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WOOL MARKET

WELLINGTON REALISATIONS TOTAL OF NEARLY £2,000,000. (Pee United Press Association.) ' WELLINGTON, May 7. The gross value of the wool sold at the April sale in Wellington was £133,778, thus bringing the total proceeds for the five sales held in this centre during che 1933-34 season up to £1,923.838, compared with only £702,295 for the five sales held last season, an increase of £1,221,543. Official returns compiled by the Wellington Wool Brokers’ Association show that at the sale on April 24 15,978 bales were offered, of which 11,073 bales, or slightly over 73 per cent., were gold, 4305 bales being passed in. The net weight of the wool gold was 4,158,1351 b. The gross proceeds of the sale were £133,777 15s Bd. The average price per bale whs £ll 9s and the average price per lb was 7.692 d, the lowest of the season.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19340508.2.75

Bibliographic details

Otago Daily Times, Issue 22256, 8 May 1934, Page 8

Word Count
145

WOOL MARKET Otago Daily Times, Issue 22256, 8 May 1934, Page 8

WOOL MARKET Otago Daily Times, Issue 22256, 8 May 1934, Page 8

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