WOOL MARKET
DUNEDIN APPRAISAL. (By Telegraph—Press Association.) DUNEDIN. April 29. Returns for the final wool appraisal in Dunedin have now been announced. Though the total number of bales appraised on April 9 represented a decrease of approximately 7000 on those sold at auction on April 19. 1939, the decrease being due to the unfavourable spring of 1939, the diversion of a quantity of wool from eastern Southland to Bluff and the appraisal of North Otago wool at Oamaru. the total proceeds from the recent appraisal represented a comparatively small decrease on the returns from the last wool sale of 1939. This was because the average price a bale last year was £ll 18s sd, or B.Bd a lb as against £IG 9s lOd a bale, or 12.13 d a' lb in the appraisal earlier this month. Details are as follows: —Wool api praisal. 16.305; total proceeds, £258,881 3s lid; average price a lb.. 12.13 d; I average price a bale. £l6 9s lOd. Wool I sale. April 19. 1939: Bales sold. 23.594: I total proceeds. £281.292 bls 4d; average price a lb, 8.8 d; average price a bale. £ll 18s sd.
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Bibliographic details
Wairarapa Times-Age, 30 April 1940, Page 10
Word Count
191WOOL MARKET Wairarapa Times-Age, 30 April 1940, Page 10
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