Expectations Exceeded

Hawke's Bay Tribune, Volume XVIII, Issue 288, 21 November 1928, Page 3

Expectations Exceeded

First Napier Wool Sale

Attractive Clip Excites Keen Competition

Vendors Very Satisfied

Vendors at the opening sale of the 1928-29 wool season in Napier yesterday were quite satisfied with the prices obtained for their wool. When one farmer was asked how he fared, his reply was: “Great, old man, I got 2o|d.” This was indicative of the feeling of practically all the vendors. Perhaps the best view was that expressed by one of the buyers: “Great prices, aren’t they? I don’t think anyone is more surprised than some of the buyers'themselves.” Experts thought before the sale that fair prices would be realised, but few indeed anticipated that they would get as high as they did. The majority thought that if the recent Wellington prices could be attained then all would be well. However, Napier went one better and the farmers received anything up to a penny more than they did for the opening sale of last season. One firm issues a warning, however, that “the prices yesterday were so good, in fact almost too good to be true, that we ask ourselves: can it last? Let us hope the present level will be maintained.

Quality, not quantity, describes the class of weol offered. The total offerings fell several thousand bales short of last November. On the other hand, the wool, particularly hogget, was very good and sound. “1 haven't seen such a good clip for years,” commented one buyer, who could be seen bidding strongly throughout the sale. Other experts also were loud in their praise of the wool offered. This probably accounted for the prices running so high. Though there was a full bench of nearly. 80 buyers, representing Bradford, America, Canada, the Continent, France. Germany and Australian and New Zealand mills, less than half were content to silently watch the proceedings. Some, perhaps, were waiting the results of the London sale also held yesterday. Others, no doubt, were “scared off” the market by the high limit of some of the other buyers. It was clear that several of the overseas representatives were given a very free band, for many of their prices were higher than they had anticipated. From the first lot to the last, the bidding was keen. Very few lots were passed. Until the shipping instructions come to hand it is difficult io say where the wool is going, ft is clear, however, that Canada and U.S.A, will see a fair percentage of the super wool. Though many of the Bradford buyers were silent a large quantity of the average wool will find its way to the Home Country. Pieces and necks were strongly sought after by the Australian and New Zealand mills, France and America. The Continent and France buyers were also for carding wools. Commenting gerfbrally on the sale, one expert said: “Several new cars will be bought, while many wives "ill get that gorgeous coat now. If the prices are the same for the next few sales then Hawke’s Bay will be a prosperous place to live in. Personally, 1 think the prices to-day are too good to last. Um a bit of a pessimist, 1 know, but I hope I am wrong. Money hasn't been too free, though we certainly are in a better position than two years ago.”

N.Z. LOAN AND MERCANTILE.

The various brokers report as under:—

DE PELICHET, McLEOD & CO ITD.

Messrs do Pelichet. McLeod and C ■., Ltd., report having submitted catalogue of 2363 bales, to a particularly strong bench of buyers, repre tentative of the wool manufacturing centres of the world. Competition was animated from start to finish of the sale. Prices realised show an al'l round advance upon the Wellington values, particularly in the superior crossbred wook suitable for America, and also for pieces and necks. It is seldom such exceptionally good wools have been offered in soundness of growth and lightness in condition Our ton prices were 223 d for Poukawa halfbred, 20fd for Pourere Romney cross fleece. CP conj., necks, 6 bales made 19Jd and pieces 153 d. Other brands realised as follows :—Poukawa over C. 12 bales halfbred 223 d, 5 at 21fd, 5 at 20d, 3 at 19Jd, 13 cross bred 173 d, 8 at 163 d, 5 Lincoln lojd, Pourere. 6 Romney hoggets 203 d, 11 hoggets B 193 d, 4 hgt C 18jd, HH over Paeroa, 4 AA 203 d 10 at 18jd 12 at 18Jd, 19 A 18jd. 5 A 18d: CP conjoined, llhgt A 20ld, 10 B 18.',d. b fleece 19jd, 19 B 18Jd, necks, 6 bales 19Jd, 7 Ist pieces lljd, 6 bellies ]3Jd, S.J over L in diamond, 6 fleece 20Jd, 21 at 183 d, 15' fleceo 163 d, 7 nieces 15Jd, 5 bellies at 13d: Z through Z 16hgt A 203d,21 hgt B 18jd: Glenaray, 3 hgt AA at 20d, 4 fleece 201 d. 9 at 17|d, 15 at 17jd; Oueroa, 9 hgt 20|d, 17 hgt 19d, 7 fleece 17d, 6 pieces 153 d, 4 bellies 13|d: G and R over Kahn, 8 hgt 183 d, 5 hgt 17Jd, f 3 fleece 19]d, 9 fleece 18(1. 4 necks 173 d, 8 pieces 15|d; Rawhiti, 5 fleece 19Jd 13 fleece 18d; FJB, 4 hgt A 191 d, WAC 4 flecco 19fd, 12 fleece 163 d, The Brow, 7 hgt 18Jd, 5 at 18(1. 16 fleece 19d, 10 at 173 d 5 pieces lod, J bellies 1.33 d; Kapjti, 7 hgt A 19d. 8 hgt B 18d. 4 fleece 183 d, 10 at 17},d 4 pieces 15fd. 4 bellies 13Jd; N under gable, 6 hgt 183 d, 12 hgt 17Jd : R and J. 7 hgt 18Jd, 25 fleece I7d ; Orapa, G hgt 18Jd, 6 fleece 18}d, 6 nieces laid; Cheviot, 7 fleece 18|d, 6 fleece 17-Rl; JG and Son over W. 7 fleece Iffd; EJW. 7 hgt 18d, 14 fleeee 17-;<i, 7 necks 17d. 9 pieces 14|d; ASW, 5 hgt 18d. 6 fleece 17J, 5 pieces 15Jd RPW, 6 hgt 18d, 9 h'gt 17d ; C in dia mond, 16 hgt 18d: DL, 9 fleece IBd. Window Brand, 8 hgt ]Bd. 7 hgt 17d 16 fleece 17.’,d, 8 pieces 14}d : .IS. 6 hgt 18d. 8 hgt 17d, 4 pieces 15d : O over X DMG. 3 hgt 18d 18 hgt ]7’d, TB over liar, 6 at 17:fd: Wl), 6 hgt A 17Jd, Pi hgt B 17’d, 6 hgt C 161 d 10 fleece ; 7Jd. 11 hgt B 17-Jd, 6 hgt C 16}d, 10 leece 17Jd, 3 at 163 d, 5 al lofd. 6 Vt pieces 14Jd : Rimunui. 22 hgt 17Jd : IV over Ponuj. 4 hgt 17Jd. WPT 4 hgt 17d. 5 at 17K1, Royshill 6 fleece 17|d ■ Ohiti. 10 hgt 17}d, r hgt 17d; EJH, 6 fleece 17’d; CR con joined ozer 11. 6 hgt 17’d. 6 fleece 17',d: Tarran, 3 hgt A A 18},.1. (ihgt A Ui’d, 12 fleece 17Jd, 14 at Js’d, 10 Ist pieces; 13Jd; Tatara, 4 hgt 19d

Ponga, 3 Southdown 213 d; HIT con joined, 6 fleece 16fd. 10 at 15|d, Crail. 7 fleece 16’d ; Wainui over SRC in heart, 14 fleece 16Jd, 4 at 14fd, Awa. 7 hgt A 17d. 4 hgt Bl6|d; Ry land. 9 hgt 163 d; Tau, 7 hgt A 163 d, 7 hgt B 15'd, 7 fleece 14Jd, 4 at 14fd . Silrstream, 4 hgt A 18Jd, 6 hgt B 173 d, ohgt D 16d. 4 pieces lOd; Anga, 9 fleece 17}d; Peka Peka over C. 8 fleece 17Id. 6 at 16d; Piro Piro ovei C, 8 fleece 16Jd, 5 at lod; Goldcreek, 4 hgt A 17d. 5 hgt B 16fd, 5 flees IGJd, 4 fit lojd; Kja Ora, 4 fleece 16Jd. Various lines of interlotted wools: Southdown 21d, fleece from 15? d to 193 d. nA's 18d to 18ld, first pieces Itld to lGd, bellies 121 d to 13Jd, locks 9Jd.

The New Zealand Loan and Mercantile Agency Company, Ltd., report: After the Wellington sale last Friday it was anticipated that the first sale of the season in Napier would be good, but we arc pleased to report that the prices realised were better thau our most sanguine expectations As is usual at the first sale a large percentage of the offering is composed of hoggets wool and this year’s cfip opened up in oxcellcut condition, in fact it is quite a number of years since the clip was so attractive, it being light in condition, sound and well grown. There was a very full bench of buyers representing Bradford, America and the Continent as well as locat and Dominion mills, fellmongcrs and scourers, who all competed keenly for the various lots as they were submitted. Owing to the wet and broken season shearing has been very much retarded with the result that the offering to-day was a very small one, which may have helped to give the market so buoyant a tone amjx we feel certain clients must be highly satisfied with the prices realised. It is difficult to compare the prices realised today with those obtained in Wellington last, Friday as the character of the wool in Napier is on the whole much finer in quality, but there is no doubt that the prices were slightly dearer.

The following are some of the sales made:—

Hawke's Bav. —Kawera: A 173 d B 164. C 15}d. Waipukr,: AH 20id AW 18}d B 163 d, pcs. 153 d. EMW: E 17Jd. JB 17id. B 153 d, C 153 d pcs. 14d. RJB: AAV 173 d. A 17R1, B 16J, C 153 d, pcs. 134 d. Hakowhai: A 17L1. 811 16Jd, B 7 Kid. bls. lljd. KH over Kohai: A 18d, B 16d, C 15J<1. WW: H 17d, AW 17-Jd BH 14M BW 143 d. Sampford: AH 18Jd, AE 17id. BH 153 d, BE 163 d, CH Hid, nks and prs 16.|d. bls amt pcs 13Jd, MB over W: AH 18d, AE 17Jd. B Hid. EX: A 16id, C 141 d. D 14Jd. FF: AAA 18d. D over Hillcrest: B 16jd. K 4 over Teurunga: A 174 d, B 16Jd. C 143. Glentui: AH 16d, BH 15d, erts. 12}d. Rockwood: AH ISJd, WL over Clive: A 16|d, B 153 d. ASC: AAE 19}d. AAH 20d, AH 17}d, AE 164 d, pcs 15d. Gisborne—Ruanui: A 16? d B 15 d, RCF over M: AH 18d AW - 174d. Ah 163 d, BH 17fl, BW l5Jd, CH 14d. pcs. 133 d, bls. liltL MMD: A 173 d. B 16Jd. pcs. 14Id. The Laurels: BH 173<1, B 15}d. £: AAH 193 d. A 173 d. Marunga: AH SOJd, A 173 d, BH 171 fl B IGJd, C 15id, pcs. 133 d, bls 12’d.'

DALGETY * CO., LTD. Dalgety and Co., Ltd., report:— Owing to the very inclement weather during the past few weeks, the number of bales catalogued showed a mg decrease on previous years, the offering being approximately 11,(XX) oales as against 15,000 usually. The feature of the catalogues was the display of hogget wool, which were exceptionally well grown and very sound. We had many parcels of superfine hoggets, these commanding very keen competition, and also some excellent carding wools which met with very keen competition from France and the Continent. Very few halfbreds wero offering, and it is very difficult to ga) any idea bow this market w:*l go Superfine crossbreds, also crowbrels of strong quality, met with a very keen demand, and compared with the season more than held their own, prices ruling at November sale last being fully above the prices then ruling. The best quality pieces and bellies were very keenly sought .liter by France, German comnetition being not so pronounced. The local mills mid scourers also competed freely for this class of wool, and the prices realised must be considered very satisfactory to the grower. We topped the market with brand Wai Iti from the Wairoa district, the A hoggets fetching from 22d. This was very fine Romney, short in staple

The following are some of the prices we obtained:—

Hoggets.—Wai-iti, 22d : Thistle bar Te Aroha, 29Jd, 19}d: Evelirow bar WM, 18d 17fd: C 7. 17.1 d; (’. 183 d; WS, 17’d. 18d : JHMcN bar Bayview, 17d; P rev. P conj., 193 d; T2, 18itl;

R2 173 d; JJ. 17}d: Kja Ora. 173 d; Rakaiatai bar RH, 18Jd ; Newstead, 18d, 17d; WH, 17d; Powha, 183 d Kiwi, 17Jd; Kupenga, 17|d; Eyebrow bar, 16Jd; JHA, 18}d, 17d; Diamond bar Cross, 18}d. 18d; Puhutu, 183 d; Pakarao, 17Jd, 163 d • Ngawaka, 19fd, 17d; EB bar Whana, 18d; NB bar Whana, 18d ; EB bar Whana and NB bar Whana, 17d; JCM. 183 d; Forestgate bar NZ, 17|d- JRM, bar Kumeti, 17d; J.N.S., 173 d ; PJOK. 15Jd; Pier. 173 d, 153 d; RT, 17Jd; Wairoaiti, 19Jd; Tourere, 17Jd; FJ 18}d; Monapark, lG}d; Mata. 193 d, 173 d; Spur, 173 d; Tikitiki, 18Jd 17d ; GHV, 20J ; Pahj, 16Jd ; Waipatiki, 17|d ; Washpool, 18Id ; HD conj., 17d ; CGA, I8id; C. 173 d. Fine Crossbred. —Eyebrow bar RM, 19d; C 7, 19Jd; JHNMvN bar Bayview, 163 d ; R2. 18fd : Powha, 17d ; Diamond bar Cross, 18}d; Pakarae, 19d; EB bar Whana, 173 d; NB bar Whana. 173 d; JNS.. 17fd; HRC, 173 d; Wairoaiti, 213 d. 17|d ; Tourere, 18d; F.T. 17*d; Hope. 173 d; J McK, 17<1. 16Jd; Mata. 16fd • Bar K Tikiti, 163 d ; Washpool. 18d. 174 d. Medium Crossbred.—Eyebrow bar WM, 17fd; JHMcN bar Bayview, 16Jd ; XL bar, 17d; WR bar Mahora, 16|d; Newstead, 18d, 15Jd: three dots bar AM, 18Jd; Powha, lejd; Diamond bar Cross, 173 d ; EB bar Whana, 17d ; NB bar Whana, 163 d. Crossbred.—Ngawaka, 16Jd ; 'akarae. 18d, 17d; Sherenden. 153 d; WS, 163 d; Opapa, 163 d; Hope, 16d; Beehive, 173 d; HK, 16Jd- Tjnare. 173 d; Waipatiki, 18Jd; Onia, 19d. 133 d. Pieces.—Eyebrow bar WM, laid ; Washpool, lad; C 7. 153 d: W.S.. 123 d; Newstead, 15d; Diamond bar Cross, 133 d; Pakarae, 15d; EB bar Whana and NB bar Whana. 143 d; Bier, lljkl; Mata, 143 d; Tikitiki, 143 d. Crutchings.—B rev. H conj. ’ and B rev. H coni. J. 123 d; Rakaiatai bar HH 14d; Washpool, 13d; Whana, 123 d. Necks.—Ngawaka 16fd ; Washpool 171 d. Bellies. —Newstead 123 d; EB bar Whana and NB bar Whana 133 d. WILLIAMS AND KETTLE, LTD. Williams and Kettle, Ltd., report: Owing to the weather our catalogue was small, our offering being only 2657 bales as against 3563 lor the previous November. The wool, however. was in wonderful condition and splendidly grown, showing how well the sheep had gone through the winter. Hogget wool especially was particularly good, being bright, lustrous, well grown, and very sound. In fact, it was extremely hard to find any fender wool at all. We consider the wool shown so far is equal to any that has been shown in the last 25 years, and we are confident that the offering to follow in the subsequent sales will be equally as good. There was the usual good attendance of buyers, representing all the wool-using countries, and all sections of the trade. Bidding was very animated from the start, with a very keen demand for all grades of hogget wool. Canadian and United States buyers operated more freely than in Wellington and lifted a considerable weight of our super wools. Bradford and the Continent were particularly active for lines suitable for their respective requirements. We consider prices were on the average equal to if not better than they were this time twelve months ago. And here we would like to strike a note of warning. The prices yesterday were so good, in fact almost too good to be true, that we ask ourselves can it last? Let us hope that the present level will be maintained.

The following is a list of our outstanding sales:— Tokomaru: AH 20Jd. BH 19d, AH 191 d, BE 183 d. Ist pcs 15d, Ist H pcs IGjd. bels 143 d. Heart Tokomaru: AH 203 d, AE 19fd. B 17d. Crissoge: 3-bred 193 d, A IG’d. SW: A 203 d, B 183 d. C.E.T. : A 18d, B 17d. II over EM: AH 1 73<1, A 17d. Te Apiti: AH 21d. hog. 19-Jd. BH 20d, B 18fd. Ist pcs 17d bels 143 d. JGG: AH 17fd, BH 16d, A 183 d, B 16d, Ist pcs 143 d. Mangatuna (Gisborne): AH 173 d, A 173 d. Mangatoitoi (Gisborne): BH 183 d. ERG: AH 18d, BH 17d AE 173'1, Ist pcs 14Jd. AP: AH 183 d. Crown: AH 183 d, BH 17’d. Mt. P: AH 18d. AFS: BH 173 d, A offer 183 d. B 173 d. Pukekura: AH 18d. BH 17d. Gwavas: AAW 183 d, AW 173 d. WB (Gisborne): AAH 19|d, AH 18Jd, BH 173 d, AE 19d, BE 18d, AH pcs 153 d, A pcs 153 d. Oto (Gisborne): AAH 20Jd AH 19d, BH IBd, Ist pcs 16Jd, EM:’AH 183 d A 183 d, B 17|d, Ist pcs 15d. Te Kouka: AH 18KI, BH 173 d. Rangitapu: BH 18d, CH 18fd, BE 18|d CE ISd, Ist pcs 153 d. J: Hogts 183 d, ewes 153 d. LCTG tn cross: AH 18d, BH 17d, AE 18d, BE 17d. JNW in diamond AH 19fd AE 183 d, BE 183 d. Greenwood: BH 173 d, A 183 d. T.A.C.: A 183 d. B 183 d. PPP: AW 193 d, BW 183 d, Ist pcs 153 d. lIP in circle: AH offer 18d, BH offer 173 d, AE 183 d, BE 18d, Ist pcs 15Jd. WMS over M: AH 18d, Hauanu: BH 193 d. CH 18id. EH 183 d, B 173 d, Ist pcs 15Jd, bels 13d. AFS: A A 19Jd. Mokonui (Gisborne): AH 183 d. S in circle: AAH 183 d, AAE 173 d, A 17d, 7AP over DH: AE 173 d.

MURRAY, ROBERTS AND CO., LTD, Murray, Roberts and Co., Ltd., report:—Wo submitted a catalogue of 2,175 bales out of an offering of 11.890 bales to a very full bench of buyers, representing all section of the trade. The wool opened up in most attractive style, very light in condition. well grown and sound in staple. Bidding on all lots was exceptionally keen, especially o .good lines of hoggets and crossbreds of 46’s to 50’s dualities Generally speaking the market opened a t a better level than anticipated, which should be very gratifying to growers. Our top price was 22d for a nice line of Motuotaraia Necks, pieces and bellies were in strong demand from the Continental buyers at prices in excess of those ruling at the recent Wellington sale. Bradford and the Continent took the bulk of the offering, whilst the Dominions mills were in evidence in-securing lots suitable for their requirements. We quote some of the sales made in "our catalogue:— Hawke’s Bav wool.—E.R. over Belmont, A,A 18d; 11.G.J hogt 18d ; Waiinoana, hgt 203 d; AE, hogt, 17d; WFW, hogt 173 d; W.JG, Southdown 21d ; \ A Southdown. 21d, hogt 19Jd; Tanga, hogt 18d; EK, conj. x-bred 163 d; OMOA. hogt 17cl; 7 bar G, hogt, 18d: CL, AE 173 d; Dunbar, hogt 173 d. E 173 d, pieces lod; WIB. x-bred 183 d; S over A, AE 17jd; WH bar. hogt 18Jd: LH. A 18d, B 17<l: WRM, hogt 18d, A 17<l; Te Holo, A 17’d; Gphero, hogt Kild pieces 1 lid; Langridgo. hogt 19Jd : WAL in l iii-lc. hogt 173 d. pieces 113 d; WS, hogt.

HOADLEY, SON AND STEWART.

THE LONDON SALES

ADVANCE IN PRICES.

[Australian am) N.Z. Press Aesa.l (Received 21, 10.10 a.m.) London, Nov. 20.

At the wool sales 70(H bales were sold, of which 4050 were Australian and 2482 New Zealand. There was a fair selection of Merinos and slipes, but no greasy crossbreds. There was a crowded attendance from all centres. Spirited competition prevailed, and the catalogues were practically cleared. Shafty combing Merinos and pieces met with strong Continental demand at 5 per cent, above October closing. Fine greasy fleeces and scoureds were at par to 5 per cent. New Zealand slipes met a much stronger market, and were 5 to 10 per cent, in advanre. Three-<iiuirtcr-bred combings showed the greatest appreciation. Lambs’ was in small supply, and generally 5 per cent, in advance.

183 d; pieces 143 d; R.MONT, hogt. 173 d; JHP, A lod; JLR, crutchings 143 d; Motuotaraia, halfbred 22d. hogt 20d, crossbred 203 d; nks 183 d, pieces 15? d, bellies 133 d; BVT, AW 183 d, AE 18d, pcs 153 d, crutchings 153 d; DJB, hogt 163 d; LHC in block, hogt 183 d, pieces 153 d; Patoka, hogt 163 d ; MWB. AE 163 d; Felix, AE 19d, pcs. 16d; CGC, AH 18d, AE 18d, necks 173 d; GMM hogt 173 d: SV, A 173 d; AWB, hogt 183 d; WEW, Southdown 203 d. ’ Gisborne Wools.—Te Koa, hogt 17d; Mokomoko hogt 20d, AW 163 d, pieces 143 d; Rahui, hogt 18d; 1 index, A 163 d; AC, A 163 d; O over ER, hogt 16d: EAB. A 163 d; Diamond brands, hogt 193 d. AAW 183 d, hogt pcs. 153 d. bellies 123 d.

Hoadley, Son and Stewart, Ltd., ceporc: rue ouenng at tills sale was nut as large as usual, uue to tne continuous wet weatner experienced ot late, but what wool uid come torwara opened up in most attractive style on uie snow floor, and was th® subject of mucii comment irym tue visiting buyers, llie wool was well grown ami particularly lignt in condition, winch was no doubt the reason for the satisfactory prices obtained. Bidding came quite ireely rrom all quarters, Bradford and the Continent taking the bulk of the uttering, whilst Dominion mills were much in evidence on lots suiting tneir requirements.

W6 quote prices as under:—EH under bars hogt 183 d and 17|d, B 17d; Ponui, All 173 d, BH 1536, Alt 16d, Ist pcs 143 d; JWB, hgt 183 d, hgt 183 d, B hgt 173 d; GD, A 173 d; Fairfield, AH 173 d, AW 18d, BW 153 d; \vS over EJebrow, hgt 163 d; Mt. Cameron. AH 183 d, AE 183 d, necks 163 d: NJN, B 163 d; FR. hgt 163 d, A 173 d; Epae, All 183 d, A 18jd, BH 173 d, B 17d, Ist pcs 153 d; JO, AH 203 d, BH 183 d, BBH 173 d, A 183 d, B 18d, C 16fd, necks 173 d, Ist pcs lijd. bls 123 d; TW, A hgt 193 d, necks 163 d; AIV, wether 17d, necks 163 d; JUN. B 13d. Southdown: JO 20£d, ROK 203 d, TAG 203 d, NJN 203 d. Crossbred: DD 153 d, GWN under a bar 16|d, J over eyebrow 163 d, GCG 16Jd. JON 163 d. H.B. FARMERS’ CO-OP. 'The H.B. Farmers’ Co-op. Assn., Ltd., report: The opening wool sale of the season in Napier was held yesterday, the total offering consisting of 11,842 bales of which 10,308 bales were Hawke's Bay grown, tho remainder coming from Gisborne. Shearing was held’up owing to tho recent adverse weather, otherwise the offering would have been considerably larger. As was expected tho clip is turning out extremely well, it is exceptionally well grown, is of good length, sound, clean and bright, and mostly in light condition. There is also verv little tender wool showing amongst the hoggets this season. We consider it the best clip we have handled since 1924. Our catalogue totals 2331 bales of Hawke’s Bay wool which includes 243 bales of pooled wools. The buyers’ benches were well occupied by representatives from Yorkshire, America. France, Germanv. Australia ami Japan, as well as the Di-minion mills, and their spirited bidding was sustained throughout the sale. 1 America was prominent with orders for goofl to’super wools showing light condition. Bradford pressed close and lifted also a good percentage of the good to average sorts. The Dominion mills and Fi ance , took full share in the comnetition. the former being very active also in securing their share of fine pieces and necks which especially suited their requirements Thero was only a limited Quantity of Continental types offering and these met with a full competition. Belly pieces were in good demand for Germany. There was a. hardening tendency as compared with AVellington rates of Friday last. Prices sjiowed from Jd to Id advance on our opening rates of last year but it must not be overlooked that this season’s clip is a better one. We have to report a practical clearance of our catalogue and we quote among our leading prices tho following :— Battle Axe (Sir Douglas McLean): 203 d, 203 d. 19jd, 18jd. 183 d, 18d, Three Bars in diamond (Alex Shand) : 18’d. NGAIO (W. Willis): 19d. necks, pcs. bels 15d. GGW ov W (White Est. GHM): 19d. 183 d. 183 d, nes 15d. Cross bar MJ J bar M (Est. M. J. Joblin): 183 d, 18d. 22d. Hedgelev (Fred C. Clark): 183 d, 18d Roydon\H. G. Dalby): 18|d, 18d, necks 18f<l. Eyebrow bar S (S. S. Spence): IB£d. TU conj in block (D. H. Stewart): 203 d, 18’d. nks 191 d, pcs 161 d. FJT bar NZ (D. N. Tiffen): 203 d, 183 d, 183 d. TH (T. Heenev): 21jd, 19d. OC bar ANAROA fOolaf Carlson) : 183 d. AVHR bar W (W. H. Rendle): 183 d, 18d. Gable bar L (Wm. Lockie): 19d, 19d, nks 17d. CL and Co. (Mrs C. Logan and Co.); 193 d Logan 183 d, 183 d. AVaiatai (Fred Steed): IM, 183 d, pcs 153 d. Manuka bar AW (W, Vella): 193 d. CRZ (G. D. Tod): 193 d. SIM (J. A. Sim) : 183 d. RY (F J. Ryder): 203 d, 183 d. BK bar HBF (B. N. Kelly): 18d. JYC (J. Y. Crawford): 183 d. Mahoe (G. Y. Lethbridge): 20’d, 19jd. reeks 18fd, Greenhill (Arch. McLean): 18d. BHN (B. 11. Norman): 20Jd. Tekuha (Stephen Menzies): 18d. AVaitomo (Hy. Hobson): 193 d, 18d. TS (T. Saunders): 19jd, ISJd. Moumoukai (M. R. Shaw): 183 d. LWB bar Hatuma (L. AV. Bishop): 183 d, 18d, 22d. CNT (C. N. Turner): 203 d. Mangaruhe (Sam Twigg) : 18Jd. Temaire (Est. Murd Mackay): 18Jd. Bar HS (Hy. Stephenson): AIIR bar Tunanui (Sir A. H. Russell): 20d. 193 d, 19d. pcs ]sld. MF bar Manga (Est. Mark Franklin): 20',<1, 18d. Hnutapu (John Lyons): ISjd. TSP (T. S. Percival): 181 d. HH (Herbert Hewitt): 22d. HBF liar Co-on. in block (pool wools): 20’d, 20d, 193 d, 19d. 18d. 18d.