PROCEEDS FROM WOOL
DUNEDIN FINAL APPRAISAL (By Telegraph. —Press Association) DUNEDIN, Monday Returns for the final wool appraisal in Dunedin have been announced. Although the total number of bales appraised on April 9 represented a decrease of approximately 7000 on those sold at the auction on April 19, 1939, this decrease was 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. Total proceeds from the recent appraisal, nevertheless, represented a comparatively small decrease on the returns from the last wool sales of 1939. This was due to the fact that the average price per bale last year was £ll 18s sd, or B.Bd per bale as against £l6 19s lOd per bale or 12.13 d per lb in the appraisal earlier this month. The bales appraised numbered 16,305, the proceeds amounting to £258,881 3s.
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Bibliographic details
Waikato Times, Volume 126, Issue 21100, 30 April 1940, Page 2
Word Count
153PROCEEDS FROM WOOL Waikato Times, Volume 126, Issue 21100, 30 April 1940, Page 2
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