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WOOL AND MEAT

- ■ AMERICAN TRADE. PROSPECTS FOR DOMINION. OPTIMISTIC VIEW. (By Telegraph.— Special to Star.) WELLINGTON, Nov. 24. An optimistic view of trade development between New Zealand and Australia and the United States was given by the Hon. Donald McKinnon, Commissioner in the United States, for the Commonwealth of Australia, who passed through Wellington en route to Sydney. He based his opinion on careful observations in many parts of "the United States. “I learned a good deal about the woo] trade over there,” remarked Mr. McKinnon. “I was told about two months ago in Boston by leading wool people that immediately after the Presidential election Americans would be strong buyers of Australian and New Zealand wool. For the last two years their factories have been working about half-time, and stocks have become extremely light, especially ol the finer classes of wool. Large "distributors of clothing and woollen goods for the last eighteen months have only been buying from hand to mouth. This was the result of uncertainty as to the possible changes in the tariff incidence of the present wool tariff in America. It is thought by many people to be a rather unsatisfactory one, but, of course, some of the American wool raisers have done well under it. It is certainly a- question whether they might not have done nearly as well with a differently adjusted tariff. “Trade between Australia, and New Zealand arid America seems to me to be .certain to increase, and that very rapidly. My idea is that the proper entrance for our products into America is through the Panama Canal. We want to get trade from Australasia to New Orleans, Baltimore, Philadelphia, New York, and Boston. California is a serious competitor with Australia in many hnes. For example, in the New York meat market you find a large quantity of Californian raised lamb. [Americans are not big beef-eaters. The manual labourer class, ' who are in most countries, where they can afford it, large consumers or beef and mutton, are m America largely of foreign origin. The workers in the steel industry come from Czeeho-Slovakia, the porkers on the railways are Mexicans and Italians, .the men who do the heavy manual work and a good deal D le ._ a Ltisan work in connection with the building trade, which is very active in America .at present, are largely Italians. They have not yet learned to eat_ _beef and mutton like Australian and New Zealand workers, and the middle classes do not eat, much meat, because there has been a medical propaganda against flesh-eating They incJnie more to consuming fruit and vegetables, salad and fish. SALE AT WANGANUI. FIRM TONE PREVAILS (BY TELEGRAPH —PRESS ASSOCIATIONmv , v WANGANUI, Nov. 24. -V* e Wanganui wool sale opened tonight, there being a large attendance of buyers, representative of all parts of M° S i Die wool was crossbied, and the_bulk of the buying was efime by Bradford. There was a firm tone throughout the sale. - °, n r th f TDces realised at the last sale in March crossbred appreciated- by approximately 2d to fine crossbred 2-6-48 quality) 4d to s)d, medium (444b) 5d to 6d, coarse (40-44) 5d to 6d 4d V 4 36 6d° ) 5d t 0 6 2 d v belies and pieces th?«r- ran § e °A. Di’day’s prices, with the prices for the sale on March 19 in parentheses, is as follows: c Fme „ crossbred (46-48 quality) to 23§d 21d t 0 crossbred (44-46).-Super Sri + L ° i? a 7«i’age to 25Ad (ltd to iff!).' Infwor - fli to 28d . C o oar ? e crossbred (40-44).'—Suner 24d iEa 2 it" d, T aV / rage 21 * d tc .23id (14)d to Isd) ' lnfenor ’ 19d 10 21d (12)d to , t®' l ' crossbred (36-40).—Suoer 21)d toi i t ? ve . ra s e 20d to 21d (14d to ill) Inf€nor ’ lsd to. 19d (lid to . Hoggets (48150).—26d to 29d; fine d to 28|d (21d to 23d). Medium: 23cl to 26t 2 _ (17cl to 19)d). Coarse, 24jd (14d to 16) d). Low, 20Ad to 233 d (13d to 15d). ' Lambs. Little offering. Not quoted. Bellies and pieces (crossbred).—Good to super 19d to 22d (13d to 15*d). Ciossbred, low to medium, 15d to 18)d (lid to 13d). Locks —lid to 13;id (8d to 9)d). Crutch mgs.—Medium to good, 13 Ad to lod (12d to 14) d). Inferior and seedy, 10d to 13)d (7d to ll)-d). BUOYANT MARKET. ' . Irie I 1 armei’s’ 00-operative Organisation Society of New Zeaalnd, Ltd., Hawera,-report as follows:- — . the first Wanganui sale last evening we submitted a catalogue comprisabout 3(X) bales of good top-making wools, with few lots of superior quality. All lots met a very buoyant market, and prices showed added strength on those lately recorded. The . bulk of the competition seemed to come from representatives rrom Bradford, who were eager competitors for all lots, Continental buyers apparently holding limits too low to admit of serious competition, although a few parcels came their way. The whole of our catalogue was' cleared under the hammer at prices that must, we think, he considered most satisfactory, as a glance at the following lealwill show:—SAM U Rom, 26d ; HK. TOKO, EA, 2 5id ; LM T. Rom. 25)d ; HC T, X Bd., 23d • AM, TOKO HA 23)d, HB 23)d, FA 25d; LB 0, RH. 24Ad ; LB O, RH, 27d ; LB O W 24)d; CLR E 24)d ; RAUPUHA, Rom’, 2old ; AJC. H, 26d; WHAR, E, 223 d: ACS X Bd, 23)d; OIK A, RH, 23d | OIKA, LH, 18Jd ; OIK A, RE, 24) d; LB 0, H. 25d; LB O Bis. 174 d • TARERE H 233 d ; W & W H. HAA 24d : W & W. H, HA, 24§d; W <fc W H, WAA, 233 d; HAF T. H, 22d • HAF T. 2 tt d ’ HI BUBNSIDE H, 263 d; D 6, H, 23)d; A 7 X Bd., 23*d. SALES IN SYDNEY. BY CABLE—PRESS ASSOCIATION —COPYRIGHT SYDNEY, Nov. 24. ' At the wool sales the market was very strong for all descriptions. Best wools, skirtings and other lines, realised rates equal to the -best of. last week’s sale. Greasy merinos made up to 49d, and comebacks and crossbreds both established records, realising 42)d and 40d respectively.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19241125.2.38

Bibliographic details

Hawera Star, Volume XLVIII, 25 November 1924, Page 5

Word Count
1,025

WOOL AND MEAT Hawera Star, Volume XLVIII, 25 November 1924, Page 5

WOOL AND MEAT Hawera Star, Volume XLVIII, 25 November 1924, Page 5

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