WOOL PRICES

Hokitika Guardian, 5 August 1932, Page 7

WOOL PRICES

! . ‘DR!ASllGii»^P^^'i^^tKAXilA. ■. •' % t • *'•>*. *’.[*;*• . \r,< • • , '. . 1 11 •* ' V,. .. : i 3. * I < An ;■ that has wool •• iig I ’provided & ,tHe : . last .throe yeofrs'-in 'Ausir^fft-£®,436,- ; 083 less nioft^ , .'a i^;’4;fet: ei;v&d for the • • < olip than in the’ yea-rs, —■a, -Prop df a • year 4 .'. This i&. the ■? : tact that 258 t 728 - tf wooa •.Arerß/i , ©c6iykd\-'Ptir|i^.., ; thatis i s«*»' 'lmftfrtjMi. v toy JdttTii. ■ frlie/AgUffp'Rftf. -. t»ket ■ ■• rroin Oouftoil of Ih'pkei’B. ( . ; •|n the, £el ! iing total amount loalised for"-'tHe : was £56,- . 4/1,630, with an Average pet' bale- of j £2l .‘Tate 3d. Mrift| n ! dosed the totals only | £29,303,156 or | 3d. per bale. '.seljiftg -year i was 1927-28, whew the hmouat realised I was £60,595,813,, or. £2& ,0s ’4d a hale, I the average peir bil-ei in iadh ease being I for greaisy -wool. ./The figiu'es show that j both . the quality qf.-tlte 'ii'qol received I into-;.the . brokers!.!. the j season iliat has ehdedj and. the j quantity, ' oonstitdtOd';'’ records. •. Tlie | fallcnving table shows thfe '’. increase: compared . With, tlie V*ptfeviqu'a year.: | ■• - :4 Balps.,. ! M»w South Wales;:!.: ' 167.6 1 1 . Queensland ■’ !'.. 1.7 T.bll, , YictciWa '■ £2,797 South Aust'vaJia ... 30,329 , Westel'n; Australia'... !• '3,716 Is is pointed but., tliht the. quantity recdi'yed iiitd the stores diet hot i eon* stitute the ; whole. <ilip,' qs \soniethinp like 209,000 1 bales, • the. gr?#. bulk of it omied.by English and Scottish pastoral companies, were, slripped, difaet td' London for sale there., .to the very i low prices tliat rulep- in,,' June, and tjie belief'held by many-:grpwens tliat tliere would be an improveriibnt,' the quantity of wool remainihg unsold at the oud of June ishoWep a substantial increase, compared with ..previous yeafs, The present carry-qver- is 150,169 ibalos, and although large fs'-hot thought to he disquieting in view.^of' the firmer fone 4 t*hat has been ahow.n in the wool ,J market. y ~. ; , .