MONEY FOR WOOL
CHRISTMAS CHEQUE PAYMENT OF £290,790 FOURTH APPRAISAL RESULT Proceeds from the fourth war appraisement of wool for the season are now being distributed to woolgrowers in the Auckland Province. The cheques aggregate £290,790, bringing the total distributed to growers in the province for the current season to date of £679,000. This is approximately twice the amount paid out prior to Christmas under the auction system in peace-time. At the fourth appraisal, which took place between December 5 and December 9, a total of 16,194 bales was appraised. The net weight of wool was 5,640,0841 b and the average prices worked out at £l7 19s Id a bale and 12.39 d a lb. The price again averaged out higher than the average at which the British Government has purchased the whole Dominion clip. The results of the four appraisals so far made this season compare as follows: Average Bales per lb Value offered d C August (oddments) 3,985 a. 17 49,813 October .. 6,365 15.21 109,592 .November .. 12,878 12.84 229,124 December .. 16,194 12.39 290,790 The season’s fifth appraisement at Auckland is set down for January 26.
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Bibliographic details
Waikato Times, Volume 127, Issue 21304, 24 December 1940, Page 4
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187MONEY FOR WOOL Waikato Times, Volume 127, Issue 21304, 24 December 1940, Page 4
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