GOLDEN FLEECE.
AUSTRALIA'S BIG YIELD. (United Press Association—By Electric Telegraph—Copyright.) SYDNEY, May 1. An official review of the Australian wool clip for the past .year shows that the gross return was £67,000,000. The ■ estimate of the National Wool Council that 2,250,000 bales would ho received into store has been confirmed. This is 250,000 bales fewer than in the preceding year. While wool showed a shrinkage of 5 per cent, ill weight, the) trend of prices was consistently upward. The values of merino wools throughout the season was generally 10 to 15 per cent, above the preceding yea.r. Choice super fine merino fleece lines were about Id lower owing to the absence of American inquiry.
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Bibliographic details
Timaru Herald, Volume CXXV, Issue 17945, 2 May 1928, Page 13
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114GOLDEN FLEECE. Timaru Herald, Volume CXXV, Issue 17945, 2 May 1928, Page 13
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