WOOL MARKET
WELLINGTON CHEQUE.
JANUARY REALISATIONS.
(By Telegraph—Press Association.) WELLINGTON, This Day. The wool cheque for the second Wellington sale of this season, held on January 9, totalled £393,418. as compared with £404,536 for the corresponding sales of last year and £746,007 for that of January, 1937. The official returns for last month’s sale, compiled by the Wellington Wool Brokers’ Association, are as follows:— Bales offered 27,730 Bales sold 26,604 Bales passed 1,126 Net weight sold (lb) .... 9,792,837 Gross proceeds £393,418/5/1 Average price a bale .... £l4/15/9 Average price a lb 9.642 d. At the January sale last year 28,377 bales were offered, of which 24,709 bales were sold, the net weight of the wool sold being 8,989,6601 b. The total gross proceeds were £404,536, the average price a bale being £l6 7s 5d and the average price a b, 10.8 d. At the January sale in 1937, a total of 30,724 bales was offered, of which 30,699 bales were sold and 25 bales passed in. The total gross proceeds were £746,007, an average of £24 6s a bale, or 16.313 d a lb. The two sales held in Wellington so far this season have realised a total of £742,941, compared with £688,463 for the December-January sales of last season, £1,396,670 for those of 1936-37, £725,501 for 1935-36 and £33,601 for 1934-35.
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Wairarapa Times-Age, 27 January 1939, Page 2
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221WOOL MARKET Wairarapa Times-Age, 27 January 1939, Page 2
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