Dunedin’s Final Wool Appraisal
[Special to “Northern Advocate.”] DUNEDIN, This Day. Returns for the Anal wool appraisal in Dunedin have now been .announced. Although the total number of bales appraised on April 9 represented a decrease of approximately 7000 on those sold at the auction on April 19, 1939, this decrease was due to the unfavourable spring of 1939, the diversion of a quantity of wool from eastern Southland to the Bluff and the .appraisal of the North Otago wool at Oamaru. Total Proceeds. Total proceeds from the recent appraisal, represented a comparatively small decrease on the returns from the last wool sales of 1939. This was due to the fact that the average price per bale last year Was £ll 18/5, or B.Bd per lb., as against £l6 9/10 per bale or 12.13 d per lb, in the appraisal earlier this month. The bales appraised totalled 16,305. The proceeds amounted to £258,881 3/-.
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Northern Advocate, 30 April 1940, Page 9
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154Dunedin’s Final Wool Appraisal Northern Advocate, 30 April 1940, Page 9
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