WOOL-BUYING

Dominion, Volume 12, Issue 114, 7 February 1919, Page 8

WOOL-BUYING

i-' O ;-. ■ BHOKEBS AND THEII! CHARGES, > ; ,'■",.: Local wool-brokers oxpress some Surprise ! ■' : and indignation ni, tho information conj.v'/veyed yesterday in a message from '.'■■ ■. . \\Vanganui boaring ou wool-brokere' •';'..-. chargea. Tho particular point on which !..:.; the meß3ago -was said to be astray was !• ■■.■■•' tl\o report that 21b. of wool wae deducted j l ';. .from every bale to provide, "as stated ■ by the brokers (says tho message) for ''•':■ '•.'..'■ possible shortages. Jkokera claim that. [;i- thie is a custom of the trade." j: '-':'■ .Messrs. A. ]I. Miles (Murray, Roberts, ! VjJ —and Co.). A. E. Mabin (Levin and Oo.), f: -■•■ and W. S. Heiinott (Daigely and Co.) called i at The Dominion offlco . ycßterday ■ to \V. state that the message as printed wa3 j . and harmful r.o the brokers. 1 ■ ..Speaking for their own ftrnia and others r : they could cmphaticiilly Bay that it wus ''.-.'■'■ not the general custom, or any custom at I all, to deduct 21b. of wool from every bale, j'.": - and if such were done anywhere it was I . done cither in ignorance or in error. ■.. When tho wool -was brought in it was |.'M weighed ae iine ila .possible, not to the I .''■!■ ounce, but the falj of'the scale on poundI age, without considering the ounces. For i ; . example, •if a bale went 224J1b. it wa« ! •'■. a6ecsscd at 2211b. weight. The ordinary ;.'-"'..•,'■ tare waa allowed.- A draft of lib. per £•':'■ cwt. was alEo-allowed.; That was known j '.■'■ ■' to evprv wool-srower. but to say that 211). f : :per bale wero deducted aa "a cuetom ',".- of the trade" was certainly misleading. r,;;.■■•. »Mr. Miles eaid that a good doa.l of wool ! . wont direct to the Harbour Jloard'e Ehedr, ; , ; and-was weighed by tho board's officials f there, bo that oven if anything ot the sort. -.'; T/ero going on the benefit was being 1-^aped [■■ ■ -...•■■.-". I'-.'.. -"I-

by tho Imporial Government, nol the brokers ■ „ It is suggested that Ihe 21b. per balo montloued by our correspondent is tho amount taken off for draft (at tho allowable rate of lib. per cv.t.), and that the alleged raisstatement is one of t.erm3 only. AUSTRALIAN PHODUOB PKIOKS. By Telegraph—Prose Association— Copyright ißcc. February 6, 10.35 p.m.) Sydnoy, February 6. Oats, Algerian feeding, ss. 3d. per bushel; Tasinnman milling. si. M. to 65.: barley, Cape, ss. to 6n. 3d.; maize, 7s. 6d. to 7s. IOd.; potatoee, Taraianlan, £18 to £20 per ton; onions, £12 to .€l4. Adelaide, February 6. Oats, 4s. 4d. to 4s. sd. per bushel. .