SUPPLEMENTARY REPORTS

Evening Post, Volume CX, Issue 86, 8 October 1930, Page 14

SUPPLEMENTARY REPORTS

Reports received m Wellington supple- , jnentary to Press dispatches relating to the closing of the September-October serjes, and dated 7th October, are as-, follow:— • The Bank of New Zealand Produce Department.—"The sales have closed weak, xnth a downward tendency. Current quotationsr Merino, super 12d to IZMii per Jb, ordinary lOd to lid, inferior 8d to 9d; halfbred, lOd to 10% d; crossbred, fine S%d to 9?id, medium Sd to S%d, coarse ' yJ/ 2 d to Sd." . > . I Messrs. Levin and Co.—"The auctions Closed here to-day with good competition j »t the lower prices, with the exception jpf scoured crossbreds. A considerable quantity of the wool is being held over, j Compared with opening rates, we quote: Greasy merino, best %d per 1b lower, average %d to %d; fine halfbreds, 50 to 56's, Vsd to Id; halfbreds, 48 to 50's, %d; | ■ iine crossbreds, 46 to 4S's, %d; medium, 44 to 46's, %d; coarse, 40 to 44's, %d; low, 86 to 40's, 94d. Scoured crossbreds, 5 to JO per cent.; merinos, 5 per cent.; slipe jtrools generally, 5 per cent, to 10 per cent., ill lower." • Messrs. Wright, Stephenson and Co., jmd Abraham and Williams.—"Wool igales closed. Average attendance of buyers. Market irregular; Continental and Bradford buyers chief operators; 158,000 bales offered for series to date; 129,000 bales sold for series to date. Greasy merinos, 60 to 64's, lOd; greasy fine halfbred, 56 to 58's, 10% d; greasy halfbred, 50' to 56's, 9%d; greasy three-quarterbred, 48 to 50's, 9d; greasy fine crossbred, 46 to 48's, Slid; greasy medium crossbred, 44 to 46's, SVid; greasy crossbred, 40 to • 4.1% 7?id; crossbred lambs, 46 to 50 s, gy 2 d. Australian merinos prices 5 per pent, lower." ■ New Zealand Loan and Mercantile Agency Company.—"The sales closed ■with a weak tone to-day. As compared v jvith last sale's closing rates, prices are lower about 10 to 15 per cent, for greasy merino inferior, merino lambs, scoured merino super, fine crossbred slipe, and fine greasy crossbred; prices are lower about 15 to 20 per cent, for scoured crossbred, scoured' merino, medium and inferior, also Coarse and medium crossbred slipe; prices are lower about 5 per cent, for greasy jnerino super; prices are lower about 7% to 10 per cent, for greasy merino medium; prices are lower about 15 per cent, for crossbred lambs, also medium and coarse greasy crossbred, and prices are lower about 25 per cent, for crossbred slipe inferior. The prices realised for average to super grades of descriptions as below were as follows-. Merino, super U%d to 13% d, average 9d to lid; crossbred, 56 to 58 s lOd to 12d, 50 to 56's 9Vid to lid, 48 to 50 s B%d to 10%"d, 46 to 48's B%d to 9%d, 44 to 46's 8d to 9d, 40 to 44's 7%d to B%d, 86 to 40's VAA to 8%d." Messrs. Murray, Roberts and Co.— PSales have closed irregular; competition feir; all sections operating cautiously. Compared with last London sale's closing iates, greasy merino, best descriptions, par to 5 per cent, decline; greasy merino, i medium to good, declined 10 to IS.per cent.; greasy merino, medium, declined 25 per cent.; greasy merino, interior and fault}', declined 15 to 20 per cent.; iambs merino greasy, except the best descriptions, declined 10 to 15 per cent.; scoured merino, best, declined 5 per cent.; scoured merino, medium to good and inferior, declined 15 to 20 per cent.; lambs merino scoured, good to extra good, declined Sto 10 per cent.; lambs, merino Scoured, inferior to medium, declined 20 to 25 per cent.; crossbred greasy comeback and halfbred, declined 10 to 15 per cent.; crossbred, greasy fine,, declined 10 ' »er cent.; crossbred, greasy, coarse to medium, declined, 15 to 20 per cent.; crossbred lambs declined 15 to 20 per cent.; crossbred greasy, good length and staple, shows the least decline; crossbred scoured, fine, declined 10 to 15 per cent.; crossbred scoured, coarse to medium, declined 20_ to "5 per cent.; crossbred scoured, inferior, declined 25 per cent.; slipe halfbred lambs, 'best descriptions, declined 10 _ per cent.; slipe crossbred, other descriptions, declined 15 to 20 per cent." Messrs. Dalgety and Co. r Wool Sales closed fairly active, with fair competition and good attendance; selection fair but including, heavy offerings ol scoured. Continental buyers were tne ' -principal operators, Home trade operating fairly freely at lower range of prices. Scoured inferior and faulty fleece and stortings neglected. As compared with closing rates of last series:—Scoured super, merino, 2d lower; scoured merino, average tp good, 2%d; scoured merino, inferior and . faulty, 3d to 4d: greasy merino, good to super, %d to Id; merino greasy, average • to good, Id to l%d; merino greasy, inferior and faulty, l%d to 2d; halfbred, superior ' Id to l%d; halfbred, average to good, l%d; halfbred, inferior and faulty, Id to l%d; crossbred, fine greasy, Id to 2d; crossbred, medium, l%d to 2d; crossbred, coarse greasy, l%d to l%d; scoured halfbred, 2d to 3d; scoured crossbred, 2d to 3d; lambs, 2d to 3d. Offered 165,449 bales. Continent have bought 70,500 bales, Home trade 56,500, America 1000, carried forward 77,500, of which 53,000 not offered. The .following is the range of prices:— Merino, good to super ll%d to 14d, low to medium B%d to lid; halfbred, 56-58, good to super lid to 14d, low to medium Sd to 10% d; halfbred, 50-56, good to super lOd to lid, low to medium 7%d to 9%d; fine crossbred, 48-50, good to super QVzd to , 10% d, low to medium 7%d to 9]/sd; fine Crossbred, -16-48, good to super 9d to lOd, low to medium 7%d to S%d; crossbred, 44---4-48, good to super B%d to 9%d, low to , medium 7d to B%d; crossbred, 40-44, good to §uper B%d to 9d, low to medium 6%d to B%d; coarse crossbred, 36-40; good to super S%d to B%d; medium to good 6iid to Bd.