WELLINGTON WOOL SALE.

Press, Volume LXVII, Issue 20215, 18 April 1931, Page 12

WELLINGTON WOOL SALE.

COARSE LOTS SELL WELL.

MARCS VALUES NOT maintained. (PRERB ASSOCIATION TELEGRAM.) , WELLINGTON, April 17. 'A'lie fifth and final wool sale of the season h<Sld in Wellington to-day failed to the peak prices realised last month. Compared with Wellington March prices values were down all round except.for one or two sorts that had a special appeal to Japanese buyers. The catalogue, which totalled approximately 34,000 bales, was the largest offering made at a Wellington sale for several years. There was a full bench of buyers representative of all sections of the trade. The sale started at 8 a.m. a full hour earlier than usual, and lasted just Qn 5$ hours.

The offerings, which included fairly large quantities of HaWke's Bay and Poverty Bay wools comprised mostly average top-making sorts, and there was also a proportion of poor qualities, Bidding was keen up to a point, and fairly well spread. There was exoited .competition for many desirable lines and it was early noticeable that the March level would not be reached. Passings were fairly frequent. Continental and Bradford buyers were the mainstays of the sale for halfbreds, and average crossbreds, America and Japan bid keenly for super crossbreds, Prance for lambs' wool and bellies and pieces, of Fhich Dominion mills also secured a fair share. The feature of the sale was the keen buying by Japan of coarse wpols. It was noticeable that under this demand these sorts topped last sale's prices, and in many cases beat the top grades of the same clips. The Japanese forced Lincoln and Lincoln cross wools as high as 9d. Compared with Wellington March prices, were id lower, super crossbreds id to 3d lower, fine crossbreds fd lower, inferior crossbreds 3d to Id lower, lambs' wool 2d lower, and bellies, pieces, and locks 3d lower. The official range of prices is as follows Fine halfbred 56-38 Average .. .. 7 to 8} Inferior ;. 5i to 7 Medium halfbred 50-58 Super .. 9i to 10. Average .. .. (ij to. 8J Inferior .. .. 5 to 6J Corricdale— Average .. 7J to 8£ Extra fine crossbred 48-50 — Super .. . , 8 to 9 Average .. 6f to '7J Inferior .. .. 4J to 6i Pine crossbred 46-48 — Super t .. .. 7J to 8i Average .. 6* to 7$ lnferioF .. .. 4J to 6 Medium crossbred 44-46 Super .. .. 8 to 9 . Average ... .. 6 to 7} Inferior .. 4| to 5J Coarse crossbred Super .. .. 8 to 9i Average .. 5} to 7 Inferior „.. 4} to 5$ Low Crossbred 36-40 — Sttjier .. ... 8 to 9 Average .. •• .. 5i to 7\ Inferior .. .. 4 to 5 -Hoggets—-' 48.50- ... 7 to 9 J \Pi»e 40-4S ai to 8| Medium 44-46 ~ 6i to 8 Coarse 40-44 • 5$ to 7$ bow .36-40 - up to 8J LambsDown 50-56 .. 8 to 10J Pine , .. .. 7 to 9} Medium 40-44 6 to 7$ Bellies and pieces—- ' Crossbred good to. super 4$ to 6J" Low to medium .. 2} to 4i Crutchings— Medium to good .. 4 to 5i Inferior and seedy .. 1 to 3} Locks— Halfbred ' .. .. . to 3 'Crossbred .. jZ to 2J

/ WHEAT.

LONDON PRICKS. »aasa asboouxio.v— jst susoraia . TKUJORiy*—COPrAIOHT.) . • LONDON, April 10. Cargoes are flripi at 8d to 6d advance. " - .Parcels are In poor demand, but occasionally prices are higher. Futures are qnoted:—, London—April 20s 2d; June 1 20k 5d per quarter. ! Liverpool-—May 4s 5Jd, July 4s did, October 4s'B§d per cental. ' Spot trade is quietly firm. 1 1 Australian, e* store, 18s to /18s 6d. Oats are being held for a Sd advance. Peas and beans are steady, . ' ; tINITED STATES; STOCKS. tvmno passs AgsocuTips-Bv .aLaciato ' /TBUEO*APa—COPriMOHT.V WASHINGTON, April-ai. : Stocks of.wheat on farms on 4>pril I«t: #re estimated by the Department of Agriculture at 114,983,000 bushels <compared with 102,352,000 .bushels a - year ago, ' \ The Department of Agriculture au- ' nounoes that the wheat movement ftom farms during the month of March was the greatest fpr six yean <in which such estimates have been made. / The 1 disappearance, including wheat used Hot feed and seed as well' as- 'market shipments, totalled bnshels, compared with 27,402,000 in Search, ,1930.. • '• ■ Ml. ■ . T I' 'Hi ' * J y -

CHICAGO MARKET. • •' ; . NEW YOJtK, April 16. Chicago wheat quotations:— , > Per'Jßushel. f , Cents. May " . .. , ; 1 .July.' ■ 64 r ; ; September .. .. ' 63J December .. .. 60J CLEARING SALE AT METHVEN. Good pri<U)g for eheep -were realiied at a clearing sale conducted by the National Mortgage and Agency Co., Ltd., on account of Mr Michael ; Fbff, ' , Blackfordi":'MethveniThe stock was in flrat-claejs orden -The attendance -was a Mirge and one. Details l»re: — Sheep—Fifty-five two-tooth three-quarter-bred, ewes st 18*,-135 m.s. lam)>s at 9s Ud, 7S full and falling-mouth three-qtiarterbred eflreg at Ss 2d, 57 four-tooth wethers at Us 3d. 116 one-year i ewes at Ss 3d, 100 two and. - three-shear three-ijuarterfcred cwea' at 15s 'Bd, 16 'eight-tooth ewes at >ob "6d, 184 one-year ewes at 3s Gd, 100 two and throeshear efres at 20s, 290 ttvo and three-shear ewes at 13s 3d, 140 two and four-tooth wethers at 12s 3d, 279 two and thres-shear ewes at 19s, 89 eight-tooth iwes at 7s, 229 twotooth ewes at 20s, 21 m.s. lambs at Ss 6d, 14 wethers at Ss Bd, 0 fat ewes.at Ss lOd, 03 'fat ewes at 6s 3d," J7B.L. rsms at Signs. oattie*~Serenteen jnlxed sex- calves at 20s, 18>months-old- steerU' and, heifers at X 8 7s, 4 .cows and 8 runhers at i2 10s each, 2 h»i(* ■«rs at' S3, l at £2 Ss, 1 bull at £3, 1- bull at #8 168, 20 three-year-old steers at £4 12s 3d. 9 hellers at £2 15s. cows in proflt at £8 185,'44, £s,' £5 18s, 44, £3 0«. 34 dry cows * rt A fnU l«®hnaint« and sundrlfs s»ld at faH ntaricet ratsa. _ . —_u-i >