WOOL’S YIELD
CHRISTMAS CHEQUE OF £250,000
TO BE PAID ON MONDAY On Monday next approximately £256,000, less selling charges, will distributed among Auckland wool growers, as a result of the **!• ©n Monday last. Although it is a little early yet for exact estimate to be made regard* the average return for each bale the sale, averages struck over airly representative offerings indicate , the figure should be somewhere between £l6 and £l6 10s a bale, compared with an average price of £22 y 8 a bale at the first sale of last Kfcason. While the average price for ®*Jh pound last season at the first •*le was 15.6 d, it is not likely that he final figures this year will show h return of over 11 Ad a lb. Although some buyers, in isolated “Utauces, paid an average of approximately £22 a bale for special lines, toiere are others, whose average purchases w’ork out down as low as £l2 * bale. One line of over 300 bales, bought tor Japan, averaged £IS a bale.
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Bibliographic details
Sun (Auckland), Volume III, Issue 835, 2 December 1929, Page 1
Word Count
172WOOL’S YIELD Sun (Auckland), Volume III, Issue 835, 2 December 1929, Page 1
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