WANGANUI WOOL SALE

Hawera Star, Volume LIV, 22 February 1935, Page 5

WANGANUI WOOL SALE

RULING PRICES MAINTAINED CONTINENT BIDS STRONGLY COARSE WOOLS IMPROVE. ■ A catalogue of 15,242 hales was offered to a full bench of buyers at the second AVanganui wool sale of the curl rent season which commenced last night. AYith the exception of iambs’ wool, which was decidedly easier, jirices were firm on ruling market values. Early brokers’ reports indicated that in some instances, medium and coarse wools showed a slight; improvement on the last sale. Continental bidding was more noticeable than usual, and Bradford was in the market for its quota of wools suited to the British trade. The bulk of the good to medium crossbred wool went to that quarter, and the slight filip in Continental bidding resulted in bush wools showing prices fully firm and, m some cases, better than were anticipated. The sale was assisted by fairly strong competition from local mills and scourers, who were in the iharkct for types suitable to their requirements. There was a very limited demand for lambs wool, however, and the bulk of that offering was neglected. Germany was in the market to a more pronounced extent than has been usual in the recent round of sales, and competition from that quarter was distinctly pleasing. Canada and Japan bought freely and France’s influence on the trend of prices for the better sorts of hollies and pieces was very noticeable. Belgium and Italy were in the market to some extent.

All sections of the trade were governed by fairly rigid limits, however, and it was the general opinion of those closely in touch with values, that there would bn little change in prices between now and the end of the season.

REPORTS OF BROKERS. Reports have been submitted by brokers as follow : FARMERS’ CO-OP. SOCIETY The Farmers* Co-operative Organisation Society of New Zealand, Ltd., report that bidding was fairly brisk and animated from all sections of the benches. As compared with our last sale in January, prices were on a par for fine and medium wools, coarser sorts showing an appreciation of a farthing to a, halfpenny per lb. Lambs’ wool was irregular. Our catalogue comprised 1400 bales, 90 per cent, of which was sold.

The following are some of our realisations:—JH (conjoined): AA 7 51 d; E 43d. KJ/M: Med. crossbred, sd; crossbred A 5Jd. Bar over IA r A: Crossbred sd. GFR: Fine crossbred 63d; med. crossbred od; coarse crossbred sid. HM : Medium crossbred 5Jd ; coarse crossbred sd. Paranui/AVB: Medium crossbred old; coarse crossbred od; S.D. cross iambs 91d. CD: EA sd'; E od. PH: EA 51 d; E 4 id. OIKA: Romney E old. SCAV: Fine crossbred 7d; medium crossbred 53d; coarse crossbred s|d. 88/AV: E 5-id. AA'GIT : E old. STS : H7* cl; AV s*d ; E. od. Matuku : Fine crossbred, 6Jd ; medium crossbred old; coarse crossbred od. Pukoro: Alodium crossbred 53d; coarse crossbred od. —ll/SUN: E 43d. Braeburn : H 6Jd; fine crossbred 61d; medium crossbred s£d; coarse crossbred od. .JHR/Koy: H od. P E/AA’: old; fine crossbred 63d; coarse crossbred od. MLN: Fine II 73d; medium H 6Jd; fine, crossbred Cd; coarse crossbred sd; crossbred 4 id. AA./AV: Med. H5Jd; fine crossbred 7jcl; medium crossbred old; coarse crossbred od; lambs 5Jd: lambs 4d. PITO : E 53d; lambs 53d. DAY/AA 7 Medium crossbred 43d; coarse crossbred 43d; Southdown cross lambs 7i<l. GFB: Southdown cross lambs 71d.

LOAN AND MERCANTILE New Zealand Loan and Mercantile Agency Company, Limited, reported that their quota was 2802 bales. Lambs wool, of which there was a fair entry, sold at late rates for the better lots, but for anything off colour, shabby and seedy, prices were inclined to bo erratic. Our best price was secured for five bales Corriedale, branded ST. ANDREWS, which realised 11-Jd and was secured by the Wanganui Woollen Mills, and four bales Corriedale lambs of the same brand making lOd were secured also by the Wanganui Woollen Mills. For a nice line of four bales of crossbred hoggets, branded JM / ARARAT A on account of Mr J. Mathis, we realised Bd.

LEVIN AND COMPANY

The wool generally was not bright and lacked fullness of stajpjci and healthy lustre, states Messrs Levin and Co. Earthiness was much in evidence and would be accounted for by the exceptionally dry weather immediately prior to shearing. We had a very good clearance, passing in only 374 bales, which included two large clips with fairly high reserves. As compared with the January sale there are the following changes to record :

46/48’s, average, Jd to Jd advance. 44/46’s, average, id to id advance. 40/44’s, average, id advance. Lambs’ wool, par to Id decline. Seedy wools were hard to quit. Southdown, par to id advance. Bellies and pieces, par to id advance. Crutchings, id to .Ul advance. , DALGETTY AND COMPANY Messrs Dalgety and Company reported that their catalogue was a small one, hut in it were included som° really good style crossbreds, an outstanding clip being the well-known “Heart” brand offered on account of IMr L. TL Hamilton, of Manutahi. Very keen competition took place for every lot, the AA ewes making BJd, the B ewes Bd. A specialty line of coarse crossbred made 7£d, with a seven-bale line of good length Lincoln bringing GJd. Lambs’ wool was erratic. Parcels containing seed were neglected, prices for these being lower than last sale. For the P and L brand we made Odd for four bales strong half-bred and 7id for four bales Romney hoggets. Our disposal at

auction was Of) per cent. We did not bring forward any binned wools this sale, hut clips classed in our store were eagerly competed for. Following are some of our principal realisations,—PL and Co.: Halfbred A 9*d, HA 63d, HB 5Jd. WS-K: HA GVd, HB odd, EA 5 .Ul. AD: EXB Gd, MXB 53d, CXR odd. CGF: H Grid, W SicL UD-lt: E SJ. PP-O: HA 7Jd, HB 53d, EA 6d. Arawa: H 6dd, pieces 43d. W in Circle :-HE!F HA 7J, BA Gel,. JML conj. in Diamond: EA 53d, Eiß sd. OP-H: EA Gd. OR-O. FXB Gd, MXB sd. Rata-nui-T. H Gd, FXB 53d. Hear under Eyebrow. EA Bdd, HB Sd, EC 7dd, Lincoln Gdd, SD 9cl, necks Gdd. PL and Co.: FXB Gd, MXB s>d. WRIGjHT STEPHENSON AND NEWTON KING { Messrs Wright, Stephenson and Co., Ltd., in conjunction with Newton King Ltd., report as follows:—We offered 3554 bales and sold at auction 85 per cent. In comparison with the Napier sale the market showed little change, but was, if anything, slightlv firmer, especially (for coarse wools, than the last local sale. Lambs were very erratic and except for the best sorts were easier. Continental competition was more marked than at the previous sale. The following are some of 'ur i<alisations :—C-KV: Super-fine XB ou. Merchiston: Hoggets 73d, GJd. Okirae: Southdown Odd, hoggets Bd, Gdd, fine XB Sid, AA ewes 63d, A ewes 53d, necks Gdd, bellies 4d, lambs Bdd. Pioi: Hoggets 7dd, W 6d, ewes s|d. Roto; Necks and pieces Gdd. Paetawa: Hoggets Bdd. Kahura: Hoggets Bdd, 6dd, AA XB 6Jd, A XB 5Jd. Auta: AA XB Gd, A XB 5Jd. Shamrock : XB B sdd. Rotoiti: Hoggets, Bdd, 6dd, A A XB 7d. Ever: A A XB 53d. UX-Huia : Hoggets Bdd. JP-M : XB B 53d, necks G.Jd, lambs BJd. KS in a Circle: Southdown 9’d, XB ewes 5Jd. Toa. Toa: Hoggets Bdd, G»d, AA XB 63d, XB 53d. Momina : Hoggets 7d, A XB GJd, B XB 63d. Glen: Hoggets 7dd. Fern: Hoggets 7.Jd. Merchison: Southdown 03d. EJH: Hoggets BJ-d. Heao: Hoggets Bdd. EVER: Hoggets Bdd. NE-Ra-panui: Hoggets Bd. HG-Eernielee: A A ewes Gdd, A owes 53 d. B7B: Hoggets 6icl j ewes ojd.