NEW SEASON'S WOOL
RETENTION MONEY NOW 10 PER CENT. Wellington, This Day. The Wellington Wool Brokers’ Association has been advised bv the Marketing Department that its intention is to pay for new season's wool less a deduction of 10 per cent., instead of the usual 5 per cent, retention money. No official information has been received by the wool brokers as to \yhy this additional deduction has been made. The 10 per cent, deduction applies to the Wellington crutchings appraisal of 4252 bales, which was finished on 12th August, and prompt date for which was yesterday In order that the necessary adjustments may be made to account sales, prompt date has now been extended to Thursday, 3rd September. The crutchings submitted at this np praisal were valued on the new schedule, which has added the 15 per cent, increase recently granted by the United Kingdom.—PA.
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Nelson Evening Mail, Volume 77, 28 August 1942, Page 4
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145NEW SEASON'S WOOL Nelson Evening Mail, Volume 77, 28 August 1942, Page 4
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