THE WOOL REQUISITION.

Press, Volume LVI, Issue 16725, 7 January 1920, Page 6

THE WOOL REQUISITION.

POSITION AT HOME. (SPECIAL TO "IUK PRESS."* AUCKIANT>, January 6. "Matters connected with the Imperial requisition of wool wore discusscd today by Mr A. W. Perkins, chairman of tho Aucklnnd "\Voolbrokers' Association. Mr Perkins stated that thoro was great congestion in the stores in England just now, and according to Latost advices, thero appeared to bo little likelihood of tho stored wool being disposed of before the noxt season's clip was ready for marketing. He added that apparently every effort was being niado by tho Imperial authorities t« case the congestion in the stores, and wool was now* being sold on description instead of being displayed for inspection by tho tpros]*ective Imyore: This method or salo was rendered necessary owing to inneli of the wool being stored at centres distant from tho places at which tho sales wore held. Apparently the results of such sales had been satisfactory, as a certain quantity of wool for sale "by description" -was included among the offerings at o,vli wool sale. Mr Perkins said this method of selling obviously facilitated tho of tho woof, as it savod the time occupied in preparing it for exhibition, and also conserved space !in tho stores. In regard to what was likely to happen at the termination of tno requisition period nt the end of the present season, Mr Perkins said it appeared likely that delay would occur in geting next season's wool marketed. It was only reasonable to that the Tinnorial Government would transport and sell the material it had purchased l>eforo it allowed tho new season's wool to reach tho market. This, however, should not cause a great amount of inconvenience, as unlors something unforeseen occurred, reasonable advances would 110 doubt be obtainable by tho wool growers on the new season's clip ponding its transport and sale. Referring to the matter of the surplus profits on wool not required for army purposes. Mr Perkins s:iid it apto bo extremely unlikely that any division of profits could take place until tho whole of the wool nurenase'l under the requisition had been disposed of Lnr<:o stocks of wool ho/1 been held in various places during tho war, and difficulty was still being experienced in finding storage space in Kmiland, while it was impossible to reliably estimate the various charges that would bp ineurrrd before tho whole quantity obtained under the requisition had )>con disposed of. This meant that the whole of the wool now held in store, ns well as the present season's clip, would hm-e to bo sold, and all charges met, before any allocation of profits lietween tho Imperial authorities and tho woolgrowcrs could bo made.