AUCKLAND WOOL SALE

Dominion, Volume 29, Issue 99, 21 January 1936, Page 8

AUCKLAND WOOL SALE

Over 28,000 Bales to be y Offered To-day Dominion Special Service. Auckland, January 20. The second Auckland wool sale of the 1935-36 season will be held to-morrow. Buyers are present in full strength, and have been actively engaged for rhe past four days in the wool stores. The wool to be offered is reported to be of verv even quality, comprising mainly medium to fine crossbred wools with a marked shortage of lambs’ wool. In the absence of any outside influences likely to affect the price levels adversely, and with a good tone at the recentJubndon sales, values are expected to rule fully on a par with those at the Auckland sale at the end of November. On the final revision of figures the total offering will be 28,247 bales. Two factors have contributed to the unusual supply situation at Auckland this year. A large proportion of the wool at the first sale represented carryover from the previous season, while the late shearing kept many of the typical early season’s clips off the market. These were thrown into to-mor-row’s sale, the catalogue for which closed fully a month ago. As a result, many normal clips of second sale wool are still in store in the city, almost all the available space being used, to accommodate not only the 28.000 odd bales for the present sale, but also about 17,000 bales that will form part of the offering at (lie no limit fixture in March.