Page 5 Advertisements Column 2

Hawera Star, Volume XLVII, 16 June 1928, Page 5

In the course of his review of the D.-minion’s primary industries, in his address to shareholders of the Bank of Sew Zealand at Wellington to-day, Sir ueorge Klliot, referring to wool-grow-ing, stated: The amount of wool prodiced in New Zealand for 1927-28 is a).out 100,(XX) hales greater than that of the previous year, and in value 010,691,385, compared with £11,915,781 for 1923-27. When 1 was in the Old Country last year I visited Bradord, and learned that stocks of* wool luuli not been so low for many years. The majority of the manufacturers were living, as one might say, from hand to mouth, and there was little wool in brokers’ stores. This state .f affairs implies that the huge stocks accumulated towards the end of the War period, and for some time after, had been absorbed. It also, I think, implies that wool growers should have a prosperous time for some years to come. The total sheep and lambs’ wool imported into the United Kingdom for the vear ended 31st December, 1927. was 822,540,0001'b5, valued at £59,796,.552, of which the importations .from New Zealand were 190,47G,7G01'b«, valued at £13,974,400.