WOOL TRADE.

Auckland Star, Volume LXVII, Issue 292, 9 December 1936, Page 4

WOOL TRADE.

SYDNEY AUCTIONS FIRM. STRONG MARKET I'OR BEST.SYDNEY, December 8. At the wool sales to-day 13,!MJ9 bales were offered and 10,917 sold, as well as 1591 privately. The market was strong for best descriptions, but there was irregularity in the ease of faulty types. Competition was mainly from Yorkshire, Franco, Germany and the United States. Greasy Merino made up to 29% d per lb. ' ODDMENTS AT GISBORNE. (By Telegraph.—Special to "Star.") GISBORNE, Tuesday. A sale of wool oddments was held at Gisborne to-day and the market was fully firm on recent rates. Sheepskins also sold very well. Wool totalled 321 bales and there were 30(57 sheepskins and 188 hides. Buyers were present from Auckland, Hawke's Bay and Gisborne. The top. bid in the first portion of the catalogue ivas passed in at that figure. Crossbred fleece wool ranged generally from 12d to 14d per lb; first crutchings. up to 13% d; second crutchings, to WAd; pieces, to 1094 d; and locks, from BVsd to 9Vid. CONFERENCE IN AUSTRALIA. (By Telegraph,—Press Association.) WELLINGTON, Tuesday. Arrangements for a New Zealand delegation to visit Australia to attend a wool conference there in January were made at the first meeting of the New Zealand Wool Publicity Committee to-day. The committee will be represented at the conference by the chairman, Mr. H. M. Christie, M.P., Mr. Bernard E. H. Tripp, Timaru, and the director-general of agriculture, Mr. A. H. Cockayne. The conference will be attended by representatives of the South African Wool Research Committee and the Australian Wool Council. The committee to-day discussed some of the major problems facing wool producers. It was felt that while much could be done in New Zealand in connection with research and propaganda in the interests of wool, co-operation with similar committees in other Dominions and South America was necessary, in view of the present high prices ruling for wool. Steps arc to be taken to achieve this co-opera-tion, for it was considered an inevitable result of the present high wool values would be to strengthen the jiosition of manufacturers of substitutes for pure wool.