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WANGANUI WOOL SALE

PROCEEDS OF TWO SALES TOTAL OF OVER £760,000. YESTERDAY WAS PROMPT DAY. Although official figures were not ivaila i j yesterday, prompt date in respect tu the Wanganui wool sale held in February 24, it is certain that the U'oss proceeds will bring the season's realisations so far to over £760,0UU. It is estimated with fair accuracy that the average price per bale at the February side was between £l2 16s and £l2 JBs. Assuming that 29,000 bales were sold at the lower figure the sale wotdd produce £371,200 in gross proceedk It is fairly certain, however, that a greater numlrar of bales was disposed of and the average was higher than £l2 16s per*bale. The average price per bale at the January sale was £l2 17r 5d and tiiv gross proceeds totalled £392,209. £ Gross proccedi- January . .. 392,209 Gross proceeds, February . .. 371,200 £763,499

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19360310.2.43

Bibliographic details

Wanganui Chronicle, Volume 79, Issue 59, 10 March 1936, Page 6

Word Count
146

WANGANUI WOOL SALE Wanganui Chronicle, Volume 79, Issue 59, 10 March 1936, Page 6

WANGANUI WOOL SALE Wanganui Chronicle, Volume 79, Issue 59, 10 March 1936, Page 6