4 16.67 1928-29 12,217,382 21 4 6 14.88 1929-30 5,150,897 12 1 0 8.55 1930-31 3,558,587 7 19 10 5.67 1031-32 3,571,776 no 4 5.26 1932-33 4,327,692 7 10 3 5.15 1933-34 10.451,565 16 1 3 11.07 1934-33 4,486,480 9 7 0 6.54 1935-36 10,083,297 13 6 5 9.13 1936-37 15,344.231 22 6 8 15.71 1937-38 9,027,905 14 6 9 10.04 1938-39 9,386,375 13 0 8 9.17