WANGANUI WOOL SALE

Dominion, Volume 22, Issue 52, 24 November 1928, Page 11

WANGANUI WOOL SALE

COMPETITION KEEN SATISFACTORY PRICES OBTAINED By Telegraph.—Press Association. Wanganui, November 23. The first Wanganui wool sale of the season was held to-day, when an offering of just under 10,000 bales was submitted to a full bench of buyers, representing all sections of the wool trade. Prices were very satisfactory to producers, showing an advance of about id. to Jd. on the coarser type of crossbred wool, as compared with the opening Wanganui sale last season. For finer grades of crossbred, prices were on a parity with those of last November, while pieces and bellies, which were in good demand, brought prices from par to id. lower. The official rance of prices for the Associated Auctioneers is as follows: —

Locks — Crossbred 7 to 8 Prices generally were up to the first sale of the present season at Wellington, and anything showing fine was eagerly sought for. Compared with the recent Wellington sale the wool offered yesterday was of a heavier condition, and on the whole not so attractive. In view of these factors the sale may be viewed as a satisfactory one.

BROKERS’ REPORTS LEVIN AND COMPANY, LIMITED. Wanganui, November 23. Messrs. Levin and Co., Ltd., report that for the first sale of tne 1928-29 season in Wanganui the benches were overflowing with buyers from all consuming centres: Great. Britain, United States, France. Belgium, Italy, Germany, Switzerland, Japan, Canada, Australia, and Dominion mills. Good conditions have prevailed during the past growing season, and the recognised actual winter months were particularly equable, being free from drastic changes in climatic conditions, and it was expected soundness would be a feature of this season's clip. The first offering undoubtedly proves this to be the case, although the winter months, as mentioned, were easy on the sheep. We had a fair amount of rain prior to the early shearing of dry sheep. This would naturally tend to keep the wool light In condition, especially us we had no hot weather prior to the shearing of the wool for this sale;; and the estimated yields being high. This is reflected in the prices obtained. On the other hand, the ewes and sheep to be shorn from now on are themselves carrying far more than the usual condition this season, and it Is to be expected, with warm weather before they are shorn, their wool will be fairly heavy in grease by the time it is taken off.

The offering was 10,000 bales, being only 1000 less than the corresponding sale last season. Taking into consideration the 1000 less than the corresponding sale last season, and the unfavourite weather for shearing which prevailed early this month, this must be considered a fair-sized offering. Undoubtedly the good prices realised in Wellington enticed growers to get what wool they could away to. Wanganui, the Wellington prices being fully maintained here. The results are satisfactory, and growers who caught the sale should be very.pleased with the prices realised. Bidding was keen and animated, and came from all sections of the trade. Fine and medium crossbreds, 46-48's and 44-46's. of super style and condition, were eagerly competed for by America and Bradford, the demand for hogget, wool being a distinctive feature. Average and inferior crossbreds of all qualities were in keen demand for Bradford and the Continent, the latter particularly, as compared with last March. Prices generally are down as follows:—Fine and medium crossbreds, 46-48, 44-46, 3d. to SJd. down; coarse and low crossbreds, 40-44, 36-40, 2d. to 2}d. down. As compared with last November, prices generally were ns follows:—Fine and medium crossbreds, 46-48, 44-46, par to higher: coarse and low crossbreds. 4044. 36-40. jd. higher: hoggets. 46-48, par to id. higher; hoggets, 44-46, par to id. higher. DALGETY AND COMPANY LIMITED.

Messrs. Dalgety and Co., Wanganui, report on the woo! sale as follows:—The sale must be considered satisfactory, considering the quality and condition of the offering. Wanganui wool, when compared with Wellington, Was generally heavier in condition, duller, and not so well skirted. Competition for sound hogget wools was firm, Bradford being keen to secure some lots. The English trade was also interested in the ordinary topmaklng sorts, but competition was hardly as keen as at the Wellington sale. Continental buyers secured a fair quantity of medium carding wools, and France took any skirting suitable for their trade. There was a good demand for crutchlugs, considering the quality and condition. We quote: Prices generally were on the Wellington sale basts, although at times rates were inclined to be in the buyers’ favour.

NEW ZEALAND FARMERS’ CO-OPERA-TIVE ASSOCIATION.

The New Zealand Farmers’ Co-operative Districting Co. Ltd. report as follows:— “We submitted an offering of 1085 bales, 90 per cent, ot which was sold under the hammer. There were some very attractive lines, and, speaking generally, the wools were well grown and showed that the sheep had wintered well. There was a full and representative bunch of buyers, and competition was keen. The following clips realised prices as under: —OETA classed by F C D C HAA. 18id.: EAA, 17« d.: EA, 16d., POS 13id.; ER/Mangamahu HAA 18}d.: HA 16jd.: WAAA 17}d.; WAA 16Jd.; T-C AA 17*d.: A 16Jd.; Omula classed by F C D C HAA, lUd.; AA 16}d.: JB/Teaunul, classed by F C D C HAA ISd.; HA 16)d.; AA 16d„ A 15d.;

TWW/Wellbury H 16id.; JGM/Wharfdale, H 10d., E lOd.; GLM/Hessett H 18i<l., E 16jd.; JG/Balwither H 17J<1„ E 153 d.; GFZ H 17(1.; AJH H 17{d., E 16d.; JH/Pembroke H 17d.; Brandon H 17}d.; W. 16d.; Walreka H 17d.; JAH/Tauwhare H 17d.; Mt. Hula H 17d.; KC/811 17id., E 16d.; Tauwhare H 17}d., E 16}d.

NJS. LOAN AND MERCANTILE COMPANY, LTD.

The New Zealand Loan and Mercantile Agency report as follows:—Out of a total ottering ot approximately 10,000 bales submitted, our catalogue comprised 1457 bales drawn from Wanganui, Main Trunk, Palmerston North, and Taranaki districts. There was a full bench of buyers, representing the United Kingdom, America, Japan, Australia, and the Continent, as well as Dominion mills, local scourers and fellmongers. Competition from the commencement was very keen, and at times spirited. Prices on the whole were much on a par with those ruling both in Wellington and Napier. The wool opened up in much better condition than usual. In fact it was one of the best shows we have had for years and our catalogue included a few lines of fine hogget wool which commanded the keenest competition, and realised excellent prices. There is no doubt the quality of the wool is Improving quickly in the Wanganui district, and growers would do well to pay more attention to the classing and skirting of their clips. Many splendid lots were spoilt by being unclassed and unskirted, thus eliminating competition. We feel sure that clients must be satisfied with the results obtained at to-day’s sale.

MURRAY, ROBERTS, AND COMPANY, LIMITED.

Murray, Roberts, and Company, Ltd., reported as follows:—We offered at the opening sale to-day 1032 bales. There was a very large attendance of buyers, representing all sections ot the trade. Competition was animated for any wools approaching the superior style. Very keen bidding was general, Continental buyers being particularly active in wools suitable for their requirements. Wools opened in light condition, but most lots showed seed, more or less, and very few clips were propertly skirted, many being offered with bellies and skirts left in. Prices compared with the opening sale in November last here are about on a par for fine crossbreds, and halfpenny to three farthings higher for coarser sorts. We sold practically all our catalogue, quitting 96 per cent, at the following prices:—MP/Glenrov, HA 193 d., WAA 18d„ WA 10id.; EMCG/Mangara, HA 19)d.. WA IGJd.: J in Diamond, Romney hoggets ISJd., Romney ewes 161 d., pcs. A Walau. HA 16»d., EA 15}d.; YH, hoggets, 16Jd, wethers I3}<l: EMG/Wairere, HA 16‘(d., WA, 15Jd.: Pungataua, AAH 165 d„ EA 15Jd.; ECL, HA 18}d., WA 13d.; Triangle/Maewa, WA 15jd, WB, 15d.; etgs, lOd.: West HO, HA 15id„ etgs. 7}d.: Mate, EA 15d., WA 14}d.: crossbred. Ififd.; Ernscliffe, HAA 18}d.. EAA IBld.; Glonian, ewes Ifid., hoggets Ifld.: Chester, wethers 15}d.; U9/Paklra. HA 171 d.. A 15*d„ B llld: Wythall/EV. HA 19}d„ EAA ISffl' lambs 18}d.; Braemorc. ewes 15jd.; SI under Eyebrow, crossbred 16}d.; JHD/Temaire, hoggets 15? d.; WK/PN, hoggets 16jd., wethers 15jd.; MCD/5, hoggets, super, 19jd., HA 16Jd, WAA 17|d.

Extra fine crossbred, 48/50 — Super Average Inferior 174 to 19 15 13 to 17 to 144 Medium cross, 44/46 — Super 164 to 174 Average ... 144 to 154 Inferior 12 to 13 Coarse crossbred, 40/44 — Super 15 to 16 Average 14 to 15 Inferior 11 to 13 Low crossbred, 36/40 — Super 14 to 154 Average 12 to 134 Inferior 11 to 13 Seedy and inferior 9 to 144 Bellies and pieces— Crossbred : Good to super .... 13 to 154 Low to medium .. 10J to 124 Crutchings— Medium to good .. 11 to 134