THE PRICE OF WOOL.

New Zealand Tablet, Volume XXX, Issue 21, 22 May 1902, Page 13

THE PRICE OF WOOL.

The quantity of wool annually grown in New Zeuhuxl amounts to about 1.10,000 OdOlb. of which onh .ibout 5 000 nOOlb .ne ma nufacture,d locally As the wine ol our e\poited wool (sa\s tin New Zealand Times' ) h.is i iscn l>\ Pd to 2d pei lb as compared with 1 lie juices pie\ailm!g twel\e months ago it follows that the re\<'iiue of our ilockowners will ha,\e im leased by between £<)00,000 and £1 200 000 The L^enei al eflert of Ihe disti iKut io*i of so much inone\ m the <<xuntiv will doubtless be beneficial to .ill classes or traders Indeed, it is coin Jidently a^-sei ted that the rise m wool has iiM'i ted a depression m New Zealand