DEMAND FOR WOOL

New Zealand Herald, Volume LXXII, Issue 22240, 15 October 1935, Page 5

DEMAND FOR WOOL

COMPETITION IN SYDNEY LATE RATES MAINTAINED (Received October 14, 9.5 p.m.) SYDNEY, Oct. 14 At the Sydney wool sales to-day 13,150 bales wero offered and 12,334 sold. Also, 1584 bales wero Bold privately. There was very strong general competition, chiefly from Yorkshire, Japan and the Continent, and values wero fully equal to last week's closing rates.

Greasy Merino made to 221 d per lb., which equals the highest price of the season.

The average price last week was £ls 14s od a bale, or 12.3d per lb.

GRADING OF PIGS HIGHER BRITISH STANDARDS ( KROy OTJR OWN CORRESPONDENT] HAMILTON, Monday Referring to the grading of pigs, Mr. W. A. Phillips, chairman of directors of the New Zealand Co-opcrativo Pig Marketing Association, "Limited, said the percentage of "unexportablcs" was now almost double that in previous years. While this was unfortunate from the producers' point of view, owing to tha more exacting requirements recently imposed by the British authorities, there was only one reasonable course open, namely, to set out without delay, by more careful and improved management, to eliminate the causes of the losses involved. Mr. Phillips advocated tho grading, as well as inspection, of pigs by Government officials. Such a course would, from the producers' point of view, remove all obstacles to the adoption of an improved system of grading, which was vital to the futurh welfaro of the export business, moro particularly in the case of baconers, in which tliP Dominion was substantially competing against tho high standard of Denmark's product.

BREWING INDUSTRY IMPROVEMENT IN RESULTS Brighter conditions were 'experienced in the brewing industry during 19134-35 than in either of the previous two years. The abstract of statistics reports that although tliero wero two fewer establishments reporting operations than in 1933-34, persons employed in the industry and salaries and watres paid advanced by 5 per cent and 10 per cent respectively. The cost of materialsused increased by approximately £54,000, or 19 per cent. The value of products, £1,091.106, was over £IBO,OOO greater than in 1933-34. and was the highest recorded since 1930-31. "Added value" advanced from £621,041 in 1933-34 to £748,098 in 1934-35. nn increase of 20 per cent.