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THE PRICE PAID FOR OUR WOOL CLIPS

Sir,—Under this .heading you recently published a letter from one "Agricola," in which ho hrietl to prove that tho poor down-trodden farmer has only received about 1* per cent, more for his wool than the promised 55 per cent. Following are his figures for proving this:— Official Year Book value of 191+ shipments, plus value of wool consumed by local » mills, estimated at Is. Bd. per Ib 9,815,216 Add 05 per cent, accretion promised * 5,3518,688 15,213,!)0i Cash payments for 11)17-18 clip, Sflo.liiH bales at Jiii 17s. 9(1. per bale 11,185,2.15 Or no less a sum than ,£3,728,669 short of the mythical 55 per rent, which our farmers never have received. Now, Sir, the 1914 figure.? are for-about 570,000 bales, and apparently he thinks the farmer should get 55 pe. cent. nioTe for 505,128 bales than they di. 1 for the 570,000 bales in VM. Also be calmly estimates the wool taken by local mills at Is. 6d. per Ib.j well, 1 have by me a report on tlio Wellington sales in January, 19U, which states that prices, which were higher than at the previous sale, ruled from DJil. to 113 d. for halfbred, and BJd. to 10} d. for crossbred, also merino and fine crossbred? were only fetching Is. to Is. 2d. in London at that timo, so his Is. Gd. here seems very high. Exports of. wool for the IM3-M. season were 518,061 bales, valued at 1-8,262,153, or =£15 Is. per bale, and the £>2 17s. !)d. p?r bale paid for this season is exactly 55.1 per cent, above that value. I do not think 1 need taltn up any more of your space on this subject, but I should like to ask our friend "Agricola" how the- farmers would fare financially at I present with some 500,000 bnlee held up awaiting shipment if this were not already paid for by the Imperial author--1 ities, also what he thinks his wool would be worth now if it were not foi the British Navy.—l am, etc., "FACTS.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19180614.2.63.2

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 11, Issue 228, 14 June 1918, Page 6

Word count
Tapeke kupu
344

THE PRICE PAID FOR OUR WOOL CLIPS Dominion, Volume 11, Issue 228, 14 June 1918, Page 6

THE PRICE PAID FOR OUR WOOL CLIPS Dominion, Volume 11, Issue 228, 14 June 1918, Page 6

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