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Evening Post, Volume CXX, Issue 141, 11 December 1935, Page 14

MORE SOLD AT HIGHER PRICES 1 The New Zealand wool selling and : export season 1935-36 promises to show a substantial improvement in business over that for the season ended in April - . last. • Dalgety and Co. report that ; for the five months of this wool year, July 1 to June 30, 45,178 bales of 1 wool had been sold—this would include the sales at Auckland —against 17,978 bales for the corresponding period of 1934. Also, exports of wool for the : five months of this season were : 102,491 bales, compared with 61,143 . bales for the five months ended November 30 of last year. The detailed returns of offerings and sales are as follows:— 5 mos., 19l)o. 5 nuis., 1934. Bales. Hales. Offered. Sold. Offered. Sold. Dunedin . 3.357 2.021 1,161 904 Timaru ... 2,186 1.752 540 534 Christcluirch 3,336 2,917 1,003 945 ; Blenheim . 56 50 14 41 Wellington 6,036 5.651 1,171 1,055 Wanganui . 5,036 4,991 402 402 , Napier .. I,'SOl 1,714 638 620 Gisborne . 606 ' 640 998 902 • Auckland . 26,010 24,501 i 19,155 12,512 45.75-1 45.17S 25,112 17,978 Offerings and sales of wool in all centres for the month of November, 1935, ' were 22,743 bales offered and 21,631 '■ bales sold. Of this quantity 21,765 were put up at Auckland, the first sale of this season, and of these 21,631 were sold. NAPIER RETURNS LARGE INCREASE ON LAST YEAR (By Telegraph—Press Association.) NAPIER, December 10. The wool cheque for the first sale of the season last week will amount to £312,000, this resulting from a sale of approximately 26,000 bales. In 1934 the December sale brought a quittance of between 13,000 and 14,000 bales and about £110,000 in cash. The average price per bale last week was about £12, against between £8 and £9 at last December's sale. OTAGO PROSPECTS OFFERING AUGMENTED (By Telegraph.) (Special to the "Evening Post.") DUNEDIN, This Day. Sufficient wool is already in store in Dunedin to fill the extended catalogue of 30,000 bales to be offered at the first sale of the season, to be held here on December 20. Wool has been coming into this marketing centre very quickly. The catalogue for the first sale was originally limited to 25,000 bales, but that limit has been extended to 30,000 bales. Already there is sufficient wool in store to fill the catalogue. The -quality of the wool appears to be very good, condition being light, while there are many bales still held in store from last season, and some growers have held quantities which were not offered last year. The greater proportion of the wool to be offered is of the new season's clip. CHRISTCHURCH OFFERING The first sale of the season ito be held in Christchurch opens tomorrow. The allotment made by the New Zealand wool committee for this sale was 24,000 bales, but it is believed that there will be no difficulty in disposing of this quantity if growers are prepared to meet the market, which on Bradford cabled advices, as published yesterday, has a weaker note than when the Auckland and Napier sales were held. WELLINGTON'S NEXT SALE - The Wellington Wool Brokers' Association report that catalogues for the second wool sale, which will be held on January 6, have been closed, the full quota of 30,000 bales having been received into store. THE SYDNEY MARKET JAPAN A FEATURE (By Telegraph—Press Assn. —Copyright.) SYDNEY, December 10. At the wool sales today, 12,960 bales were offered and 11,655 sold, 1179 privately. There was keen general competition, from Japan particularly. The market ruled firm at the previous day's rates for all descriptions. Greasy merino sold to 24 pence. (By Telegraph— Press Assn.—Copyright.) (Received December 11, 10.30 a.m.) ANTWERP, December 10. Antwerp wool futures. are ,as follows: —January, 27^d per lb; March, 27 7-8 d; May, 28 l-Bd.