WOOL INDUSTRY REGULATIONS AND COMMITTEE.

New Zealand Journal of Agriculture, Volume XXX, Issue 2, 20 February 1925, Page 141

WOOL INDUSTRY REGULATIONS AND COMMITTEE.

The Board of Trade Wool Industry Regulations of 1921 were revoked last month by Order in Council and new regulations substituted, the main provisions of which are as follows : The Minister of Agriculture may appoint a Committee,' to be known as the New Zealand Wool Committee, consisting of a Chairman (who shall be a producer), two representatives of wool-brokers, two representatives of wool-growers, and such other persons as he may from time to time decide, to hold office during his pleasure. At any meeting of such Committee three shall form a quorum. The Committee may from time to time determine the maximum aggregate quantities of wool that may be offered for sale by public auction in any period, and may with respect to any specified sale by public auction fix the maximum quantity of wool that may be offered. It shall not be lawful for any person holding a license under the Auctioneers Act to offer wool for sale by public auction, except that he shall have obtained a permit issued by the Committee on behalf of the Board of Trade, and shall have deposited with the Committee an undertaking that he will faithfully adhere to such directions as the Committee may give in writing from time to time to the local Woolbrokers’ Association of which he is a member as to the maximum quantity of wool that may be offered at any specified auction sale. The following Committee has been appointed : W. Perry, Masterton (Chairman) ; B. E. H. Tripp, Timaru ; and R. Silburn, Hunterville (representatives of wool-growers) ; W. S. Bennett and A. E. Mabin, Wellington (representatives of wool-brokers) - British Market for Peas and Beans. — The following advice was cabled by the High Commissioner, London, on 7th February.: Peas— Blue: Japanese firmer ; ex store quoted at £24 10s. per ton ; February-March shipments, £24 17s. 6d. ; Dutch ex store, £24. Partridge in poor demand ; good English quoted at 555.. to 60s. per 504 lb. ; New Zealand, 655. to 755. ; Tasmanian, 755. to 82s. 6d. ex store, according to quality. Beans English slow at 455., to 555. per 532 lb., according to quality choice old spring offered up to 655. ■ Chinese horse spot sold at £lO 15s. per ton ; forward shipments not being offered. .