LOW WOOL RETURN.

New Zealand Herald, Volume LXIX, Issue 21153, 9 April 1932, Page 12

LOW WOOL RETURN.

AUCKLAND SEASON TOTAL. DROP OF £13,000 SHOWN. DECLINE IN RECENT YEARS. The continued fall in wool prices this season has resulted in a decline in the aggregate receipts of Auckland growers for Hie season of £13,003, compared with tho figures for the previous season. The drop last season, compared with 1929-30, was £174.911. A complete review of the 1931-32 wool selling season in Auckland is made possible by the receipt of the official returns for the final sale, held on March 19. The offering was considerably heavier than usual, and comprised 20,355 bales, as compared with 16,957 nt- tho final sale last year. The comparative success of that sale probably led many into waiting for the corresponding sale this year. Of last month's offering 16,119 bales were sold at an average of 3.702 cl per lb., compared with 6.54 d a 11). at tho final sale last year and 6.31 d at the corresponding sale of 1930. The following comparative table gives the complete returns for the current season with those for the five previous seasons : 1920-27 Aver,itie n bnle. Total. 'November .. X' 15 5 7 £'204.000 February . • • . 17 3 4 348.000 March . . . . 10 18 4 11)0.000 Sanson's total i'7'lß,ooo 1927-28 November . . £2l. 9 0 £190,000 Februnry . ; . . 23 5 2 518,750 March . . . . Season's total £1,013,700 1928-2 November . . £22 11 0 £495,870 February .. .. 18 11 8 495.850 April .. .. 10 2 8 29,920 Season's total ■ • . . . . £1,021,082 1929-30 — November . . £ls 9 2 £238,125 February .. .. LI n 1 140.494 March .. .. 8 IS 10 114.098 Season's total . - . . . . £498,717 1930-31 November .. £0 13 2 £100,75.9 Jnnunry .. .. 513 5 74,898 March . . . . 9 0 10 148,150 Season's total £323,800 1931-32 November .. £7 510 £103,131 January . . . . 011 1 121,253 March .. .. 5 7 3 80.419 Season's total £310,803 The total number of bales sold during the season was 48,762, compared wil.ii 44,202 in the previous season. SEASON IN AUSTRALIA. LARGER CLIP YIELD EXPECTED. (Received April 8, 8.55 p.m.) SYDNEY, April 8. Including this week's sales 993,146 bales of wool have boon sold in Sydney this season, realising £11.340.000, Tho total of the Australian sales to March 31 was 2,203,367 bales, leaving 405,176 bales for succeeding auctions. It is anticipated that tho total clip will yield about £30,000.000, compared with £27,645,745 last, year and £33,924,062 in the 1929 30 season.