WOOL TRADE.

Auckland Star, Volume LXVII, Issue 65, 17 March 1936, Page 12

WOOL TRADE.

MARKET HOLDS FIRM. CROSSBREDS IN DEMAND. GOOD WEIJLINGTON SALE. (By Telegraph.—Press Association.) WELLINGTON, Monday. The expectation of growers and brokers were not disappointed at the fourth Wellington wool sale- of the season to-day. Taking into account the quality of the offerings,- the sale - was the best held' in Wellingtdn this season, the market generally-ruling, firm on the Dunedin sale of last Wednesday. The quantity offered was a large one for a March sale, being 28,484 bales, as against 21,080 bales at the corresponding sale last year, and compared with the average offering of 30,710 bales at tho December, January aiul February sales this season. Passings to-day were relatively- few, and the clearance at auction was'over 95 per ccnt'. Fine wools, which formed a small proportion of the offering, were generally firm, some "speciality" lines making advanced rates. Crossbrcds, which met a very keen demand, were firm all round, and compared with the February rates at Wellington ordinary top-making sorts showed a rise of from ; Jd to Id. ' There was a full bench' of buyers representing all sections of the trade. From the outset it was apparent that crossbreds were in strong demand, all classes meeting keen bidding. Frequently the eagerness of buyers to secure' lots caused them to run ahead of the auctioneers and recording clerks, whose energies were fully extended. Keen Competition. The bidding was strong, and well sustained, and frequently excited when tho efforts of eight or ten buyers were concentrated simultaneously and at common levels for much-desired lots.

In. many cases the buyers appeared to have fairly clastic limits. Bradford buyers, who at the earlier sales appeared to be holding off, were well in the market and bought extensively, the sale at times being dominated by them. Continental interests, however, were well in the running and forced the pace at times. There was also considerable buying on behalf of Japan. The local mills were not to be denied when lots suitable to their requirements came under the hammer. Fast Selling. Taken all round, the sale was probably the keenest held at Wellington this season, and it proceeded with great vigour and at a rapid rate from start to° finish. Well over 9000 bales were dealt with during the first two hours, and when the dinner adjournment was made at six ocl'ock some 20,000 bales had been dealt with in slightly less than four hours. _ Ariioll notable realisations were logu for halfbred ewes ami 15d for several lots of halfbreds; lofd for Merino hoggets; 12Jd for super crossbreds; 12d for super ewes, and up to IOJd for °t' icl lines of medium to fine crossbreds; lid to lljd for crossbred hoggets, and 12Jd to 13d for lambs. '' The Range of' Prices. The following is the otficial range of prices, with the prices at the l'ebiuaiy sale for comparison:—

AUCKLAND'S NEXT SALE.

CHANGE OF DATE MADE. To. give ample time for showing' and valuing the large offering of about 30,000 bales at the next jjk.iickla.iid. wool sale, the date has been altered from Tuesday jiicxt to Wednesday, March 25, according to advice received by the Auckland Woolbrokers' Committee. The sale will commence at 8 a.m.

GOOD SALES IN SYDNfiY.

SYDNEY, March 10. There will he 110 more wool sales in Sydney until the Jirst week in Hay. The wool sold here during the selling neason just ended returned to the growers £3,085.,910 more than that sold last year. Although official figures are not available yet, it is estimated that the New South Wales wool clip sold through Sydney was worth more than £19,000,000, compared with about £15,500,000 last year.

February. March. (1. (1. d. d. Merino — Extra super .. — « j«»>B Inferior to 1J 1- to 13* Finn Halfbred, 50-5S— Extra super ... to 10 1G_ to lfi.j Super to 15i lol to l-u Average 12? to in 12] to 15 Inferior 10 to l- a H to 1-S Medium Ilaifbred, 50-50 — Extra Super ... — — S ii nor —* Average to 12} 111 to 12.| Inferior 10.1 to 101 9 to 101 Extra Fine Crossbred, 48-50— . Super ... . . . Hi to 12 \11 to 12i Average Si} to 11 9 to, 11 Inferior 7 to 8 a 7a to 82 Fine Crossbred, 40-48— _ . • Super 03 to 10S 10 to 11 Average Si to 91 S3 to itj Inferior 0 to 81 71 to Si Medium Crosbred, 44-40— Super l»i to 10J 95 to 101 Average 7 J to !> Sj to 0 Inferior 0 to 71 7 to 8

Coarse Crossbred, 40-«- 10i Super . . • to 82 81 to 0 Average ™ to S inferior ' , co 4 Low Crossbred, 36-40-f ? «« l» Inferior 7 to 7. t , to o H 48 g -50 _ ". SI to 111 SJ to 12 Pine. 46-4S 8 to 11 8u to 111 Medium, 44-46 . 71 to 10 71 to 10 Coarse, 40-44 .. 74 to. 91 81 o J1 Low, <16-40 7i to 9 Si to J Lambs — 1f . .. Down, 50-56 ... -- 10 jo Fine. 44-50 91 to 133 to 13 Medium, 40-44 . — §3 to 11* Seedy, inferior . ul to S3 to 10 Bellies and Pieces — M Good to super . 10J to 14 91 to 141 Low to medium . — 'i to 10S Halfbred : „„ . Good to super . 9 to S3 7* to 10 Low to medium 0 to 61 01 to 7 Crossbred : Good to super . 03 to 83 (>1 to 91 Low to medium 5 to 8" 43 to 7:j Crutchlngs— Medium to Rood 63 to 01 71 to 9 Inferior, seedy . 43 to 71 5.1 to 71 Locks — Merino to 71 . 5?, to G Crossbred 41 to 01 41 to 61