Wellington Returns

Grey River Argus, 17 April 1940, Page 10

Wellington Returns

NEARLY £2,000,000. WELLINGTON, April 16. The gross, proceeds of the March appraisement of wool in Wellington, in which the whole offering of 17,551 bales was sold, were £304,083. This brings the total gross proceeds of the four appraisements made in Wellington this season up to £1,953,849, compared with £1,423,799 for the four auction sales held in 1938-39, an increase of £530,050.* The official return for the March appraisement, supplied by the Wellington Wool Brokers’ Association, is as follows: — Offered, bales . . 17,551 Sold, bales 17,5511 Net weight, lb 6,281,154. Gross proceeds £304,083/4/9 j Average, a bale £l7/6/6 I Average, per lb 11.619 d The gross proceeds of the four appraisements in Wellington this season compare as follows with those of the corresponding auction sales of the

AUCKLAND CHEQUE. AUCKLAND, April 15. The wool cheque for the Auckland Province this season totalled £1,375,086, a figure which has been exceeded only once in recent years. This is the fourth year in succession that the realisation has topped the £1,000,000 mark, the distribution last season, being. £1,061,743. The record of £1,528,545 was established in 1936-37.

last season:— 1 1938-39 1939-40 £ £ December ...... . 349,523 374,072 January . 333,418 621,196 February . 342,278 654,498 March . 338,580 304,083 .1,423,799 1,953,849 I'he following. table compares the average price a. bale ,of the wool sold in Wellington during the last three seasons:— 1937-38 1938-39 1939-40 £ s. d. £ s. d. £ s. d. Dec. 15 7 10 15 7 2 18 6 2 Jan. 16 7 5 14 15 9 18 14 6 Feb. 14 1 2 14 1 4 19 0 6 Mar. 14 17 2 14 1 .10 17 6 6