AUCKLAND WOOL SALE

Evening Star, Issue 21004, 19 January 1932, Page 6

AUCKLAND WOOL SALE

A DISAPPOINTING OPENING [Pk* Ukitxd Peees Association.] AUCKLAND, January 19. The second Auckland wool sale of the season opened this morning at noon. The two largest catalogues have not been reached, but, so far as it has gone, the sale is exceedingly disappointing. It appeared that more than 50 per cent, of the total offering of 25,000 bales would be passed, i Prices may ba on a (par with the Auckland November level, except for pieces and bellies, which may be lower. The wool is poorer in quality than November’s offering.

COARSE CROSS-BREDS NOT WANTED

HEAVY PASSINGS The large bench of buyers represented all the chief wool consuming centres, but it was soon evident that their reserves were rigidly low. Lot after lot failed to realise even the low reserves put on them. Bidding was keen enough at times, but the buyers’ ideas were, from the growers’ viewpoint, simply impossible. Fine wools were in fair request, but ordinary cross-breds were not wanted, except at bargain prices The Auckland crop ir almost solely cross-bred, with poarse grades predominating.' The competition of dominion buyers was not no-* ticeable when half-breds and other fin# wools were submitted.