WANGANUI WOOL SALES.

Hawera Star, Volume XLVIII, 28 November 1924, Page 8

WANGANUI WOOL SALES.

N.Z. LOAN AND MERCANTILE AGENCY. At the first wool sale of the season on Monday a catalogue of 10,400 bales was submitted by nine brokers,* our proportion being 1948 bales. The . bidding was keen from the outset, and the prices • recorded must be highly gratifying to. wool .owners. They were tne highest ever received by farmers in the Wanganui district. The bidding was well, spread, Bradford and Continental buyers being particularly keen. The few lines suitable for the American demand were strongly competed for, but there is not . a great quantity of such, wools grown in this territory. Tke Wanganui sale furnished the first real idea of the prices that were offering for top-mak-ers and spinners’ wools, as the balk of the offerings at the' previous sales of the season were super wools aud in unusually good condition, whereas the Wanganui catalogue was a good fair average of what the district produces. As to whether these extraordinary prices, will hold is a question it is impossible to answer at the moment. The test will come when the big offerings are submitted at the next sale on January 9. The clip this season is generally well grown, but owing to the continuous wet weather some of the wools were rather ‘‘thin,” resulting in a. poor average weight per fleece. .Our catalogue was very strongly competed for by all sections of the trade. Wool classed by the company sold particularly well, and ample evidence was forthcoming of th© value to the farmer of proper classing. Wools binned by the company realised excellent prices, as high as 28d per lb being paid for one line. Following are some of our FXH, Hoggets, '253d; Raupilrau, A 24d, B 213 d; Wbakatea, EA 263 d, E B 22d ; Koraenui, A 26d, B 25d, C 263-d, Pcs. 16d, ctgs. 12d; RTB/Moawhango, H A A 27d, H A 253 d, H A A 28-J-d, H A 28d, H B 27|d, A A 263 d, A 243 d, B 233 d, H pcs. 20d, M bel’s. 163 d; Ruae, H 26d, W 253 d; TXC, H 25/d, E 25.1 d, W 241 d; MB, H 233 d ;OL, H 223 d, E 213; Preston Hill, H A 273 d, H B 253 d, W 243 d; C & Co.. E A 23d, E B 20-id. W 2.1 d; Westoe, Ctgs. 133 d, B hoggets 24d; W H W. A 24|d, B 24d, -C 213 d, Pcs. 193 d; Monavale, A 253 d, B 243 d, C 253 d H B 26d, Pcs. 18id, Bels. 16-fd; Five Bros., A A 27d A 25d, B 243d”' C 24d, H A 2o|d, Pcs. 193 d, Bis. 17d ;■ Mt. Zion, H 29d, H A A 273 d, 5-bred 28d, A A 26d, A 24|d, B 23d, Bis.. 173 d; 585 over AS, E 24d, H 2od; H 0 H, Hogts, 25d: G P in circle W,' HA A 27-id 1 , H A 263 d, II D A 24id, H Belh., 19d, A 263 d, B 24J, C 243 d, D A 243 d, Bis. Pcs. 163 d; Tanwliare, A 253d' H 253 d, 3 243 d, D 24d, Pcs. 18d; Waihape, W 24d, E 24d, H 233 d; Adare, E 23id, W 233 d; H.& S. H A. A 28d, H A 263 d, H B 243d', W A A 27id, W A 26d, W B 243 d, W C 243 d; A E 253 d, B E 243 d, E C 233 d, M 21id, D 21d, Pcs. A 18d, Bis. 16id, , Locks 12-3 d, Lambs* 21d; HBS/W E 21d; Te Rewa, H 26id; Taukoro, HA A 273 d, H A 26fd, A 26d, B 25d, C 24d, L 23|d, D B 22d; Pcs. 17id, Bellies 163 d ;VVhaka, E and W 25id; Tuapu, H A 22-id, H 24d, A 263 d, B 243 d, € 23 id, bellies 143 d; Saritoft, H A 253 d, H B 23id, A 25id, B 23d, C 22d D 21d, S 20d,, O 18id, bellies 15d;Mokoia, Horn. 253 d, Xbred 233 d, SDH 303 d ; PB Xbred, 26i: WHB, E and W 253 d; AB Xbred 243 d ; RS, H 28d ; LE H 26d, W A 253 d, W B 24*d; Omata', H 193 d, A 23id, B 223 d; CMC, H 25d • TEML, H 223; OTE.AO. H 28d; LE. 24d; FL. H 253 d, Xbred 233 d, C 113*1': Arawa, fi 263 d, W 253 d, E 253 d; Ohorea, H A 253 d, H B 26d; Gahan, E 253 d, H 25d. Lbs. 25d, Pcs. 173 d; PC/H, 26d; Kis. Pcs, 153 d; T McM, Xbred, 243 d; GB/Tekorita, H A A 273 d, H A 243 d, A 253 d; B 233 d; OP./H, Romnev 24d; Wg/Pakira, H A A 263 d, H A 24id, H B 233 d. A A 243 d, A 243 d, B 23jd, C 213 d, C O 21id, D 213, Pcsi A 173 d; various ctgs. 123 d, XB 243 d, 23d and 20d; Otoia. HA, 263, H B 253 d, A C 25d, B 233 d, C 233 d, L 21d, Bis., Pcs. 18d: Tututawa, Xbred 23d: Binned wools: HA A, 28d, H A 25id, H B 233 d, D H A 213 d. H D B, 20d, A A 26id, A 2o|d, B 25id, C 223 d, L 2ld, M A 19d: Wyna, H A 25*d, A 251,d, B.'23fd, Pcs. 18i-d, Ctgs. 113 d/ ‘ LONDON WOOL SALES. : The Bank of New Zealand, produce , department, has received the following advice from its London office, under date 25th November:— / The sales have opened with ; strong competition and large attendance of buyers. Compared with the close of t last series merinos are higher lid to 2d | per lb., greasy medium and coarse ! crossbreds are higher by about 4d per \ lb.; there are no fine crossbreds offering at the moment. LONDON WOOL SALES. The New Zealand Loan and Mercantile Agency Co., Ltd., have received the following cable from their London house under date 25th inst.:— “Wool Sales.—There was a full attendance at the opening of the sales today, competition by Home and Conti- • nental buyers being spirited, and prices, as compared with the close o.f preceding series ruled about 5 per cent, higher for merino, about 10 per cent, for crossbred slipe and about- 15 per cent". . to 20 per cent, higher for medium coarse greasy crossbred. Small quan--1 fcity of greasy crossbred catalogued. America is operating. The opening catalogues were fairly representative.” Messrs Murray, Roberts and Co., Ltd., have received the following wooi market cablegram from their London agents, dated 25th inst; .-—“Sales have opened strong; atendance of buyers large ; competition brisk. Greasy merino advanced 5 per cent; crossbred greasv tine advanced 10 per cent., medium 15 to 20 per cent, coarse 15 to 20 percent, and slipe 73 t'o 10 per cent.”