Transcription

114 x
CLASSIFICATION OF WOOL

that is was hardly worth showing. First Class worth 2/11d per lb. in England.

Now I had always supposed that the object of classing or sorting was to enhance the value of wool, & thereby enable it the better to bear those expenses.  I do not believe that an English woolstapler would pay the high wages which he does to sorters, if he could realize the same profit without their Services.

Having been a buyer for many years in London & Liverpool, I confidently state what is well known to the trade, that a certificated classification will make two pence per lb. difference in the sales of an ordinary Clip;  if superior, more - while the cost of classing will little exceed one eighth of a penny.  Another gentleman told me that his wool without being classed sold for a higher price than a Clip that was classed.

There are in this colony Clever men who have been in the Sheds with qualified sorters and have gone elsewhere, engaged wools at half the
regular rate, & pretended to class them. I met one of these gentlemen one day, and it is a fact that he did not know a teg fleece when he saw it.
He had however classed several thousand fleeces. Now every shilling paid to this man was worse than thrown away, because the exportee would be disappointed, and the wool wold not realize one penny more than if packed as it was shorn.  These remarks are not made from any interested motive, as I have done with the wool Classing."
 
AUSTRALIAN WOOL

The first public sale of Colonial wool took place at Garraway's in 1817 at which from the novelty of the circumstance, the first bale realized ten shillings & six pence per lb. these wools Continued to be sold at Garraway's till the year 1843, at which period the place of sale was transferred to the Hall of Commerce - About 1835-6, the quality of the Australian wools began to attract the attention of foreign manufacturers.
In July, 1825 the unprecedented number of 750 bales was announced, & for Some years afterwards 400 bales was considered to form a very extensive sale.
In July 1835, however, there were 8,746 Bales the highest prices of which were from 2/1 to 3/8d. The largest quantity ever brought forward at any one sale or [ indecipherable] of sales, occurred in July 1844 and amounted to 31,358 Bales,  Sydney wool brought in 1842 for combing 1/9 to 2/1d, for clothing 2/1d to 2/2. In 1843 combing 1/11d to 2/2½ for clothing 1/11d to [ indecipherable]

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