THE WOOL CHEQUE

Hawke's Bay Herald-Tribune, Issue 163, 28 July 1937, Page 13

THE WOOL CHEQUE

Increase in Australian Returns total of £60,175,000 The National Council of Wool Selling Brokers of Australia has compiled its statistics! review of the 1936-37 season, whioh closed on June 30. During the season 2,903,930 bales were received into store, comprising 2,788,508 bales of first hand wools and 115,422 bales of wool for resale. After adding 76,083 bales carried over from 1935-36 season, the quantity available for disposal totalled 2,980,013 bales. Realisations show a substantial improvement on the previous season, reachingj a total of £60,175,497, against £49,100,537 for 1935-36 season. The following table shows the number of bales sold, together with total amount realised (greasy and scoured) during the past five seasons ; —

The average price per lb. realised monthly for greasy wool over the past tliree seasons are shown below. —

The I'ollowing is a comparison of ftVM'ftge price* realised per lb. for

greasy wool, with values per bale, over the last five seasons: —

The aterage weight per bale of greasy during 1936-37 was' 300.591b. The season ended with 47,923 bales in store awaiting disposal, compared with a carry-over at 30th. June, 1936, of 76,083 baies, and at 30tlx June, i 935; of 90,747 bale*.

PS PS 12 2 0 co -i.S • & .jS -3 H 2 July June £ 1932 to 1933 3,000.075 34,410,321 1933 to 1934 2,523,676 51,008,717 1934 to 1935 2,992,267 37,927,409 1935 to 1936 2,791,931 49,100,537 1936 to 1937 2,899,144 60,175,497

1934-5 1935-6 1936-7 d. d. d. July 9.18 8.20 11.50 August . 10.14 8.00 12.48 September ... 8.79 12.27 12.49 October 9.48 12.84 14.08 November 9.90 14.25 16.75 December 9.40 14.38 17.17 January 9.9j> 15.36 19.43 February 9.52 15.72 18.25 March ... 9.35 15.35 18.33 April 10.14 14.40 17.53 May 10.82 11.11 11.47 June 10.23 10.74 14.5-4

Per Bale Per Lb. 1932-33 £11 7 1 8.72d-1933-34 20 1 9 15.84d. 1934-35 12 10 6 9,75d. 1935-36 17 10 11 LLOld. 1936-37 20 12 11 16.48d.