BROKERS COMMENTS

Evening Post, Volume CXI, Issue 70, 24 March 1931, Page 12

BROKERS COMMENTS

■■ Messrs: iLeviri and: Co. sold 95 per cent, of their catalogue. 1 They remark that well-gbt-up. lota met 'with very pleasing com-petition,-and a marked'feature of the sale was the-inanher in which properly-classed wools'were competed for. ...It. .must be borne'in mind that since our last Wangan.ui sale in January .the markethas-showed advances.in all ,the.\South. Island centres and in. '..Wellington,'. and most of the; advances to-day have been recorded previously ;'in ~New, .Zealand, but in making comparisons we have to compare with the sale on 19th January, which was.our last BalejnjWanganui. The following is the record' of changes.-, on that basis:—Fine crossb'redy 46/48,'3%d up; medium 'crossfcred, 44/46, ; 3d up;/ coarse crossbred, 40/44, 3d. up;,.lambs, 4d up;.bellies and pieces, 2%d up';', "crutchings, 2d. up;,. V;.:\"

Messrs.. Murray, Kobertsj and Co.; Ltd., \«n.d Johnston and Co. state many ;p'f the wools.were seedy and -linskirted.,, "We passed :three ' lots, , and ■ these have > -since been disposed .of.:;, .Compared with the Wellington sale, the market, was very firm ' on,all average to good wools, and also for inferior softs, allowing for their, condition. Skirtings were: fully on a ;par with Wellington rates, and lambs' wool sold well at prices'showing little or no change.' Cpia-i pared with the January sale at Wanga'nui, prices advanced 2%d to 3d, and sometiriies rather more.,■■:.,;, : ■'•■..'.' Messrs. Wright, 'Stephenson, and Co., Ltd., sold, in conjunction with Newton " King, Ltd. - "Our offering; usually' comprises ,a considerable 'quantity, of wool' suitable for the 'Continent, 'and .to-day these yools- • realised «ome very pleasing^prices.: Our group lots again sold well, buyers being most anxious to secure these bulky parcels,' many of ■which .'contained up to 30 and 40 bales. We are pleased to report a total clearance with the' exception of half a dozen lots, on: which growers placed reserves beyond .buyers' limits." New IZealand Farmers' Co-op.vDistribu't-, ing Company, Ltd., report that; the bulk %vas sold. Competition, was keen, especially on wools suitable for the Continent. Growers generally showed a disposition to 'meet'the market. Prices were firm '■onythe '■ Wellington sale.