|
|
|
1951 |
|
IWS sets up in Germany. |
|
|
Selling of all of the stockpile built up during the War, as well as the wool bought in by U.K. Dominion Wool Disposals Limited at the floor price, is completed. |
|
|
Prosperity in the wool industry peaks when the average greasy wool price reaches 144.2 pence per pound. |
|
|
An attempt to establish an international reserve price scheme fails. Australian growers vote against establishing an Australian scheme. |
|
|
New Zealand establishes its own reserve price scheme. Instead of distributing profits from the sale stockpile wool post war to wool growers (as is the case in Australia) the New Zealand Government retains its share (approximately £NZ 20,000,000) and uses these funds to provide finance for the reserve price scheme. |
|
|
South African growers decide against a reserve price scheme for the time being. In order to ensure that finance will be available if a scheme is to be agreed later, growers decide that unused balance of wool levies paid by them from 1946-1951 to meet South Africa's share of the costs for operating the Joint Organisation (U.K. Dominion Wool Disposals Limited) will be retained in a Wool Levy Fund, under the administration of the Secretary of Agriculture. |
|
|
The free testing service provided by the AWRC is well supported with, the Sydney Test House recording a total of 2,400 samples tested for the commercial trade, plus a further 32 samples tested for the East Sydney Technical College. The equivalent Report by the WA Chief Valuer stated that an average of 120 samples per sale had been tested in duplicate. |
|
|
The AWRC estimates that the free testing service is costing around ₤1.00 per test. This is considered too costly, particularly as its own role is shortly coming to an end, and it is agreed that the laboratories should be shut down altogether. Tenders for the equipment are invited. |
|
|
The tender for the WA equipment is awarded to Dreyfus because it had offered to make the facilities available to other buyers, to rent the site at No. 1 Store, Mandurah Road, South Fremantle, and also to employ the current Officer-in-Charge. |
|
|
An independent Laboratory is established in New Zealand by the New Zealand Government for the purpose of testing scoured and carbonised wool exports. |
|