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SHIPPING WOOL.

BROKERS' BUSY TIME. ACTIVITY AFTER SALE. BUYERS GO ON TO NAPIER. Though wool buyers have gone on to Xapier, where the next sale is to be held on Friday, there has been no let up in activity at the Pariiell stores. Bale« opened for inspection last week are : being sown up again and transferred to the wharves for shipment. The Niagara sailing for Vancouver tomorrow morning will take about 1000 bales, and in the next fortnight it is expected that all the wool sold will have been shipped. England, America and the Continent will take most of it. American apents having bourht about 1 (MM) bales, probably more than they took at any sale last season. Farmers are looking forward to the prompt date, December 10, when they will receive cheques for the wool sold oil Saturday. The total distribution at slightly under lOd a lb is expected to be* about £320,000, compared with £201,700 at last season's first sale wken less wool was sold owing to frequent passings and prices were slightly lower. Scenes at Parnell. The Parnell stores presented a busy scene this morning when "wool-pushers," ingenious contrivances for pressing wool back into opened bales, were at work. Buyers inspecting the wool last week, pulling it about and handling it to judge its quality and estimate what they cuuld bid for it, left the bales with large quantities of loose wool hanging from the open end. The machine, worked by an electric motor and a system of pulleys, gathers the loose mass in a heavily toothed iron jaw and forces it back into the bale, which is then ready to be sewn up. Next Sale in View. Already some 11,000 bales of wool are ready for the second Auckland sale, to be held on January 24, when the buyers have completed the southern circuit. Up to a fortnight ago the wool was coming in slowly owing to bad weather and lack of labour for the shearing shed which delayed farmers. Then it came with a rush, and instead of falling short of the allottment of 24,000 bales fixed for Saturday's sale, exceeded it by thousands of bales. Shearing is still going on and will continue till the lambs are all shorn in January. Brokers look forward to a busy time till the last sale of the season on March 27.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19381128.2.109

Bibliographic details

Auckland Star, Volume LXIX, Issue 281, 28 November 1938, Page 9

Word Count
394

SHIPPING WOOL. Auckland Star, Volume LXIX, Issue 281, 28 November 1938, Page 9

SHIPPING WOOL. Auckland Star, Volume LXIX, Issue 281, 28 November 1938, Page 9