Wool Export.

Wairarapa Standard, Volume XX, Issue 2032, 18 February 1887, Page 2

Wool Export.

Many English farmers who arc now struggling with adversity can remember the time when the wool of their sheep would pay the rent. 'l'hose palmy days have gone, never to return; for the United Kingdom now imjxrrts only five hundred million pounds of wool ner annum, most of which comes from Australasia and Gape Colonv. The rjuimtitv exported by Australasia in 1883 was Id. t.-'idd.-jbL’ibs, and by Cape Colony , 38,U2tt,4flolbs. and the’total value was upwards of twenty-three millions sterling. How very iuijfortant to the colonial farmer in the southern hemisphere is the price of wool on the English market may be judged from the fact thu, a dillbcence of only one farthing per poue l in the .-oiling value of the wool exported in a single year, 188U, would make a ditferem. amounting to nearly half a million sterJing ui the aggregate value. The total value of the wool imported into the United Kingdom from our colonies of Australasia and the Cape since 1831 estimated at the average selling price in London, of the last twenty .five years is *421,121,192, of which £77 Hdd, ?21reiirm seuts the South African exports This splendid creation of wealth can bo better appreciated when it is stated that the total uluo of all gold found in Australia has not yet reached three hundred millions sterling.—Farmers’ Gazette.