WOOL PROCEEDS
FEBRUARY APPRAISEMENT WELLINGTON DISPOSAL. INCREASED RETURN RECORDED. I ' I (By Telegraph—Press Association.) WELLINGTON, This Day. The gross proceeds of the February appraisement of greasy wool in Wellington amounted to £654.498 for the 34,401 bales sold. This represents an ' average of £l9 Os Gd a bale and 12.496 d a lb. In addition, 31 bales of scoured wool were sold, the gross proceeds being £594 15s 9d. which is an average of £l9 3s 9d a bale and 16.853 d a lb. The total gross proceeds, greasy and scoured, for the February appraisement were £655,092 19s 4d. The total gross proceeds of the greasy wool sold under the three appraisements held in Wellington this season are £1.649.766, which compares with £1,085,219 for the corresponding auctions last season and £990,926 for those of the 1937-38 season. The official return for the February appraisement, supplied by the Wellington Wool Brokers’ Association, is as follows: — Greasy wool offered, bales 34,440 Greasy wool sold, bales 34,401 Greasy wool, passed in, bales 39 Net weight' sold, lb .. .. 12,568,707 Gross proceeds £654,498/3/7 Average a bale £l9/0/6 Average a lb, pence .. .. 12.498 Scoured wool appraised, bales 31 Net weight, lb 8,470 Gross proceeds £594/15/9 Average a bale £l9/3/9 Average a lb, pence .. .. 16.853 j The gross proceeds of the three: appraisements of greasy wool made in Wellington this season compare as follows with those of the corresponding auction sales of the two previous seasons:—
The following table compares the average price a bale of the greasy wool sold in Wellington in December, January and February of the last three seasons:—
average price a lb in pence of the greasy wool sold in Wellington in December, January and February of the last three seasons: —
1937-38 1938-39 1939-40 £ £ £ Dec. .. .. 283,927 349,523 374,072 Jan. .. .. 404.536 393,418 621,196 Feb. .. .. 302,463 342,278 654,498 990,926 1,085,219 1,649,766
1937-38 1938-39 1939-40 £ s d £ s d £ s d Dec. .. 15 7 10 15 7 2 18 6 2 Jan. .. 16 7 5 14 15 9 18 14 6 Feb. .. 14 1 2 14 1 4 19 0 6 The following table compares the
1937-38 1938-39 1939-40 d d d Dec. .. . .. 10.434 10.127 12.268 Jan. .. . .. 10.800 9.642 12.358 Feb. .. . .. 9.414 9.287 12.498
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Wairarapa Times-Age, 6 March 1940, Page 9
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367WOOL PROCEEDS Wairarapa Times-Age, 6 March 1940, Page 9
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