WANGANUI WOOL SALE

Hawera Star, Volume LI, 20 February 1932, Page 8

WANGANUI WOOL SALE

DEMAND OF BOYERS STYLISH SORTS ONLY INFERIOR LINE'S NEGLECTED. (By Telegraph —Press Association). WANGANUI, Feb. 19. The bulk of the offering at to-night’s wool sale at Wanganui, the second of the season in this centre, comprised wools of low quality of 44/4(> counts. A full bench of buyers operated, but stylish first-grade wools, which were anything but prominent in the catalogue, were the only sorts firm on late sales. Inferior classes were neglected. There was a great deal of seedy and inferior wool offered. This showed a drop of a half-penny on prices at the previous Wanganui sale. Low crossbred was down |d to Id and any low wools touched with seed were neglected at prices ranging from 3d to 3ld. Good crossbred wool brought from 4d to 4-Id. 'Crutchings found a poor sale. Bellies and pieces were on a par to down 'compared with the January market here. There was a fair demand for lambs’ wool; good staple, but dingy, lots were 4d lower.

A review" of the sale generally discloses that the quality of the wool was not of a standard to command respect under present conditions. [Buyers, particularly Bradford, operated on limits and filled this requirements from clips which showed quality. The Continent took the major share of the wools sold, Bradford—in the earlier part of the sale at least —showing more hesitation than usual. Japan was in the market to some extent and pro'ba'bly gave a fillip to competition for some of the coarser clips and crutchings. The sale commenced at 7 o’clock and it was intended to finish it to-night. The range of prices will not be availaide until to-morrow.

FARMERS’ CO-OP. REPORT

rite Farmers’ Co-operative Organisa-

tion Society of New Zealand, Ltd., reports: The second sale of the 1931-32 season was held in Wanganui yesterday be To re a full representative bench of buyers. The" total catalogue comprised approximately 20,900 bales-, although a fair portion of this was withdrawn before the auction. Our catalogue comprised 1.608 bales. The competition was very general and for finer quality. The prices were fully up to the January sale. Good quality lamb showed an advance of up to I.]d; per lb., while inferior lamb was on about a par. Houthdown showed a slight decline. Low grade mixed wools were also a shade easier, very seedy lines being neglected. It was noticeable that any fair size clip that had been skirted met with much more attention than the wools that had everything in. In our opinion the time has arrived when it will pay growers to give more attention to the got-un of their wool. We were successful in disposing of the most of our catalogue among the best sales being 4 bales of lambs offered on account of W. Morrison, Maxwell, which made Sd, and 5 bales on account of T. Tarrant, Ararata, at GJd, while in the hogget wools we obtained 8d for a- super line of 4 bales of our 1 binned hogget wool sold under our “Organise” brand. The following are some realisations: Lamb. —4: bales at Bd. 5 bales at 7|d, T.P. 5 bales at GJd, BEST 2 bales at d, M. 0.0. 3 bales at 7d, Various 11 bales at 64 d, 11 bales at sd, ABB -I bales at sd. Hoggets.—ORGANISE 4 bales at Sd. A R ANFT 25 bales at 6d, WO/P G bales at -1 jd. VARIOUS 8 bales at 6d 21 bales at s*d. ORGANISE 5 bales at Aid. IT.AT. 4 hales at- 4-}d. G.S. OEO 26 bales at 4J-d. KAI WHAITL S bales at Jgd. SAY. 4 bales at 4d, S.M.T. 4 bales at 7gd, J.H.8.-KEIY 1.1 bales- at 4d. Average Crossbred. —MIRO 1.5 bales at 4il, FT.SAY. -1 bales at 4d', 3L 14 bales at 4d, HAT. 11 bales at 4d. H.H.A. 8 bales at 4d, O.G. 8 bales at 4j d. KAI WHAITI 6 bales at 51 d, BG 34 bales at 4gd, BW 12 hales at 4d. V.D.H. 13 bales at 4jd. MTROMU 7 bales at -Id, YYY 5 bales at 4ld, AJT I halos at 4r*d, WAVAY 84 bales at 4.Jd. VARIOUS 25 bales at 4d. NEWTON KING, LTD. Newton King, Ltd., reports that the Wanganui wool sale concluded at a 'ate hour. The sale was erratic with competition on coarse and inferior wools very restricted. These can be quoted only at disappointing prices. : Fine arid light-conditioned grades were keenly sought and can be quoted 14d up on January rates. -Seedy lambs and crutchings were hard of sale, and it seems hopeless to look for any rise in these-

Tho top price in Newton King’s catalogue was obtained for a line of hoggets .belonging to (Mr Arkwright, Turutawa, which realised Bd. Much of the offering was seedy and heavy-conditioned, and the accumulation of these wools is becoming a serious matter and is acting as a drag on tho market. Several lots failed to attract a bid, and it seems useless to offer until conditions improve. Following are some of the realisations: ftongomai, 7 bales A-A 7d, 9 bales EA'A 7d,' 10 bales EIA 5Jd, 5 bales Eli 4}d; A A—Aria, 9 bales "E 3 id; HC, 4 bait's E 4d; 'WL/T, 0 bales E. 4d; FW/T, r, bales E 3-Id; It and N/4, 12 bales E 44d; OflP/A, 10 bales E 4'Jd; Oh lira. 11 bales E Old; A and A/Tututawa, 0 bales HA A Sd, 4 bales HA sj|d, 4 bales HA 4;}d, 5 bales lIA old, 5 bales lambs 6.}d; AM, 8 bales E 34; KX/ITuia, 24 bales E 34d; EAS, 5 bales E 4d; 'R, 4 bales H 'sd, 8 finales E 4d; JXiB/A, 8 bales E 4J(1; P 101 20 bales 11 5Jd, 44 bales E 4d; AW<T, 4 bales 11 .lid; IbllM, 8 bales E' 4 ; }d; Colmworth, 7 bales E. 4*d; TWM, 0 bales E 4 id; FMCG, 1 bales E 4Jd; XXXX, 7 bales E 4d; E'C/T, 0 bales E 41 d; Mara, 4 bales E 4}d; Ngaumu, 5 bales E 4d; OTIC, 10 bales E 4d; Eve, o bales II 4d : Jluia/O. 11 bales E 44d; C.M/W, 0 bales E 4d; Tolme/Aria, 12 bales E 4d; Waipapa, 7 bales II 4d; Waipawa, 7 bales E 3:}d; OW/P, 4 bales E 4d; Gf'/Oeo, 32 bales E 4d; ILLY, 16 bales E and 11 44; Whitecliffs, 18 bales E 44d; ZX, 9 bales E 4d; Trata, 4 bales 11 41 d, 5 bales E 4|il; BS/T, 11 bales E oil; HEB. 6 bales E 4d; grouped lots, 46 bales IT nd, .18 bales E 44d, 15 halos H 4d, 20 bales lambs 5Jd, 12 hales In mbs O^il.

TARANAKI STOCK SALES

REVIEWS OF TILE WEEK. FARMERS' CO-OP. REPORT. In presenting the weekly review of the Taranaki stock markets the Farmers’ Co-op. Organisation Society reports little difference. The good news regarding butter and cheese is encouraging, and it seems as if the general life in these prices may stabilise. Store sheep occupy the main attention at all sales and large entries continue to draw big attendances. Total clearances are usual, with the market showing little fluctuation. The best 4-veur ewes continue to make about

10s. with really good 5-year ewes commanding 8s to 9s 6d. Good useful o and 6-year ewes with mouths only fair are readily sold at from 6s to 7s 6d. There is still a fair inquiry for lambs, with the market more or less on a par with prices ruling throughout the season —best wether lambs 6s 6d to 7s, good medium 5s 6d to 6s, medium mixed sex lambs 4s 6d to 6s. There is an inquiry for wethers of all classes, and it will probably be difficult to obtain 2-tooth wethers in big lines at money that will prove - attractive to prospective purchasers. There is a hardening in fat ewes; supplies _of good quality sheep are not so plentiful and sales have been made to 8s for i good ewes. Wethers for butchers’ requirements are being sold from 12s to 13s. There is little inquiry in the cattle market, and it- is difficult to foresee a rise in -store cattle in this province ,as the continued dry weather is causing anxiety in all districts, and although stock are looking well farmers are drawing on their reserves of winter feed to keep their herds in milk, the position throughout the province being serious. Considerable business has been transacted in the weaner heifer section, good selected weaners making 35s to 455, more ordinary and lower quality sorts 25s to 30s. At Waverley sheep fair there was a large attendance of the public. A full yarding of sheep came forward and a total clearance ws effected. Following are some of the realisations: Twotootli s on account Johnston Bros.. Waverley. 288 at 14s 6d: on account F. Birch. Maxwell. 267 at 14s Sd; on account George Hiihfns; 140 at 13s 7d : on account Davidson Bros.. 141 at 10s 4d. Five-year ewes: On account Elmslie Bros., 439 at 9s 3d; on account A. Hayes, 79 at Bs. Wether lambs 6s 6d. There was also the usual yarding of pigs, store cattle and such, winch were disposed of at late market values. The Aaron sale on Monday was an unusually good sale, the yards being taxed, to the fullest extent. There was a total clearance. Lambs on account- of Jack Campbell made 4s 2d and 7s 3d. on account Dave Edwards 6s 3d; fat cows up to -64. hulls from 80s up and works cattle schedule prices.

At the Kaponga sale there was a, good yarding of all classes of stock. Good lambs sold very cheaply on runouts of 30 and 40; 55 on account L. Goodger sold in lots at ss, 103 on account- of same vendor in lots at- 6s. 55 on account- D. Edwards 7s Id fin run-outs). Cattle and hulls sold at late rates.

The Tnglewood sheep fair on Wednesday had a heavy yarding of 3000 sheen, including some good lines from the back country. Bidding was good throughout, ably helped bv the presence of outside buyers. The sale was the best held in Tnglewood this year. Prices were: Ewe lambs 6s lid, wether lambs 6s 7d, fat lambs 11s. m.s. lambs 6s to Bs. h-.f. lambs Bs. woolly Gs 9d to Bs, p.b. ewes 255. 2-tooth ewes 10s 7d to 12s 9d. 2-tooth wethers 10s. on account Mr E. Fougere (Tangarakau) 350 :s.m. owes 9s and 136 at 8s 3d. Weaner heifers were sold at- 61 to 61 10s 6d, with others 15s to 20s, rams sold from UJ-gns to 2-Jgns.

NEWTON KING LTD. REPORT. The report of Newton King, Ltd., on the Taranaki stock market stated: Although no shortage of feed is noticeable in North Taranaki most fields show signs of the city and extremely hot weather experienced during the past fortnight. The season to date, however, has been all that could !,e desired, and only a short period of rain is required to freshen the pastures.

A pleasing feature of reports concerning the British markets is the steady acceleration in the price of butter, latest quotations showing an advance of from 8s ot 10s on those ruling at the conclusion of last week. Butter is quoted at from UOs to Ills and cheese (white) 63s to 64s and eoioured 645. Prior to this rise, unsteadiness, with a recession m prices, was the order, and now only the optimistic express confidence in the present rise and the future of the market. Stability at the prices quoted will assist the stock market, especially holders of in-calf heifers, as prices during the coming season will be governed by the British markets. Until a steady market is the order it is difficult to estimate at wliat figure prospective buyers will be prepared to operate.

The pressure of business in the store sheep section has been fully maintained and prices at the concluding Central Taranaki fairs were on a par with the standard set at the opening sales. Numerically the yardill gs _ have surpassed last season’s offerings, which can be attributed to the fact that little forward delivery business was conducted, while the quality of the entries has been fully maintained. Most buyers of lines of any consequence have fulfilled their requirements. The smaller men are now in the field in good numbers, and where sheep are offered in lots to sail their requirements spirited competition is the order, a noticeable feature of the past week's operation's being the ready market that awaits genuine 4 and 5year ewes. Lambs have met with keen competition, and values 'for the small entries of wethers have often exceeded expectations.

Tho Tokirima sheep' fair on Saturday drew an entry of 5000 sheep, which was offered to a large attendance of buyers. representing the Waikato. King Country and Taranaki (listriots. The quality of the yarding was excellent and bidding from the commencement was keen, a total clearance being effected under the hammer at the following prices: Five-year ewes offered on behalf of Mr. (1. H. Gower 8s -Id, 4 and 5-year ewes 7s. 6s Id. 0s Ad-mixed-age ewes 8s Id. sound-mouth ewes 5s Gd, 2-tooth wethers in forward condition 10s Id. stores 0s to 0s 6(1. best lambs 7s Id. small lambs 3s to 4s.

At the Douglas fair on Monday a full yarding of all classes came forward and there was a large attendance from all parts of the district. Bidding was keen and remained steady throughout, and a practically total clearance, under the hammer was effected. ririees being: Two-totth owes 12s Gd to 13s Id. small ditto Lis, good 4 and 5-year owes 0s lid. others 7s, mixed-age' ewes 9s, sound-mouth

ewes os lid to 6s 9d, 2 irad 4-tooth wethers 9s s<l to 10s &d 3 small 8s 11 cl, mixed-sex lambs in good condition / s lid, smaller sorts 5s Bd. good-eondi-tioned wether lambs < s lid, small os 2d, culls 4s 3d to 4s 9d. A small line of well-bred Romney ewe lambs in good conditions made 10i*. The series concluded with the \\ liangamomona fair on Wednesday, when 31)00 sheep of all classes were yarded. The quality of the entry was high and buyers showed their appreciation by bidding freely. A total clearance was effected. Mr. E. G. Callaghan’s 4 and 5-year-old ewes realised 9s lOd, not 8s 10d as previously stated. Other details have been published. In the beef section good young cows and heifers continue to meet most favour and values are on a par with late rates, best sorts being worth £5 and lighter £4 os. Crossbred cattle at auction sell at from £2 15s to £3 10s. Except for a tslight advance in the price offering for seconds in the lamb class, freezing rates throughout the mutton section remain unchanged and buyers are operating freely on all classes. Wethers arc worth to 12s Od, ewes from Os Od to 7s Od and lambs from 11k Od to 13s. Entries at fortnightly sales in the store cattle section continue to consist largely of cull cpws supplemented by moderate entries of weaner .Jersey heifers. Competition for works cows is dull and operations are confined strictly to schedule, realisations ranging from 12s 6d to 20s. As yet the entries of weaner heifers have been ol little account, medium and inferiorbred sorts constituting the entries. Values range from 15s to 30s. Private business is practically nil. and until i the supplementary sheep fairs are j concluded little business is anticipated. | The New Plymouth haymarket sale | yesterday drew n full yarding of pigs. | The supply seemed to exceed the dei maud, and realisations receded a little I from last week’s prices. A practically j total clearance was effected under the j hammer at the following prices : Large j stores 15s, good slips 12s 6d, others | 10s to JOs (id. choice weaners 9s Od to 10s fid. medium 7s to Bs, small 5s j to fis. j LOAN AND MERCANTILE. The New Zealand Loan and Mercantile Agency. Ltd.. Hawera, reports: Business lately has been confined largely to sheep transactions. As the sheep fairs are being held, buying is j chiefly restricted to the fairs, and not j a great deal of private selling is ; taking place. Prior to the fairs padI dock buyers were active and a large i number of all varieties of sheep j changed hands at what must be coni side red satisfactory prices. Recent I paddock sales included a line of 2000 very choice breeding ewes on behalf of Mr L. R. Hamilton, Manutahi, sold jto a local buyer, while numbers of | smaller lines were disposed of. At the j Loan and Mercantile fairs, entries, ] have been satisfactory, and in nearly j ; every case total clearances have been made. Good sound-mouthed breeding! I ewes have been selling at from 7s fid | to 10s fid, 4 and 6-tooth ewes to 12s fid and 2-tooth ewer to 14s fid. The market for store lambs is not yet exhausted, and large numbers are I still being bought by dairy farmers j and graziers. Probably more lambs have been sold this season to dairy farmers than ewer before and still numbers of dairymen have not filled their requirements. In the Loan and Mroantile’s opinion the tendency is for) store lambs, to harden owing to a reported forthcoming advance in fat lamb prices. Extra good b.f. lambs have been selling at from 7s fid to 9s. medium sorts from os to fis fid. "White face wether lambs of good quality have realised *from fis fid to 7s fid and med- 1 lum from 4s fid to fis. There is not yet much activity in the dairy heifer market, due principally to the facts that most outside districts are badly affected by drought conditions and that it is rather early for buyers to operate. The agency reports one sale of a line of 201) on account of Mr. R. B. Douglas to a Waikato buyer for early delivery. There have been sales of a few small lines at prices generally lower than in last yea r. The position of the cull cow market is very precarious, and prices are only nominal. Fair numbers of cull cows are coining forward to the sales, but prices are not encouraging. Pigs at recent sales have advanced slightly m price. What is needed is a good steady soaking rain, followed by warm weather, and if tins comes about it will save South Taranaki many thousands of pounds. From latest advices received butter and cheese are steadily advancing, a fact that must give farmers renewed confidence. The Loan and Mercantile confidently expects this improvement to maintain and prices even to increase. '