WOOL MARKET.

Evening Post, Volume LXXXIII, Issue 8, 10 January 1912, Page 3

WOOL MARKET.

TO-MORROW'S SALE,

The January wool sales will be held at tho Town Hall to-morrow, opening ivt 9 a.m. Tluue> will be k some, 17,466 bales offewl. which compared with last January's p.iL) phows v lulling, off of some SOt'O btilis. The January ".sale is usually a hcovy ofto ;>f regards quantity, but the t'xceplioiially rough we'athev which has been experienced all 1 o\ci > New Zealand hae seriously hamjwiKxl shsu-ei'*. There have been periods of two or three days at U' time when, them ing him beon impossible. So far no complaints two been made- of delay iv transporting the wool. Th& local broken' btaiK haw been very bppy. !-o have the buyers, who arc in Wellington, in fcrgo. Up very i early in the, morning they me 'in the' wool, stores as soon is there is daylight enough for their purpose of appiaking the wools which, they tire anxious" to obtain. Buyers are here for the United States, France. G-er-nuvny, Belgium, und the United Kingdom, uleo on Japanese account, and local woollen manufacturers' representatives will also attend the sales on tho lookout fcr the fine wuck suitable ior -their re> quiivmonis. Jiicomb, Son. and Go., reporting by muil on the concluding «&!* of 1911. stated that "Micro is evidence in (he business transacted since thecloso of September auctions that American buyers are> in the market for suitable ports." With regard I\> prices, they are expected to be about on the tattle level as these for December, the last local wile, if not higher. The cabled reports el' labour uneasiness nt Bradford may or way not make a difference. Mail ad- . vices to ay hits as Ist December last/ from London show that to woolmen the industrial • and political outlook waa brighter than at ttic beginning of October, but that there- was much labour unrest and the general prospects for trade were not I*o good as that time twelve months back. Buyers were exceedingly cautious and disinclined to operate too far ahead. 'Dalgety and ' Company, Limited, Wellington, have received tho following cablegram from their London house, dated Bth January, as follow* :— "Wool — List of arrivals has closed, and all your wool's have arrived in time. The new arrivals amount to 353,000 bales, and 181,000 have been forwarded direct to manufacturers at Home and abroad. There are 10 000 bales from old . Htoeks, leaving available for isdo 181,000 bales."