SALES OF WOOL
COMING SEASON’S CLIPS SLIGHT DECREASE EXPECTED United Press Association—By Electric Telegraph—Copyright (Received June 12, 1 a.m.) MELBOURNE, June 11. At a joint conference of the Australian Woolselling Brokers' Council and the Australian Woolgrowers’ Council, a statement was read estimating the Australian wool clip in 1936-37 to be 3,036,000 bales, compared with 3,140,000 in 1934-35. The average bale of the new season’s clip would be 305 lb, compared with 308 lb last year. It is estimated that 18 per cent, of the new clip will consist of crossbred and strong-wool breeds, the remainder being merino. It is expected that 2,760,000 bales will be received through brokers’ stores all over the Commonwealth.
The selling season will open at Sydney on August 31. There is now more than 1,420,000 bales offering to be sold before Christmas.
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Bibliographic details
Timaru Herald, Volume CXLI, Issue 20442, 12 June 1936, Page 10
Word Count
136SALES OF WOOL Timaru Herald, Volume CXLI, Issue 20442, 12 June 1936, Page 10
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