NEW ZEALAND CLIP

Evening Post, Volume CXXVIII, Issue 117, 14 November 1939, Page 12

NEW ZEALAND CLIP

AUSTRALIAN GOES FORWARD

■ Some details connected with the acquisition of the New Zealand wool on behalf of the Imperial Government have yet to be-completed before appraisements begin in Auckland. Time is an important element in the business and so is shipping space for the carriage of the wool to. its destination. In present circumstances shipping tonnage has to be used when available; if not it is diverted to where it will be filled. Conditions in wartime, it is obvious, are entirely different from those of peace, when some elasticity in timetables could be allowed.

Appraisements will begin in Auckland, followed by Napier and Wellington. Wool is now coming into store in some volume in Auckland and flowing steadily into Napier and Wellington.

Brokers are preparing the wool as far as they can do so for the inspection and valuation by the appraisers. The first of the Australian appraiseIments was completed on November 6. The total quantity dealt with was 228,000 bales. For the second series, to be completed before Christmas, 358,444 bales will be submitted. The monetary proceeds of the first series of Sydney appraisements are in course of distribution to growers. Some growers express satisfaction with prices obtained, but a number are dissatisfied. As a result of the larger weights of wool produced per sheep, most growers are receiving returns much in excess of the low figures secured a year ago. Some of them contend that the improvement has been chiefly caused by better seasonal conditions producing a larger clip, the appraised prices contributing very little to the higher financial 'results secured. . No complaint can be made by growers as to the speed of the appraisements or the promptness with which returns have been made available, remarks the "Sydney Morning Herald, i Much of the criticism arises from the fact that sheep owners during the two j previous seasons experienced badj times. Many hoped that the scheme, I by much-improved prices, would fully | restore prosperity to them, and results j have not been up to high expectations. The Australian selling season usually begins- in' August, that of New Zealand at the end of November.