Wool Price Trends and Tax Cuts Hit Australian Sheep Sector
The wool review notes a long term fall in price from 1928 29 to 1949 50 with delays in 1950 51. It details federal tax prepayments of 20 percent and a 7 percent levy for price stabilization, plus a 27 percent reduction in gross proceeds. It reports dramatic price surges from June to March for merino tops and crossbreds and notes rising lamb demand and stronger mill activity worldwide.
MENTIONED IN THIS ARTICLE
Merino Topa
J. O
Notable Wool Prices and World Demand in 1950
The Times notes a single Wellington gra ser achieving 262d per lb in the Honour List for 1950 51 clients of Winichcombe Carson who earned notable wool prices as Britain's 1950 raw wool consumption rose 3 percent. US demand spurred price movements while Australian mills faced higher raw material costs and output shifts. Foreign buyers expanded, with Belgium, Italy, and Japan among others increasing imports. World wool production rose though at varying rates, with apparel and merino shares detailed and a cautious view of prices remaining high into 1951. New South Wales faced abnormal rainfall, blow fly, and worming issues, affecting the clip and lambing, while Homebush trade saw high meat prices and tight fat-stock supply amid a strong wool market.
MENTIONED IN THIS ARTICLE
Wellington
Winichcomibe Carson
TI. ©. Mues
Euchareend
Aubstania
Australia
Belrium
Italy
Ecoris Aaternity
Holland
Denmark
Norway
Turkey
Sweden
Austria
Switzerland
Eyain
Poland
Czechoslovakia
Yugoslavia
Mexico
Russia
Cannda
British Commonwealth
Japan
Defence Forces
J.D
New South Wales
Foofer
Lucerne
API
Upper
Darling
mid-Western
Yass
Aqurna
Murray + River
Wales
Homebush
Sydney
Dantory
United Kingdom
New South Wale
Tully Own
Austrae
Austral
Gand Anil Weol
Newcastle
Brisbane
Winshcombe Garson Tid
Also Mentioned on This Page
Electrown
Pecouele Gul Cnuestie Range
Lionel Gray
Breaden’s
Lee Street
Yeoval Engineering
Ane
Forbes Street
Yeoval
Murray Bros
M. McLeod Pty. Ltd
Pride O' the West
The
Australian Wheat Board
Royal Exchange Assurance
RAIL
Fire and Workmen's Compensation
Annual Wool Review
Atchalis
Kemer
Great Britain
Palssy
United States
New South i
Ohreas
Darcy Walker
Maughan Street
Stam Job
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