The Average Bale of Wool.
sue iVi.v.-c vdu v.; ci odomd v,.-. 1, v-!!:;'; mas vcncd ir-'-m iT- I*., ,C2d 30s during the past 25 yoeis =tivu f..r the year la3l at ilo or withm 5a of me iowes: point touched during a qiuitr-r of century. 'if it be true that 11 the night is darkest before tho dawn," an improved time /or wool growers must surely be close at hand. The record for tire period named shows that the value p*a Ule uiifm hj over the waolc years has averaged , 4 ,”i0 ids 4d. The Lichen acme rescued v»i tits 10s in '"-72, tint sen-atior.:.! yr.tr .□ the wool trade when or.iiuarv scoured S.:a up to 2? tjjpei lb, ana greasy to about ii a • tits lowest point for prices was as tar back as when .creasy wod had cot t= low as GJ, aud washed fleece 3s 2ul per li>. Since then colonial wool, la wine per bale, hj:- never reached so lew a point as it did last year. It must be bcinu iu mind, howaver, that the tendency to shear in the grease has been gradually increasing of hue years, and the clip of 1833-1 contained perhaps a larger proportion of greasy wool than any previous clip in the history "of the trade, so that although the average value per bale of our staple appears to have fallen very low, the value per lb is still considerably above the lowest point yet reached. What the average per bale will be for 1885 when its record is complete, it is hard to say; but on the basis ot present prices it will bo even lower than that of 1880. Assuming the average bale to contain 100 fleeces, which is perhaps an outside estimate, the gross return of last year Id be 3s 2idper sheep, not a very hande figure when it is considered that the actions for freight, insurance, warehouse :ges, ecmmissioD, and other espouses absorb about 5 per cent., leaving the producer a trifle over 2s lid per fleece; —Sydney Papers.
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https://paperspast.natlib.govt.nz/newspapers/WAIST18850422.2.19
Bibliographic details
Wairarapa Standard, Volume XVIII, Issue 1672, 22 April 1885, Page 3
Word Count
344The Average Bale of Wool. Wairarapa Standard, Volume XVIII, Issue 1672, 22 April 1885, Page 3
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