PRICES FIRM

Evening Post, Volume CXXIII, Issue 17, 21 January 1937, Page 4

PRICES FIRM

WOOL AT WANGANUI

JAPAN NOT COMPETING

(By Telegraph—Press Association.) WANGANUI, This Day. Wanganui's first wool sale of the season commenced this morning with a full bench of buyers. All wools, with the exception of halfbrcds and Southdown, were firm on recent North Island sales. The buyers represented practically aii the wool-consuming countries. The wool opened up in good order, being much brighter and lighter in condition than usual, and the display was one o£ the most attractive seen in Wanganui for some years.

A notable feature was the absencc of Japanese competition, consequently -what fine wools were offered showed a decline as compared with earlier sales. Bradford, Germany, France, and the United States were the mainstays of the market, and lifted practically all wools from 48's and under at prices on par with other North Island centres.

The early range of prices was as follows:—s6-58, fine halfbred, 20d-21i}d; 50-56, medium halfbred, 19.}d-201d; 48-50, extra fine crossbred, 16Jd-181d; 46-48, fine crossbred, 16d-17|d; medium, 15Jd17d; 40-44, coarse crossbred, 16d-16:|d; fine hoggets, 17d-18Jd; medium, 16Jd--18d; fine lambs, 18Jd-19.?d; crossbred bellies and pieces, low to medium, IOJd-llid.

WOOL FOR JAPAN

CERTIFICATES OF ORIGIN

Advice, has been received by the acting Minister of Customs (the Hon. M. Fagan), from the Consul-General of Japan, Sydney, to the effect that, following the satisfactory conclusion of the negotiations for the settlement of the trade dispute between Japan and Australia, the Imperial Japanese Ordinance promulgated on June 25, 1936. providing for the production of certificates of origin for goods exported to Japan has been abrogated as from January 1, 1937. Consequently it is no longer necessary for consignees of New Zealand produce to provide the certificates of origin required by the Ordinance. .

. With regard to wool, however, the Japanese Government promulgated on December 29, 1936, an Imperial Ordinance to take effect from January 1. .1937, applying a licensing system, to imports of this commodity produced in Australia, in accordance with the terms of the trade arrangement between Australia and Japan. A certificate of origin for wool shipped from New Zealand to Japan is therefore! still necessary under this Ordinance.

In order to' avoid any difficulties arising in connection with shipments of wool to Japan, exporters are advised to arrange for certificates of origin to accompany the documents relating to the wool. Collectors of Customs at ports throughout New Zealand will at- | test such certificates if requested to do so.