THE WOOL CHEQUE

Manawatu Standard, Volume LXI, Issue 126, 30 April 1941, Page 3

THE WOOL CHEQUE

WELLINGTON’S FINE RETURN. WELLINGTON, April 30. The total gross proceeds of the wool ap praised in Wellington during the current season amounted to £2.092,15 1 6s 4d, tins highest figure for several years. '1 here svore live appraisements, and' the total quantity of wool sold was 108,170 bales. 'I lie average price a bale for the five appraisements was £l9 6s lOd, compared with £lB 6s lid for the 1939-40 season. At the first appraisement on November 8, £857 bales were disposed of. the gross proceeds being £112,084 13s 4d. an average of ,Cl 92s 9d a bale. A total of 11.198 bales was disposed of in the second appraisement on December 2, the gross proceeds being £220.132 17s 6d. an average of £l9 13s 2d a bale. Another appraisement on December 20 disposed ot 27,338 bales, realising £541,485 16s lOd, an -average of £l9 16s 2d a bale. The appraisement of January 31 disposed of 33.984 bales, the gross proceeds lining £669.856 18s Bd. an average of £l9 14s 2d a. bate. Tim fifth and final appraisement of March 24 saw 29,793 bales sold, the gross proceeds being £548,591, an average of £lB 8s 3d a bale. • The gross proceeds of the wool sold in Wellington by auction in 1938-39. and under the Government appraisement since then, arc compared in the following table: — 1938-39 1939-40 1940-41

The following table compares the average price a bale of Hie wool sold in Wellington during the last three seasons: —

£ £ 112,035 Dec 349.523 374.072 220.133 Dec. 20 ... — — 541.486 393.418 621.196 669.857 Fob 342.278 654.498 — .Mar 338,580 304.083 548.591 £1.423.799 £1.953.849 £2.092.152

Nov. ... 1938-39 £ s .1 1939-40 £ s cl 1940-41 £ s cl 19 2 9 • Doc. ... Dec. 20 .... 15 7 2 18 6 19 13 2 19 16 2 .Jan .... 14 15 9 18 14 6 19 14 2 .Feb .... 14 1 4 19 0 6 — Mar. ... .... 14 1 10 ' 17 6 6 18 8 3