WOOL RECORD

Gisborne Herald, Volume LXX, Issue 21261, 25 November 1943, Page 2

WOOL RECORD

GISBORNE CROSSBRED HOGGET FLEECE AT 19£d FIRST PAYMENTS TO-DAY Gisborne has provided the highest price for crossbred wool for New Zealand since the war appraisals commenced four years ago, and it is higher even than the Auckland crossbred price quoted a few days ago. The- Auckland crossbred price announced was 17{d per lb, but at the first Gisborne appraisal of the season on November 11 this was exceeded in many instances, and Mr. H. W. Barker's well-known Rototahi station secured the exceptional price of 19Jd for his AA hoggets. This price, which was the highest in New Zealand since the Government appraisals commenced at the start of the war, was all the more remarkable because it was secured for U bales, or approximately 30 per cent of the hogget lieece wool from that clip. Other clips in which Mr. Barker was interested realised up to 18£-d, six bales of AA hoggets from Waimanu station realising this figure, and six bales, also of AA hoggets; from Poututu 18:1 d. In addition to these prices from properties in which Mr. Barker is interested, prices among other well known district clips are known to have ranged from 18d to 18Ad., while in numerous instances there were prices of 17kl and 173 d. Best Quality For Some Years

Most of the wool submitted was priced at comparatively high figures, its quality being among the best the district had known for some years, and, prices were up from Ad to ijd per lb. on the average, according to farmers’ reports. This was substantiated in the official figures giving the realisations, which showed that the average price per bale at the three centres was more than £2O. compared with £l9 8s a year ago. while judging on the average weight of the bales tlie average price per lb. would work out at about 14jd.

To-day is prompt day for the appraisal a fortnight ago, and £140,430, minus the usual deductions, is being paid out to growers whose wool was disposed of in the three appraisal centres of Gisborne, Tokomaru Bay and Tolaga Bay. The position is tabulated below: — Bales. Realisation £ s. d. Gisborne .. 4386 80,223 18 9 Tokomaru-Bay 1483 32,006 16 6 Tolaga Bay .. 1037 22,199 Hi 8 Totals . . 6906 140,430 11 11 The number of bales submitted at this appraisement was lower than the first of the past season, when 9755 bales were disposed of with a total realisation of £189,820. Shearing was held up during the early part of the season because of wet weather, but the fine and hot conditions, of the past week or so helped considerably, and the wool is coming into the stores at the three centres rapidly now.