WOOL REQUISITION.

Taihape Daily Times, Volume XI, Issue 3382, 10 January 1920, Page 3

WOOL REQUISITION.

PROSPTJCTS FOR FUTURE. » eonensrron IN STORES. ‘ PAYMENT OF SURPLUS PROFITS. Matters connected with the Imperial requisition of wool were discussed yesterday by Mr A. W. Perkins, Cll'2lil‘lYlall of’ the Auckland Wool-brokers’ Association, Mr Perkins stated that there was a great eongest'i<.m in stores in Englund just" now, and according to latest advices there appearetl to be little likelihood of the stored wool being disposed of before the next season's clip was ready for ma.rketi.ng.| He added that apparently every efforti was being made by the Imperial gm-‘ thorities to ease the congestion in the‘ stores_. and wool was now being sold on 3 “desei-i.ption” instead of being dis-i pkiyed for inspection by the prospee-' tixje buyers. This method of sale. was‘ rendered necessary owing to much of the wool ‘being stored at centres disl--tant from the places at which the sales I were held. A'pp:irentl_\/ the results of such sales had been S'ELi‘lSi'{»l(‘,!()l'y at certain quantity of wool for sale byi -description was included. among the! offel'i.llgs_at each sale. I Mr Perkins said this method of sel-i ling obviously facilitated the distri-i bution of the_woo], as it. saved tho’; time occupied in prepa.rin,<2' it for ex-l ‘szibition and also conserved the space In the stores. E-acli lot: sold in this niallner was fully described in the pub-?i:-'he;l catalogues by the Government Valuers, and there appeared to be no reason why the system should not be found sati.stactol'y. In regard to wliat was likel_\f to lmp-3' pen. at the termination. of the requisition period at the end of the. present season, Mr Perkins said it appeared likely that delay would occur in I getting next season ‘'s \\'ool,nlarketed.] It was only reasonable to expect thati the Imperial G-overnnient would transport and sell the nlatel'i'al'before it! allowed the new sea.soll’s wool to reach the Inal'l<et', This, however,’ should not cause 2. great amount of in— , nnnwmimme. Dc unless solnethinsrunf_or-i

C011\’())]1CIl(tL3, us LlllLlfr‘g.‘<.§lllll\:LlLAuE)uux.u- ‘ seen occurred reasonable advances would no doubt be obtainable by thel ; wool-growers on the new season ’s clip; l pending its t,ransport and sale. He ud- '_, (led that the I)l'oeeSsot ret—urnin;,»' to: normal conditions in regard to the disposal of our ronlznodities_ was 21 gradu':tl i one, and that much would depend upon i the freedom from industrial strife both { in New Zealand and in the older eoutries where the markets e:Zfs'ied.. It. was a widely'—held opinion that; wliatever iueonvenienee or loss might‘ be oeexasioned to producers during. t_lle period of reconstruet.ion, there would be an increased ‘demand for the DO- - staple products as soon as -the present difficulties of transport and distribution had been overcome. Referring to the matter of the surplus profits on wool not required for army purposes, L\lCr I’el'kins said it ap‘peared to be ex‘.re2nel_\f unlikely that. "any division of ;~:-ofits vould take place until ti:-.2» ehased under the re»l_juisition had been disposed. of. l'.axg=“~ stcveks of wool had "been held in \»'arieus places during the war, and ~clifi'"leul?_y was still being éiiperieiiced in finding sto"9.gO space iii England. while it was impossible to reliably estimailze the various charges that would be iee.urx'e<l before the l whole <llla.ntity obitiined under the requisitionhad been disposed of. This meant that the whole of thg wool held in store, as well as the present. season’s clip" would have to be sold and all charges met before any lalloeation of profits between the Imperial Authorities and the wool growers eonld be made. - —-—---___-:-_-1...-'-_':'r