Wellington Wool Sales Attract Keen Competition

Grey River Argus, 20 March 1947, Page 3

Wellington Wool Sales Attract Keen Competition

P.A. WELLINGTON, March 19. The following otlicial report on today’s Wellington wool sale was issued by the Wellington Wool Brokers’ Association in conjunction with the New Zealand Wool Buyers’ Association and the New Zealand Wool Disposal Commission:—Catalogues totalling 37,545 bales were submitted to auction, comprising 34,378 bales of greasy wool, and 3167 bales of slipe wool. The wool, generally, opened up in fairly good order, but there was a proportion of tender and weather-stained clips. There were representative offerings from the Wairarapa, Manawatu, Taihape, Marlborough, and Nelson districts. Owing to the postponement of the February sale, the offering consisted of a fair percentage of early shorn wools. These opened up in good condition. There was a full bench of buyers. Competition came mainly from Continental, American, and local mill buyers, with Bradford operating well. Skirted good style fleece wools met with a keen demand, especially in the finer grades, whilst unskirted poorly got-up fleece wool was neglected, buyers showing little interest in these wools. Well-grown coarse cross-bred wool of good style realised good prices. Bellies, pieces, and necks met with very keen competition. Lambs’ wool was in demand, buyers being prepared to pay high prices for good quality, local mills being, prominent in the bidding.