N.Z. WOOL TRADE

Dominion, Volume 32, Issue 260, 1 August 1939, Page 12

N.Z. WOOL TRADE

Results Of 1938-39 Season

SMALL CARRY-OVER

There will be a very small carry-over of greasy wool into the 1939-40 season. At the end of June it was estimated by Dalgety and Co., Ltd., that the greasy wool held in brokers' stores and growers’ sheds was 23,868 bales. This quantity will be materially reduced by disposals of crutchings, etc., at the winter wool sales now in progress and also by direct shipments; so that the new season will open with a minimum carry-over of old wool. In their annual review of the New Zealand wool season, 1938-39, Dalgety and Co., Ltd., give the production as 803,831 bales of greasy wool and 117,290 bales ot slipe and scoured wool, a total of 921,1-1 bales. The quantity carried over at June 30 last is given as 28,868 bales of greasy wool, ,1592 bales of scoured and 15,141 bales of slipe .a total of 45,601 bales. The quantities <>£ wool sold and the average price a bale realized at the various selling.centres were as follows: —

The following table compares the results of the New Zealand wool sales for the last two seasons: —

1937-38. 1938-39. Bales sold 1 Net weight, lbs. .. 21o,ilw,;wb 240,G13,_1h_ Weight per bale, ]>bs. 343 341 Gross proceeds ••• £9,027,90a Average per bale .. Al4/XV? Average per lb. ... 10.04 d. 9.17 d.

During the 1938-39 season, the quantity of wool sold increased by 90,531 bales, or 29,847,6261 b., and the gross value by £358,470. The average price per bale was lower by 26/1, and the average per lb. was .S7d. lees. Of the 720,202 bales of wool sold in New Zealand during 1938-39, 717,1-14 bales (99.58 per cent.) was greasy wool, and 305'8 bales (.42 per cent.) scoured and slipe. The greasy wool realized £9,344,663, and the scoured and slipe £41,712. Of the total quantity sold 704,278 bales (97.99 per cent.) was crossbred or other strong wool, and 15,924 bales (2.21 per cent.) merino. Fleece wool comprised 695,707 biaies (96.60 .per cent.), and lambs 24,405 bales (3.40 per cent.). The distribution of the wool sold in New Zealand during the 1938-39 season was as follows: — Bales. United'Kingdom 316,817 France 147,444 Japan, China, India 31,714 Germany Belgium and Holland 37,233 UjS.A. and Canada 48,600 Egypt and Mediterranean porta 7,329 Russia, Norway, Sweden, and Denmark 19,462 Poland and Czechoslovakia ... 6,782 Australia and 1 Tasmania 34,300 Local manufacturers 27,800 Local scourers 22,500 720,202 The following table compares the gross realizations and the average prices per bale and per lb. tor the last seventeen seasons:—

Wool, Sheepskins And Hides At the Palmerston North wool, skin, hide and tallow sale, held by Abraham and IVilliiams, Limited, wool showed a slight Increase on late rates. Sheepskins advanced id. to id. a lb. Hides were on a par with late rates. Calf increased slightly. Wool: Southdown, to DJd.; crossbred, 81d. to Ifld.; crutehings, first, Bd. to Bid.; cruitchings, second, 6Ad. to 7|d.; locks and pieces, 3d. to -lid. Sheepskins: Fine first, Sid. to Dd.; crossbred, Dd. to Did.; quarter to halfwools, Sd. to Did.; shorts, sd. to (id.; fine hoggets, Sid. to B}d.; hog-gets, Sd. to Bjd.; lambs, 7<l. to BJd,; crossbred, damaged, 7d. to Bd. Hides: Ox, heavy 6M. to 7 5-Sd., medium Gd. to 6Jd., light sjd. to sfd.; cow, heavy s}d. to 53d., medium s}d. to sfd., light s|d. to SJ-d„ cut 4d. to 4 5-Bd.; yearlings, Gid. to Sjd.; calf, light first lOd. to 10jd., light second Dd. to 10d., cut Sd. to Dd. Tallow And Hemp Markets Dull The Department' of Agriculture has received the following cablegram from the High Commissioner for New Zealand, dated July 28: — Tallow —Market continues quiet. Present spot quotations are unchanged. / Hemii> —Manila : Market dull and easier. “K” grade, July/September shipment, £l5/15/-. Sisal: Market easier, inactive. August/October shipment, quoted sellers £l5. Peas—Maples: Market ' quiet. Price nominally unchanged, in absence of business. Parcels, 20th, 70/-. Nothing further obtainable. Early this month No. 1 New Zealand. July/August shipment, sold 77/-; August/September shipment offered 77/6. Afloat occasionally offered by resellers, 76/-. AUCTION DIARY IODAY Levin Sale, 11.30 a.m—Mixed Stuck. At Fordell Saleya rds, 1 p.m.—Clearing Salc of Daily Stock, etc., acc. Mr. W. A. McDonald, Mangamaliu (N.Z. Loan and Mere. Agency Co. Ltd.). 1)1 Dixon Street, 1.30 p.m.--Household furniture (C. W. Price). TOMORROW Ma.-iertou Sale, 11 a.m.—Mixed Stock. Johnsonville Fat Stock Sale, 1 p.m.— Mixed Stock (Wright, Stephenson * Co., J.td.l. 66 Hobson .Street, 1 p.m. —Sale ot Contractor's Plant, Machinery, Moror Vehicles, etc., n/c Messrs. Christian! A- Neilsen Ltd. (Johnston & Co., Ltd.'. 22 Brandon Street, 2.30 p.m.—Sale ot Dwelling al I’orlrua, a/e Mortgagees (H Ernest Leighton Ltd.). ID I 'lislomhotise Quay, 2.30 p.m.—l2-room-od Guest House,- IS McDonald Crescent, ■i <• Est. late Mrs. L. A. Smith;.also Building Site at Kelburn (S. George Nathan & Co.). 1.11 1.16 Featlierston Street, 2.30 p.m.—Reslilential Propertv with 3-aere, 326 The Terrace, ‘Wellington (J. IL Bethune A THURSDAY. .. Gtiuzuee Street, 10.30 a.lll. — Sale io Cabinetmakers' and Joiners’ Plant (Johnston and Co.). ' I hinn-vi rkc Stock Sflle, 11 a.m.—Mixed Stock. , <J|. Darin, Matarao.-i, 1 p.m.—Clearing Sale of Dairy Herd, acc. Mr. F. Jones ( Wriglit, SteplHMiHon aud Co._ Ltd.). Waikimae Salo, j. p.m.—-Mixed Swell,

Bales ■ sold Average a bale £ w. d. A ii(*kbiii<l . .«*. ... 86,617 .12 17 6 Christchurch .. .. 102.705 12 .11 15 0 1 )u iip<1 in ... lO.'l.O-lO 12 1 Invercargill Napier ... 50.730 ... 121.868 12 13 6 .11 0 r l’im ji rn ,.. 47,733 12 15 Wanganui ... 76.085 12 14. 10 10 Wellington ... ... 127,403 3 1 Hl pulipi in 04 —— 3,021 —- 720,202 —

Gratis value. £ Average Price Per bale. Per lb. d. 4? 9. d. 1922-23 7,930,942 16 12 7 10.85 1923-24 11,023,924 23 1 15.78 1024-25 13,537,344 29 i) 0 20.21 1925-26 • 8,2' 2,847 10 10 • • 11.93 1926-27 9,208,ns 17 18 8 12.70 1927-28 13,00-1,200 23 18 4 10.67 1928-29 12,217,382 21 4 6 14.88 1929-30 5,150,897 12 1 0 8.55 1930-31 3,558,587 7 19 10 5.G7 1931-32 7 10 4 5.20 1932-33 4,’327>2 7 10 3 5.15 1933-34 10,451.565 10 1 3 11.07 1934-35 4,486,480 9 7 0 6.54 1935-36 10.083,297 13 6 o 9.13 1936-37 15,344,231 22 6 8 15.71 1937-38 9,027,905 14 6 9 10.04 1938-39 9,380,375 13 0 8 9.17