TEN MILLIONS AND A-HALF

Dominion, Volume 10, Issue 3128, 5 July 1917, Page 8

TEN MILLIONS AND A-HALF

FOR SEASON'S WOOL A WOOL FIRM'S REVIEW The qimittilics and values of tho 191617 wool clip of tho .Dominion niafto intercitinij Tcading. Messrs. Dalgoty nnd Co., in their statistics for the wool year (July 1 to .Tune 30) so far as May 111 intlicalo a i'orniidablo Australasian decrease in exports. The exports for tuo eleven, months under review compared with tho corresponding period 'of. last year aro as follow: — inis-16. 1016-17. Bales. Uales. Commonwealth l,. r )38,56R J.167,83fi i\nw Zealand 470,662 381,682 Totals 2,018,230 1,5-19,518 Tho decreases are—Commonwealth 370.732 bales; , . New Zealand 07,080 bales. The total Australasian not decroaso in oiporU for 1916-17, compared with 1915-16, is df!8,712 bales. Of tho Australian States only. South Australia and Tasmania increased, thoir exports. But tho ; reason for this shrinkage in. exports is duo to shortagn of tonnage. With respect to New Zealand, and quoting figures so lato as June 30, there have been shipped since December ], 1918, through the Imperial Supplies Department, 287,030 bales greasy and H917 bales scoured wools, or 290,956 bales. Thoro have been valued 482,704 bales of wool, of which 476,265 have been, paid for. The total pftymenls by tho Imperial Supplies Department have reached ,£11,113,945, or, including dipe wool from freezing companies, Tho first tablo herounder shows the amount paid out by tho Imperial Supplies Department . oh account of wool in each valuing centre; and with mspect to tho valuing it fliouM bo remembered that Porerty "Bay includes Tokomaru Bay, Tologa Bay, and Gisborne; Wellington includes Wanjanui and Waitara; Canterbury includes Tpliristchurch a.nd Timaru; Otajo includes Dunedin and Oamaru. At each of these pla.ce9 named wool was received, displayed, and valued. Tho individual pay-outs are as follow:—

Centre. Paid Out. X s. d. Auckland • 741,452 i 5 Poverty Bay 1,009,404 5 1 Hawke's Bay 1,1)77,817 12 6 Taranaki 132,063 0 i Wanpanui 557,3-16 U I Wellington 2,69.9,943 0 0 Nelson fH,s9fJtll Marlborough 143,531 12 3 Canterbury 1,667,231 18 5 'M«S? 1,018,795 17 2 Southland 548,588 12 2 North Island 7,118,117 2 8 South Island 3,497,743 11 11 'Mil for Dominion... .£10,G15,860 U 7 These returns aro net.for the v wool, and exclusive of brokerage, shipping, storage, administration, and other charges. The quantities submitted a.nd their average price per bale work out as follow:— I Average Number per bale. Centre. of bales., £8. d. Auckland 34,700 21 7 4 Poverty Bay 44;C0 22 11 9 Hawke's Bay 80,425 2217 8 Taranaki 6,587 20 1 0 Wnnganui 24,840 22 8 3 Wellington 113,938 23 13 9 Nelson 5,842 lEf 12 3$ Marlborough 8,910 21 9 9i Canterbury 73.P65 22 11 5J Otago 49,7(51 20 9 5 Southland 28,707 19 2 2J Bales 476.2G5 a Dominion average prico per bale, .£22 ss. 10d. ■

The valuations mado by tho Government valuers, who aro all oversea buyers, number 588, at all the various points were wool was receivable.

The Imperial Supplies Department's bulletin for Juno 30 shows that since December 1 last, when the operations of Imperial purchase of wool commenced, of tho 482,704 bales of wool valued, 275,839 bales have been shipped to , the United Kingdom. The IVench Government has taken 21,492 bales of wool, the Canadian Government 788 bales, 'New , Zealand manufacturers 16,800 bales.

A large quantity of slipe wool from freezing works is sent Home to be Tallied, but there has come under the Department, in addition to the above quantities of wool, peasy and for scouring, 195,665 boles of freezing companies' slipe. To scourers 55.<M5 bales have been delivered, and of scoured wool in round figures some 30,000 bales have been ship-, ped or are available for shipment.