WOOL PURCHASE SCHEME.

Poverty Bay Herald, Volume XLIV, Issue 14195, 12 January 1917, Page 9

WOOL PURCHASE SCHEME.

I -..•-■ • A TOTAL OP £1,800,000 ALREADY DISTRIBUTED. (Special to Herald.) WELLIN'OTCJN, this day. Tina -first two valuations of New Zealand wool under the' lmperial purchase ; scheme resulted in producers receiving I £1,800,000. The money has been distributed evenly -from "Christchurch to Auckland. About 90,000 bales have been valued, half of ' which ' has been shipped. This represents a little over one-tilth of the estimated ' total season's clip. ' The Hon. W. D. S. MacDdnald, Minister of Agriculture, states that the valuation figures have ' worked put close to expectations on both sides. The" woolgrowers appear to, have been very satisfied. In connection with" 23,000 bales included in the last valuation at Wellington, there were practically no disputes ;or appeals. There*;' were • a few appeals in Dunedin, .where very large ! valuation was hold, but Only ono was substantiated. 'A number of appeals were lodged in Christchurch, but they were settled' ■without "'niucli difficulty. In Auckland arrangement's 'are 'going on satisfactorily with -practicably no appeals. There have been only two, or three appeals at Gisborne, and they will probably be withdrawn wheii' a proper explanation is made by the supervising valuer. V