H.—3o.

The following tables show the quantities and values of wool appraised during the years ended 30th June, 1941 and 1942 :— n tit

Greasy Wool.

Slipe Wool.

SCOURING OF WOOL. The arrangements entered into with the United Kingdom Government for the 1941-42 season provided for the scouring of 45,000,000 lb. at a cost of lfd. per pound greasy basis. Under this contract 160,025 bales (approximately 58,299,337 lb.) were allocated for scouring up to 30th June, 1942. SHIPPING ARRANGEMENTS AND DESTINATION OF WOOL EXPORTS. The United Kingdom Wool Control released quantities of wool for shipment to U.S.A., Canada, India, Australia, and Russia. Stocks of wool held in New Zealand at 30th June, 1942, arc loss than the stocks at the end of the previous season. The following tabulation shows the quantities of the past season's wool shipped to 30th June, 1942, and the destinations :—

ACCOUNTS. The wool accounts are shown in the accounts section at the end of this report, page 24. The accounts cover appraisals of wool up to the close of the wool year (30th June, 1942), and they comprise Purchase and Sale Account, and Charges, Expenses, and Administration Account. It will be observed from the accounts that the purchase and sale transactions for the year ended 30th June, 1942, show a surplus of £88,737, after allowance has been made for expenses and charges, and for the agreed contribution by the United Kingdom Wool Control for abnormal storage and insurance on 1941-42 season's wool whilst awaiting shipment from New Zealand. The Wool Account shows a surplus of £133,607, which represents the amount of £88,737 already referred to, plus an amount of £44,870 which is the agreed contribution by United Kingdom Wool Control for abnormal storage and insurance on the 1940-41 season's wool. WOOLLY SHEEP-SKINS. Information regarding the terms of sale to the United Kingdom Ministry of Supply of the exportable surplus of woolly sheep-skins and of the manner of purchase and control in New Zealand has been given in the annual reports of the Department for 1940 and 1941. An alteration in the terms of sale to the United Kingdom has been made, in terms of which payment is now made on appraisal in New Zealand instead of at time of shipment of the woolly sheep-skins.

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Purchased for Sale to United Kingdom Ministry of Supply. , J Purchased for Sale to Local M1U9 _ Total Appraisals. Year ended. For shipment in the Greaso , For Scouring. Bales. Net Pounds. Bales. Net Pounds. Bales. Net Pounds. Bales. Net Pounds. Appraisal Value. £ s. d. 30th June, 1942 595,195 202,213,475 176,548 63,638,627 55,159 18,098,195 826,902 283,950,297 14,493,296 8 2 30th June, 1941 619.115 207,856,252 135,369 50,647,664 45,703 15,454,023 800,187 273,957,939 13,972,177 17 0 .

Purchased for Sale to a„i„ United Kingdom Ministry Local Mills Total Appraisals. Year ended. of Supply. Bales. Net Pounds. Bales. Net Pounds. Bales. Net Pounds. Appraisal Value. £ s. d. SOfch June, 1942 .. 157,875 51,716,786 716 225,828 158,591 51,942,614 3,674,195 19 5 30th June, 1941 .. 140,258 46,489,903 522 170,245 140,780 46,660,148 3,301,103 0 5

Destination. Greasy. Scoured. Slipe. Total. Bales. Bales. Bales. Bales. United Kingdom .. .. 237,017 22,659 67,128 326,804 Canada .. .. .. 112,313 5,190 8,994 126,497 Australia .. .. .. 3,061 .. .. 3,061 India .. .. .. 27,393 3,886 117 31,396 Russia .. .. .. 47,914 24,612 .. 72,526 U.S.A. .. .. .. 33,233 277 6,532 40,042 Total, 1941-42 .. 460,931 56,624 82,771 600,326 Total, 1940-41 .. 449,251 65,030 69,156 583,437 Quantity unshipped or held for scouring at 30th June, 1942 .. .. .. 284,567 Quantity unshipped or held for scouring at 30th June, 1941 .. .. .. 315,704