POINTS ON WOOL

Evening Post, Volume CXIV, Issue 124, 22 November 1932, Page 10

POINTS ON WOOL

A useful little brochure entitled "The Truth about Wool," lias been published by Wool Publicity, N.Z., in connection with the iWool Pageants and Carnival Committee. A few points taken from the test are given hereunder. New Zealand wool" exported is 95 per cent, of the clip. ' The biggest direct buyer of New Zealand wool is Great Britain, which sells a large proportion of purchases, mainly to the Continent. ■ ; * Foreign countries have doubled their demand for wool, while the United Kingdom demand has been reduced. Artificial silk production in.the past six years has more than doubled, and is now 450 million pounds. Cost of selling wool in New Zealand from sheep's back to auction is put at l%d per pound; and additional cost from New Zealand to London is sjightly over l%d per pound; total 3d. . . ■ ■ New Zealand wool prices realised in Dominion auctions:—l9o3 to 1914, £12 per bale; during the war, £22 10s; 1924 and 1929, £21 10s; 1931-32, £7 10s per bale. Production costs of wool in New Zealand, 4%d per pound. Average price of wool sold in New Zealand last season, 5Hd per pound. "There is still a great future for wo.ol. . . .But, the moulding of this" future lies largely in the growers' hands." "Quality in wool, early fattening and J quality in meat, go hand in hand." "Wise men mee_t the market." "The average woman has riot the faintest idea of the value of woollen clothing for health, or that woollen clothing can be turned out to-day as dainty as lace or silk."l '■ -- ■ '-: .■ ■ : ' ■ The sentences in inverted commas, are taken from the brochure. The opinion of wool growers is sought on the subject of a levy being made for an organisation to be set up for the purpose of watching the "marketing of wool.