KEEN WOOL DEMAND

Dominion, Volume 21, Issue 222, 20 June 1928, Page 14

KEEN WOOL DEMAND

4 FIRST CRUTCHING AND ODDMENT SALE - LOTS MEET FIRMER MARKET GOOD COMPETITION FROM ' OVERSEAS The first cruteliing and oddment sale to be licl.i at Wellington this season took plai-o .vesierda.v. The various brokers report an unusually keen demand from overseas, as well as local buyers, and prices are described as decidedly firmer. The following is the official range of I ’ ri ' c ’" — (1 d Merino crutchings 15 to 161 Halfbred crutchings 11 to 16 Super crossbred 15 to 16J Crossbred medium to good .. 131 to 15J Seedy and inferior 5 to 13* Crossbred bellies and pieces .. 81 to 171 Locks and standard pieces .. 4} to 91 BROKERS’ REPORTS WRIGHT, STEPHENSON AND CO. Messrs. Wright, Stephenson and Co., Ltd., aud Abraham and Williams, Ltd., report as follows:— At the first cruteliing and oddment sale of the season, there was a total offering of about 3200 bales submitted by all brokers. Buyers were present in full numbers, anil competition was exceedingly keen throughout the sale. Before the sale it was expected that prices, in sympathy with the last London sales, would be a little easier, but.we are pleased t 6 report a decidedly firmer market, especially for good io super lots, and owners have every reason to be well satisfied with realisations A small quantity of straggler fleece and lambs’ wool met with a ready sale.. Some of the best prices realised for crossbred crutchings were: —Gleneigh. 4 bales at 16d.; Ngakonui, 12 bales at lo*d.: Maraaku, 5 bales at laid., 2 bales lambs at 141 d.: Korepo. 3 bales A at laid.; Tawadalp/.nm, 1 bale A at 15)11.: WHarehau/ JM. 1 bale A at laid.: I.andseud, I -bale A :it lajd.; GMS. 1 bale at laid.; Byweil, 2 bales A at Ibid.; E. and Co./OI’O. 3 bales A at. Intel.: Summerhill, 4 bales first I', lad., 1 bale lambs, 14Jd.; BA. 1 bale a> lad.; Waimana, 2 bales A at lad.; JV/WHU. 1 bale at lad.; NGA. 1 bale at I'acroa. 1 bale at lad.; ABM/Waitawa. 1 bale at 14*d.; WJM/Huangarua. 2 bales at 141 d.; MFC, 1 bale at 14*d.; WM/Kaituns. i.ba'le at 14)d.; W in ,VS cle ’xL^, e at. 14UL.; D. 1 bale at Mid.; Matira, 3 bales at Mid.; HPH/Waratah, 3 bales nt 44(1.: K BR. 3 bales at. 14*d.; WBM/ Puruatanga, 3 bales at Mid.; JM/Otaran, 4 bales at 14d.; Maungaraki. 3 bales at lid.: .TF/Rosebank, 4 bales at 14d., Be.i--ferth '* bales at ; RAM, 1 bale at 14d., CTE/M, 1 bale at ’14c1.; WEMT 1 bale at 14d.: Ngamatai/CRJ, 4 bale at 14(1., Tupurupuru, 1 bale at Md.j’HCW, 1 ba.e 14d • AMM/A, 1 bale at Challegene. 2 bales at 14d., 6 bales at 13i<1., 3 bales at 14)6.: Lindale, 3 bales at : 3 bales at 13|d.; JCOL, 3 bales at 13Jd.

MURRAY ROBERTS AND CO., LTD. Messrs Murray, Roberts and Co. report' that their catalogue comprised 539 bales. The offering consisted principally of crutchings, but there was also a 1 fair quantity of cross-bred fleece, besides odd lots of lambs wool and pieces. Some very nice lots of crutchings were shown, and realised exceedingly good figures, lleecc wool was keenly competed tor, some of tho finer quality lots reaching to 19d. and over Some of their realisations were as follow :-Birchhill, Hid.; Glendonald. 14? d -HRB. Woodlands A 16id.; Woodlands’ B 12d; H.P.C. 13d; TAU 13Jd.: Crosshills, 15jd.; Onawe, laid.; E-Eb Mahua,.Md.; J. Bros., Maru, Md., E and M, 13Jd.-; Tehoroa B. 126.; Abbotsford. 144 d.; Aomanga. A, loid.; B, lid., Porthardy, 13*d.; A.McL Otawea. 14d ; Laarsun.il,-14d.; Glenathol, lo*d., Rakau. 14<1.: Teniahora, 13Jd.; Stomer, 146.; US Ranui, 13Jd.; DV M 13*d.; AK, 12J6.; LEVIN AND CO. Messrs Levin and Co., Ltd., report that there were representatives of Bradford, the Continent. Canada. Japan. Australia, Dominion mills and fellijiongers. all ot whom seemed eager to obtain wool at their limits, and competed freely for their various requirements. Local scourers found it difficult to procure their usual winter requirements, owing to the strong, all-round competition from overseas buyers. Their catalogue comprised 792 bales, and they quitted the whole, with the exception of a few odd lots. The bulk of the offering comprised crutchings, and there were, several parcels of fleece wool, in addition to a small quantity of scouring wools. Merino .and halfbred crutchings were in short supply. Superior lots of crossbred crutchings met with keen competition, mainly from Japanese buyers,' aud the local mills. LOAN AND MERCANTILE AGENCY COMPANY, The New Zealand Loan aud Mercantile Agency Company reports that competition for fleece and, crutchings was very’ keen and practically every lot changed hands at exceedingly satisfactory prices.' ' In fact crutchings elicited the keenest competition at any cruteliing sale for years past. Some of their sales were as follow:—Crutchings; Ngaupe. 12d. to 14Jd.; P/Tividale. HJd. to 131tL; Branch, lotl.t WK/O. 13»d.; Brownhill. 9Jd. to 133 d.: 1.1 F'Ngarara. 1316.: KKK. lljd.; TEC, 1016. to mid.; Moeraki,- 13d.; RTB/Moewhango. 161 d. to lold.: LJS/M, 13? d.; Greenhill MC. 13J(i.: MXV, 9d. to lud.; PGT. 14'jd.: Camphlll, 13d.; binned crutchings. 816. to 15}d.

WAIRARAI’A FARMERS' CO-OPERA-TIVE ASSOCIATION. The Wairarapa Farmers’ Co-operative Association. Ltd., report that their catalogue contained some choice lines from the Wairarapa and they sold practically the whole offering under the hammer. The following are some of the crutchings sold bv them:—Kumu Kiiniu, 161 d.: E W conj.. 151 d.; Pine/Grove. 16Jd.: CBP/Hutinga, 1516.. 136.: Annetlalc, 16(1., 141 d.. 12*d., 1216 : Tawhero, 15J6., 1416.: Papatahi/H, 1516.: LTSB. 14Jd.: RCE/Mangahuja, Hid.: MF, 14»d.; Taki Taki, 14*d.; Various. 1Q<.1.. 13»d.. 121(1., 12d.: MB/B, 13Jd.: Hillside, 13d.; CB/Ngaturi, 12JdDALGETY AND CO. Messrs Dalgety aud Company, Limited, report a very sound sale, with excellent prices for good, well classed crutchings. Local scourers were well in the market fof medium seedy lots, and this class of wool sold remarkably well. Very seedy lines also met good competition from the same source. They offered a considerable quantity of merino and halfbred crutchings. also eye clips and second crutchings. principally from the Marlboroughdistrict. Any lines of these, being free from seed, 'were eagerly competed for, and generally taken by local mills. Briefly, the sale was very sound, prices being all through, slightly above brokers ideas of values. They offered 548 bales, their top price for crossbred crutchings being IGJd. lor the well known Huiarau brand, aud for merino crutchings. Ilillersden brand Uijd., haltbrcd RU in D aud Ketu brands 15d. The following are some of their principal realisations: —Merino and Halfbred crutchings: Benopai 161 d., loj|d., and 15d.; Ilillersden, 1616.; Brancott, 15jd. and Is]d.; Ketu Kid. and 12d.; Gowan brae 13d.; KU IN D, 16jd. and 15d.: crossbred crutchings: Huiarau 16}d. and 121 d.; Anchor 144(1. and 12d.; JMCK, 13d.' K/Tlkitapu, 15Jd.: AC/Stoheycreek, 15Jd.; JW/Hal:amii, 12(1.: A&A, 14jd.; HS/Ngawaka, IJjd.; RM Wantui, lljd.; Korlrata. Itljd.: Tokauui, Sd.: JH/Iwiroa, 141(1.; Tablelands, Did.: WBX, 14)6.; Arivore, 15; WTT, 121(1.; KW, 9}d.; T/Waireka. ltd.; Ngatuotu, laid.; Kawliatau, 8)d.; T/Tauanul, 14Jd.; Eastry 15jd.; Chelslicld. 151 d.; F.TR, 141 d.;, Cinderhall, 141(1.; KMK/M, 13}d.; Dunira, 146 ; HC/S, 14}d.: Cornfoot/S, 13}d., 3/33, Hid.:, Viewmount, 13Jd.; Teroto, Kid.; MDC, 14d.; o/WCT, 15(1. and 12d.; Arata, 1.'1d.; Oliinewairau/TIIL, l.'ljd.; Crossed Keys, 14}d.; IFI, 12}d.; Tutrumuri. 15t1.; Ehurna, 15(1.; Punawal, 15d.; Limehurst, 14d.; KJD/Pahllat, 15(1.; Sionestcad, 134 d.; CIIR, 12jd.; Cam, 12(1.; IIJF, 12d.; Ailsa, I0d.; Whareroa, Hid.; AMO, 8)d.; Manton, 13d.; WP/H, 15)d.; ARIL 14jd.; Rajput, 134(1.; FEL, Ujd.; FT/R, 10)d.; Glenside, 154 d. and 'HJd; Arakoa, 144 d.: Kopjes, Old.; Rangataua, 14? d.; Puketiti, 13jd. ; GP/Maungawal, 124(1.; Mnkapua. 14)d- and 12d; P/PL'niiia, 12-2(1.: MK/.M, 9d. .