TWELVE MONTHS AGO
Wool Realisations at Napier Sale RETURNS TO GROWERS At Napier 12 months ago, 27,109 bales averaged 14.63d per lb., or £21 9/5.34 per bale. Two years ago the average was 8£d per lb. and £12 per bale. The average price at Auckland last week was' about lOd per lb. and £14 a bale. New Zealand seasonal averages since 1925-26 are given. below: —
The total offering .in New Zealand last season was 668,397 bales, and 663,789 bales were sold, the realisation being £14,903,275. It has been estimated that the average cost of production of crossbreds 44's, 46' s is 9d per lb., a conservative figure, with higher costs for the finer qualities of wool. Below that average and rougher wools cannot be sold, except at a loss. Yet between 1925 and 1935 such crossbred wools as are.Usually offered in Wellington liave been as low as '3jd per lb and as high as 20d' per lb, '
Per lb. Per bale, d. £ s d 1925-26 ... 11.93 17 1 8 1926-27 ... 12.66 18 3 1 1927-28 ... 16.89 24 5 0 1928-29 ... 14.99 21 8 0 1929-30 ... 8.59 12 2 2 1930-31 ... 5.66 . 7 19 8 1931-32 ... 5.27 7 10 9 1932-33 ... 5.18 7 10 6 1933-34 ... 11.32 16 . 8 8 1934-35 ... 6.52 9 7 2. 1935-36 ... 9.14 13 6 10 1936-37 ... 15.82 22 9 O-
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBHETR19371203.2.61
Bibliographic details
Hawke's Bay Herald-Tribune, Volume 81, Issue 60, 3 December 1937, Page 6
Word Count
224TWELVE MONTHS AGO Hawke's Bay Herald-Tribune, Volume 81, Issue 60, 3 December 1937, Page 6
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