WOOL REALISATIONS.
PROCEEDS FROM WELLINGTON' SALES. CONSIDERABLE IMPROVEMENT ON LAST YEAR. WELLINGTON, March 9. The gross value of wool sold at the second Wellington sale, on February 15, was £412,001 10s 7d, compared with £189,740 3s 5d for the corresponding sale in 1933. The amount realised was more than 50 per cent, less than for the Wellington January sale, which returned £637,222, and was £3595 less than for the Wellington December sale. Official returns compiled by the Wellington Wool Brokers’ Association show that at last month’s sale 30,392 bales were offered, of which 26,731' bales, or nearly 88 per cent., were sold. The net weight of wool sold was 9,658,8281 b. The gross proceeds totalled £412,001 10s 7d. The average price per bale was £l5 8s 3d, and the average price per pound 10.204 d. At the corresponding sale in February, 1933, the average price per bale was £7 9s 6d and the average price per pound was 4.963(1 The three sales held in Wellington so far this season have realised'a total of £1,464,819 3s 9d, compared with £522885 17s 8d for the December, January and February sales last season?—(P.A.)
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Wairarapa Age, 10 March 1934, Page 5
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190WOOL REALISATIONS. Wairarapa Age, 10 March 1934, Page 5
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