WOOL IN DEMAND

Hawke's Bay Tribune, Volume XXV, Issue 56, 18 February 1935, Page 7

WOOL IN DEMAND

GOOD SALE IN NAPIER Prices on Par With January KEEN COMPETITION Price* for all quality wools remained on a par with the January offering, with some lines being fully firm, at to-day’s sale in Napier. Values for good necks and pieces appear to show a slight advance, but low grade sorts generally eased slightly. Certain scouring types revealed an increase in some instances of up to a halfpenny.

A total offering of approximately 24,200 bales was submitted to a full bench of buyers fully representing overseas consuming countries and NewZealand interests. From the outset a good tone prevailed and some doubt was entertained as to whether certain Jarge purchasing interests would be operating. Within half a minute of the start they showed that they were ‘‘in the market” and continued throughout the morning to outbid the lively opposition for required sorts, which covered a wide range of types. Life was given to the sale by the spirited activity of the Frenchmen in lines suitable for their requirements, which consisted largely of pieces, necks and good lines of lambs. SPIRITED BIDDING. The offering included a number of good wools which were well above the average quality for a season’s first sale. These were largely responsible for values hanging so well. The bulk of the catalogue was made up of ewe wool, much of which was carrying a fair amount'of condition. Early-shorn lot* were dry, having been held over by the growers in many instances in the hope of meeting a rising market. Competition was keen throughout with bidding on wanted lines being very spirited. At times the sale was most exciting, with fully a dozen on their feet frantically waving their arms to the tune of deafening shouts. Such scenes frequently created confusion, the auctioneer ahving difficultyin determining the bids. Disputes overbids frequently arose until instructions were given for bids to be ignored until a lot had been knocked down. The sale could be described as being the noisiest that has taken place in Napier for some time past. Frequently competition was well spread and at times buyers showed a determination to make purchases by hotly contestingf bids. On one occasion some humour was created by’ one prominent buyer coolly remarking when another operator was on the same mark to first catch the auctioneer’s eye, “id sixpence; that was vennice of him.” 10jD FOR SOUTHDOWN. The top price obtained in the opening caalogue was 10|d for a line of five bales of Souhdown from Weber. A few minutes later this value was equalled for another line of Southdown pooled wool which was classed and skirted in the broker’s store. The same price was again reached for an interlotted line of Southdown. Considerable interest was taken in the offering in De Pelichet, McLeod and Co.’s catalogue of the Tumowaitai clip. This consisted of pure Romney wool, one of Hawke's ay’s outstanding clips. A lot of super ewe wool was sold after well-spread and exciting competition to Francis Willey and Company. Fine quality and good styled lambs were eagerly sought after to reach 9Jd in several instance*. Some surprise was caused when the auctioneer, in offering a line of firs lambs, said, “I is passed to you at Bjd.'' "Well, how much do you want then?” asked the rather astonished onyer amid laughter. Poorer lots of Jambs were neglected and rarely exceeded 5Jd. Greater attention was paid to lots of necks to-day than was the ease at the January sale with the result that better sorts showed an advance of Jd or even more, these being lifted by the bench. The highest value was 8d for a fine lot under the brand of Otupae from inland, Patea. A line of Corriedale from Waimarama. under the brand of V.C., which topped the market last season, brought JOd. The offer of 6d for crutchings off high country at Morere drew a chorus of whistles from the buyers, who remarked, “He will he sorry.” TREND OF THE MARKET. The trend of the market may be. fully gauged from the values obtained for the following descriptive lots: — The sale opened with the submitting of 10 bales of fairly fine ewe wool from a clip near Fernhill which realised bjd. The other lots from the same clip were of average quality to make for B fijd, C fijd, and A lbs. 6d. The next line was from the Maraetotara district, being of average quality. B hgts. made tijd, and the ewe wools made lot' A Old, B (id, C old, and Ist pcs. 4jd. From the Coast was a bright clip which, although not well bred, was high yielding fleece wool, the A making 6d, B sjd, and C 6d. The following clip was also from the Coast. A nice lot ot A hgts. which were fine and short, brought Bd. The ewe wool which was of average quality, was bright and clean, making for the best line 7jd and lor the next grade tijd. A low and coarse type ot clip, heavy in condition, trom Elsthorpe, made for B fleece Ufd, (.' 5Jd, and Ist pcs. 4jd. I A slightly above average Waipuku- I rau clip, reclassed and skirted in the ■ store, made for FA 7|d, A 6Jd, B 4jd, i and C sd. From Te Aute a nice line | of A ewe fleece of fine quality made (i|d. The next grade, being average quality, brought s}d and the pcs I pl. One of the best clips from the Wailoa district, which was well grown . and of good quality, made for AA j fleece 71d. The next grade made 6}d, ' nnd B 5Jd. A lbs. brought 7Jd, seedy j lbs. 5Jd, Ist pcs. 4}d, 2nd pcs. 3Ja, and bels. 3jd,

OUTSTANDING CLIP. Considerable interest was taken in the offering of an outstanding clip from the Coast. This well classed and splendidly got-up line made for an excellent lot of super AA ewe fleece 9pl. The other gradings of ewe fleece made for A 9d, B 7Jd, C 6Jd, D Old, T 6jd, Ist lbs. 9jd, 2nd lbs. Bd, 3rd lbs. 6ld, necks 7Jd, Ist pcs. 7Jd, 2nd pcs. s|d, and bels. fid. The next offering was another clip from the Coast of good quality in which a line of short and fine B hgts. made 7jd. The AAE super made 7Jd, while the other lots of ewe fleece made for A 6jd, B 7d, C lst lbs. 9Jd, 2nd lbs. 6id, Ist pcs. 6d, and 2nd pcs. sd. A slightly above average, bright and high yielding Takapau clip of ewe fleece made for A 7}d, B 6Jd, and C 6Jd. Another Coast clip containing a mixture of preparing and carding types and inclined to be coarse, made for A fleece 7jd. B 61d, BF fijd, O 5Jd, Ist lbs. 9Jd, 2nd lbs. 7d, Ist pcs. 5Jd, and bels. sd. A better type Coast clip, - well got up, and sound, and possessing the virtues of good Romney wool, mado for a fine lino of A A ewe fleece 9d. The A made BJd, B 64d, C did, 1) did, Ist lbs. BJd, 2nd lbs, 7Jd, 3rd lbs. 5Jd, necks dpi, Ist pee. spl, and bels. fijd. POUKAWA SOUTHDOWN, A good line of fine and short Southdown from Poukawa made OJd. Under the same brand, average fleece made for A 7d, B sj|d, C old, and Ist pcs. 4jd. In what may be termed as being an indifferent clip from Gisborne, the A hgts. made 7{d, B hgts. dd, A fleece s|d, AE old, BE od, Ist lbs. old, and Ist pcs. 4Jd. In a bright, clean Wairoa clip of ewe fleeces in which the quality was a little coarse, the 13 made did, C dd, E 6d, M 4jd, necks and pcs. 4}d, A pcs. 4Jd, B pcs. 3jd, and bels 3Jd. An outstanding line of necks from Woodville of excellent quality and well sorted which last year made about 18 pence, realised Bd. A line of ewe fleece from the Manawatu gorge which was carrying sand off the river bed made for A did, and B 5Jd. A medium to average clip from Ongaonga of fleece wool which was well classed, made for the A, which were of fine quality, did, B 6d, and C sd. SECOND CATALOGUE. Early in the second catalogue a fairly conditioned clip from Ongaonga. which was inclined to be yolk stained, made for A hgts. 7Jd. The A ewe fleece made Bd, B 6jd, C dpi, and pcs. s|d. Quite a fair Romney clip from Waipukurau, fairly light in condition for ewe wool and well got up, made for A 7Jd, B d]d, C dpi, necks and pcs. SJd, and bels. fid. A deep grown and bright Whetakura clip made for A hgts. B hgts. 7-Jd, A ewe fleece did, B 61d, A lbs. Bjd. A Romney cross clip from Hatuma of fair style and quality made B ewe fleece djd, C Ojjd, and Ist pcs. fijd. A well grown, bright and lair-condi-tioned Dannevirke clip made lor A hgts, 7jd. The A ewe fleece made 7d, and the B 7d. The next offering was also from the same district, being a nice lustrous and light in condition clip to make for the A hgts. 7pL lhe A wether fleece made 7|d, the A ewe d}d, and Ist pcs. 4pi. In a rather dull Sherenden clip which was showing lair quality the A hgts mado 7|d, the A fleece made Cpl, the next grade sjd, and C 5Jd. From Waimarama a well-grown clip which was inclined to be dusty, the A fleece made 7d, B sjd, and O fid. A well-grown Romney cross line ot ewe fleece made for 1! 7Jd and C 6}d. Under tho same brand was one of the few lines of pure Lincoln fleece. Of good type, but carrying a fair amount of condition, it brought (Id. A fair quality Wairoa clip, dull in appearance and touched with seed, made for B hgts. UJd. lhe ewe fleece made 7d and the next grade 5Jd. Au average quality clip from Maraekakaho, in medium condition, but dull, made for A hgts. 7Jd and for B hgts. 6sd. In the fleece wools which were showing the Australian sheep burr, the A made 7pl, B lipl, C sd, necks 5Jd, Ist pcs. 4jd, bels. 3Jd, Ist crutchings 4Jd, Ist lbs. 6jd, and 2nd lbs. 4Jd. I’ORANGAHAU WOOL. From Pohangahau was a deep grown clip of good style and well got up. The A hgts., whicii drew well-spread competition, especially from Japan, were an outstanding lino to make 9d. In the fleece lots AA made BJ<l, A 7d, B bjd, necks G-jd, A pcs 6d, bels. 4|d, and A lbs. 9}d. In a Takapau clip which was inclined to be earthy and carrying a fair amount of condition, the A fleece made 6d, the next grade 5-jd, and Ist pcs. fid. A hgts. from an Elsthorpe clip, which were showing tick stain, made 7d. For the ewe fleeces, which were of good average quality, the A made tifd, B 6d, O fijd, and pcs. and bels. fijd. In a well classed, bright \\ hetakura clip, which was of good length, the A hgts. made Bjd, and the next grade 7jd. The A ewe brought 6jd, the B bjd, and A lbs. BJd. A well-grown early-shorn Maraekaka'ho clip of fair colour made for A hgts. BJd. In tho ewe fleeces A made >)d, B Ujd, C (Rd, necks (id, and Ist lbs. A Wairoa elip, dull in appearance, ; fairly short in length and inclined to be tender, made for A hgts. "Id, and B hgts 6tl. Jn the ewe fleeces A made I 6pl, li 5Jd, C IJd, A lbs. G:;d, and B lbs. fijd. BROKERS’ REPORTS. De PELICHET, McLEOD & CO. De Pelichet, McLeod & Co., Ltd., report having held their third sale of the season to-day, when they submitted a catalogue of 3053 bales, including 428 bales from Gisborne. There was the usual large attendance of overseas and local buyers. Competition was quite keen up to buyers’ limits, ar.d the sale I went with a decided swing. Most of | the wool offered consisted ot ewe wool, i and carried more condition than the ; two previuus sales. Super and good wools were on par with January prices, but medium and low grade wools were par to a shade easier. Pieces were on a par to a shade easier. The sale of lambs’ wools was extremely erratic, and barely up to January prices. Practically no hogget wools were sold in ' oud catalogue. Our highest price was for PUNAWAITAI over ECN, a pure Romney , clip. This clip sold on a par to prob- j ablv better prices than ruling at the j last sale. The get-up of this clip is so I excellent, as well as the quality of the , wool, that it always commands ex- j treme figures. The actual prices for | the whole clip were as follows:— Three bales super AAE !>4d. 16 AE '-I. 17 BE 7?d, 13 ( E ti.3d, 9 DE 6RI, I T , 6J<I, 9 Ist lambs 91<1’, 4 2nd lambs Sd. , 6 3rd lambs (ijil, 5 necks 7}d, S Ist nieces 7}d, 4 2nd pieces old, 9 bels sd. .SWASTIKA also sold well. 5 AAE 9|d, 19 AE Bjd, 20 CE 6id, 15 DE 6£d, 9 2nd lambs 7pi, 13 'lst lambs 9jd, 8 3rd !

lambs s|d, 8 necks 6}d, 21 Ist pcs 5Jd, 10 bels s|d. We quote the above two clips as they are usually’ sold in the earlier sales.

Wo give below list of other brands and prices realised:—Eg in diamonds 5 hgt A Bd, 14 AE 7id, 11 BE 6}d, 4 Ist pcs sfd, C in diamond 4 fine xbd Bd, KOUNDAWAY over RMB 4 hgt B 7Jd, 3 AAE 7<d, 7 AE 6|d, 12 BE 7d, 4 CE fifd, 6 Ist lambs 9|d, 4 2nd lambs Cid, 4 Ist pcs 6d, 4 2nd pcs 4Jd, MOTEBE over HHP 6 A 73d, 15 B CJd, 10 BE s|d, 10 C 5Jd, 14 Ist lambs 9id, 16 2nd lambs 7d, 7 Ist pcs 5Jd, 4 bels sid, Bullock’s Head 3 hgt A 7Jd, 6 AE 7id, 10 BE Cid, 5 O 6id, JMT 8 AE 7Jd, 6 BE 5Jd, RPW 4 A 7jd, 5 BB Cd, 9 C Sid, 4 Ist pcs 4}d, RYLAND 4 FA 7fd, 8 A Cid, 4 13 4|d, 4 C sd, W/KIA ORA 6 AA 7i«l, 12 A CJd, 12 B fijd, 11 sdy flee 4Jd, 4 A lambs 7Jd, 6 sdy lambs fiid, 5 Ist pcs 4id, 4 2nd pcs 3jd, 4 bels 3id, T over bar over Al 7 gilt A 7|d, 4 hgt B Cd, 4 A 5.1(1, 14 AE 5Jd, 5 BE sid, 10 st pcs 4jd, TAU 7 hgt A 7jd, C hgt 13 6d, 14 AE sid, 14 HE 4id, 4 Ist lambs Cfd, 6 necks Sid, 4 bels 3jd, 6 etgs 2jd, I’2 in diamond 4 A 7d, 20 B Cid, 21 C Sid, 0 D Sid, 6 E 4id, 9 Ist ,pcs 4jd, 5 bels 4id, 4 locks 3d. PONGA 4 7d, 7 13 sjd, 8 C sid, 5 Ist pcs 4}d. MAIIORA 5 hgt B 0 Jd, 5 Ist pcs 4id, 4 bels 3jd. M.S| over RUA 4 hgt B 6|d, 10 BE sjd, N under gable 12 hgt B (ijd, AFH 4 A CJd, 5 B Cd, 0 C fid. MARAE over TOTABA 4 hgt B Cid, 4 AE Cid, 0 BE Cd, 4 CE sid, 4 Ist pcs 4Jd, CBH 4 AE Cid, SJL in diamond 4AE o |d, BBE aid, 5 pcs 4id. KOPA 8 B CJd, 7 BE 6d, 11 C Cd, 11 CE sd, 6 Ist pcs fid, 4 bels 4id. OEUA 0 hgt C Cid, 4 B s|d, 8 BE Cd, 5 CE aid, 4 Ist pcs 5 id, 1113 over KOKOMU 4 hgt Cid, 9 E Sid. HUBUMUA 15 A Cjd, 19 B SJo, 14 M 4jil, 13 Ist pcs. 4Jd.