AUSTRALIAN WOOL, 1910-11.

Hawke's Bay Tribune, Volume I, Issue 178, 14 July 1911, Page 11

AUSTRALIAN WOOL, 1910-11.

A THIRTEEN MILLION CLIP. Every Australian wool year has its distinctive features, and the 1910-11 season, now closed, was no exception to the rule. .Although the New South Wales clip was not equal in intrinsic value to the clip shorn in the previous wool year, and although the prices paid did not rule on the same high plane as during the 19n()-10 selling season. tin 1 net. result of the year's op orations was profitable to woolgrowers and most selling brokers. There were several factors militating against a repetition of the phenomenal results of the previous year; yet. in spite of the drawbacks. both with regard to woolgrowing and wool-selling, the 191011 season was above a good average one ; and the great prosperity of the State at the present time is due in a very Large measure to the success of the wool-growing industry during the past, two seasons. When we shear and market a clip of over thirteen millions sterling from the Hocks of the State, and the wool has been grown on the pastures with practically no handfeeding of sheep, with no removal of Hocks, and with no losses of sheep, it is very evident the sea-

son has been a fair one, and the returns remunerative to growers, as well as profitable to those. whoj handle and dispose of the staple. i Thus while the season was not' I altogether an ideal one- not s-o ] -miginficent a one from the growi ing and selling point of view as in I the year 1909-10- still it was a very .'good one. for we must remember I tiiat it is only occasionally that all (the factors combine to a record! ; end. A number <>f factors enter! I into and determine the total re- i I suit s of every woo] year. These I I vary greatly, both with regard to J I the outside world, that (•on-uincs! i the wool, and our own internal ' \ economy in the growing and sheari ing of the wool. Climatic eoudiItions exercise a tremendous in-; [ fluence in the. growing. rhe : ! shearing. and incidentally, in : j the marketing of the wool. This ! season the New South XV ales ■ clean scoured yield than a last sei- . | son. Those features, coupled wr-ij i less than last year. The net pro-; ■duction for the year 1910-11 was; 1.0-lo.fMMi bales, est imated at £13.-* 0-17.666. as compared with 1,033.896 | bales in the previous year, valued 1 i at £14,1*1,606, the average value j per bale (greasy and scoured') being : £l2 10 11. as compared with £l3 14 4 last year. Thus there was an 1 increase of 6204 bales in the clip! ; and a decrease of £1,133,940 in the’ ! purchase money. I I