TO-DAY'S WOOL SALE.

Dominion, Volume 4, Issue 1045, 7 February 1911, Page 8

TO-DAY'S WOOL SALE.

f.WHAT WILL THE CLIPS REALISE. At tho Town Hall-to-day 12,751 bales of wool will be offered by public auction. 'A' great deal ot interest is manifested in! tho sale, andwhilo thero aro many willing to thcoriso" on tho condition of the market, thero is no ono who pi-edicts any extraordinary happening. Tho majority of tho brokers are confident of n good Bale—hopeful of quitting a high percent-' ago at a good price. "Wo aro not looking for anything weaker than last sale," said a broker yesterday. And probably that is nil that a wise authority would say. Ho doesn't expect a fall in values, there is no clear rvaoun fur talking nbout a rise, so—well, he'll tell you all about it after the sul». 1 There will bo a good attendance of buyers. They como from England, America, France, Germany, other European countries; and New Zealand. In somo quarters it is cxpcctcd that tho Americans will operate more freely, than they havo yet dono this year, but it .would bo foolish of sellers to reckon much on that expectation. Tho- Now Zealand buyers are expected to do something ot this sale. They havo bought lightly at. previous salos, and. they still want a good quantity to satisfy theirseason's, requirements. Thero is no dofinito indication, however, as to what proportion of their wants they ptuposo to obtain to-day. ' .. It was suggested ,to or.o keen judgo of tho market that thero was no' reason to talk otherwise than confidently of tho prospects of effecting a good quitting. 'Well,.Ldon't know, he replied; "if tho owners placo.too lugli a valiwon their wool' thero is." This is a phase of tho business the brokers aro. .vcry,,.)niistcr.t about. .They hold that they ar.i more in touch With tho market than anyone elso. on the vending svde, and that sometimes they havo to toko a «c.urs» they know-,to be , unwiso thiough. owners having a slightly wrong idea of tho stnto of tho 'market. - "Thero is danger, of. the farmers getting fal?o impressions .through unreli-able-reports," said a broker, "and such uttornnccs as those of the Hon. . George Fowlds at Levin the other-"day. *.. s lf --an owner writes 'I leave it t«'.yon,':wc tdJuo. the wool—say, at BUI. Wo-won't fell'at less than 81a. Wo cilsht"drop To BJd. .W catch a falling market. But.- q' groat' trouble is. that we are fora'otihics -hand:capped .by not having * free hand.". Tno wool as it is di?n!»t-cil in the stores looks to bo in a heavier condition than that which has come forward at tho earlier sales. Also, it is moro teedy,. Both theso phases of its condition, - of course, cxnccted—they aro common to the time ot "tho year. i