WOOL MARKET

Hawke's Bay Tribune, Volume XXV, Issue 57, 19 February 1935, Page 3

WOOL MARKET

THIRD NAPIER SALE Official Range of Prices BROKERS’ REPORTS At the close of the sale in Napier yesterday the brokers held their customary meeting for the purpose of noting an official price range from among the realisations at the sale. These were as follow:—

BROKERS’ REPORTS. DE PELICHET, McLEOD AND CO.

De Pelichet, McLeod and Co., Ltd., report having held their third sale of the season, 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, and the sale went with a decided swing. Most of the wool offered consisted of ewe wool, and carried more condition than the two previous 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 probably better prices than ruling at the last sale. The get-up of this clip is so excellent, as well as the quality of the wool, that it always commands extreme figures. The actual prices for the whole clip were as follows: — Three bales super AAE 9Jd, 16 AE 3d, 17 BE "Jd, 13 CE 63d, 9 DE 6Jd, 4 T 6}d, 9 Ist lambs 9Jd, 4 2nd lambs 3d, 6 3rd lambs 6}d, 5 necks 7Jd, 8 Ist pieces 7}d, 4 2nd pieces 5Jd, 9 bels sd. SWASTIKA also sold well, 5 AAE 9Jd, 19 AE BJd, 20 CE 6Jd, 15 DE 6Jd, 9 2nd lambs 7Jd, 13 Ist lambs 9 jd, 8 3rd lambs 5Jd, 8 necks Gjd, 21 Ist pcs 5Jd, 10 bels 5Jd. We quote the above two clips as they are usually sold in the earlier sales. We give below list of other brands and prices realised: —Eg in diamonds 5 hgt A Bd, 14 AE 7 Jd, 11 BE Gjd, 4 Ist pcs Gjd, C in diamond 4 fine xbd Bd, ROUNDAWAY over RMB 4 hgt B 7Jd. 3 AAE 7Jd, 7 AE 6Jd, 12 BE 7d, 4 CE s}d, 6 Ist lambs 9jd, 4 2nd lambs Gjd, 4 Ist pcs Gd, 4 2nd pcs 4Jd, MOTERE over HUP 6 A 7.3 d, 15 B 6jd, 10 BE sjd, 10 C sjd, 14 Ist lambs Did, 16 2nd lambs 7d, 7 Ist pcs 5Jd, 4 bels s}d, Bullock’s Head 3 hgt A 7Jd, 6 AE 7id, 10 BE Gjd, 5 O Gjd, JMT 8 AE 7 Jd, 6 BE sjd, RPW 4 A 7jd, 5 BB 6d, 9 C 5Jd, 4 Ist pcs 4Jd, RYLAND 4 FA 7jd, 8 A Gjd, 4 B 4Jd, 4 C sd, W/KIA ORA 6 AA 7{d, 12 A Gjd, 12 B 5Jd, 11 sdy flee 4|d, 4 A lambs 7Jd, 6 sdy lambs 5Jd, 5 Ist pcs 4Jd, 4 2nd pcs 34d, 4 bels 3id, T over bar over M 7 ght A 7Jd, 4 hgt B Gd, 4 A sjd, 14 AE 5Jd, 5 BE 5Jd, 10 st pcs 4Jd, TAU 7 hgt A 7Jd, 6 hgt B I ’id, 14 AE 5Jd, 14 BE 4Jd, 4 Ist lambs 6|d, 6 seeks 5Jd, 4 bels 3 Jd, 6 etgs 2JU, I’2 in diamond 4 A 7d, 20 B Gjd, 21 C 5Jd, 6 I) 5Jd. 6 E 4jd, 9 Ist pcs 4jd, 5 bels 4]d, 4 locks 3d. I’ONGA 4 7d. 7 B 5Jd, 8 C s|d, 5 Ist pcs 4Jd. MAHORA 5 hgt B 6 Jd, 5 Ist pes 4id, 4 bels 3Jd. M.S. over RUA 4 hgt B Ojd, 10 BE sjd, N under gable 12 hgt Is 6Jd, AITI 4 A 6|d, 5 B *>d. 6 C sd. MARAE over TOTARA 4 hgt B fijd, 4 AE 6id, 6 BE <id, 4 CE sfd, 4 Ist pcs 4}d, CBH 4 AE 6jd, SJL in diamond 4 AE 6jd, 8 BE sjd, 5 pcs 4jd. KOI’A 8 B 6Jd, 7 BE 6d, 11 C 6d, 11 CE sd, 6 Ist pcs sd, 4 bels 4Jd. ORUA 6 hgt C 61d, 4 B sjd, 8 BE 6d, 5 CE s}d, * Ist p-s 5 id, HB over KOKOMU

4 hgt Gid, 9 E s}d. HURUMUA 15 A Gid, 19 B sio, 14 Al 4jd, 13 Ist pes. 4id. Ohiti 10 A 6Jd, 17 HE sjd, 14 CE sjd, 4 lambs 6d. I’WL 7 AE l>id. GA 9 AE 6|d, 8 BE sd, 7 Ist pcs. 4id. Braemare 5 A Gjd, 4 B 5Jd. Tawai 4 BE 6£d. SAR 7 A 6Jd, 8 B ojd, 4 pcs. 4jd. T under gable, 4 A 6d, 7 B ojd, 5 C 6d. Long over Range, 7 B 6d. CO 4 hgt. A 6d, 7 AA ojd, 4 pcs 4jd. Wairunga 8 AE 6d. Mouturu 4 B 6d, 4 C s}d. Turirau over TG 4 A 5Jd, 5 B 5Jd M. LIMA over WAIHUKA 8 B 5Jd, 42 6 A 53d. Our interlotted and binned wools met with very spirited competition and realised the following values: 10 hgt. Bd, 17 hgt 7id, 8 hgt 6d, 9 xbd 7Ad, 27 xbd 7d, 17 xbd 6}d, 19 xbd 53d, 22 xbd 51d, 17 cots sd, 20 cots 4Jd, Sdn lOd. Binned wool: Fine hgt. Bd, med hgt 7|d, fine xbd 7Jd, med xbd Gd. TI.B. FARMERS’ CO-OP. ASSN. LTD. The Hawke’s Bay Farmers’ Co-opera-tive Association Ltd., with which is associated Hoadley, Son and Stewart, Ltd., report, as follows: — The third series of wool sales took place yesterday with a total offering of 24,264 bales, of which wo catalogued 5492 bales, including 1148 bales of binned wools. Our offering came from every part of the province and was fully representative of Hawke's Bay grown wools. It included a number of very well known clips, some of which were early shorn and light in condition. The bulk, however, were later shorn and heavier in grease.

There was a full attendance of buyers and competition was exceedingly keen and sustained throughout the sale, the heaviest commitments being on behalf of Bradford, but good support came from Japan, Canada, Australia and the Dominion mills. France dominated the market for necks, pieces and bellies, but Germany was only moderately interested. Hogget wool was from par to a shade easier, fine wools from Jd to Jd lower, medium and coarse ware firm and attracted strong competition at unchanged prices. Cotted and low crossbreds were from par to id better, but inferior and seedies were easier. Lambs’ wool was not in keen demand except for super types, which were on a par with last sale’s rates. Necks, pieces and bellies were unchanged, but very seedy and inferior lots were not easy to quit. Crutchings were scarce and in good demand at fully id up.

In face of the quietness of business in Bradford and the decline in the price of tops recorded last week, yesterday ’s prices may bo considered very satisfactory, especially taking into account the heavier condition of the offering, and realising full parity with the closing prices of the recent London sales.

Among our leading prices wo quote the following:—ET/8 (E. Turfrey) xbd 6}d; RH (R L. Hales) EA 7d; CA under Eyebrow (Est. C. W. Alder) HA 73d, EA'Bd, EB Gid; JBC (J. B. Campbell) A 6i<l; Bywell (J. FJlingham) HA 73(1, HB 7id, EA 61(1, EB 6}d, lambs A 81; H in plate (Howard and Co.) Rom. EB 6Jd; E revsd R eonj. (J. F. Robinson) HA 7Jd, EA 7d, EB GJd; K in C (K. Campbell) WA 71d, EA Gid, HA 7Jd; Glen/Doone (E. W. C. Clarkson) Ha 73d, A 63d; Fordale (A. D. Wallace) HA 7id, EA 7id, EB 61(1; XL/bar (L. G. Field) A 7d; W in horseshoe (Wm. White and Sons) EA 7jd; Y2 (Est. A. V. Collins) REB 7id, REC GJd; RSM/Rosewood (D. S. McAulay) A GJd; J on side W (Mrs M, L. Sehceic; HA Bd, EA 7Jd, lambs BJd; bar/Z (F. J. McKinnon) HB 6id, EA 7d; EC in shield (E. C. Clarkson and Sons) IIA 7id, HB GJd, A 7id; GD (W. Gordon Douglas) EA 7d; Silver Stream (J. J. Faulkner) lambs B GJd; Reydon (H. G. Dalby) HA 9d, AA BJd, A 7d, B 6jd, lambs A 9Jd, lambs 7Jd; AMcG (A. McGaffiu) HA 7d; Aurcre/RH (Mrs H. T. Hutana) EA GJd; Glenelg (Mrs A. Ellingham) HA BJd, HB 7id, EA GJc 1 , EB GJd, lambs Bjd; I’aeroa W. Ellingham) HA BJd, HB 7Jd, EA Gid; Whakapirau (J. C. Bell) Ha Bid, FA BJd, lambs BJd; Opoho (Est. W. D. I’owdrell) HA 7Jd, EA 6Jd, lambs 6Ju; Kanuka (Jas. McGregor) EAA GJd, EA GJd, HB 7d; Newlands (M. Tansey) EA 7Jd, EB GJd; Moomookai (M. R. Shaw) HA BJd, HB 7}d, EA 7d, nks GAd, lambs Ist 7}d; RW/Black Diamond (Jas. G. Wilson) EA GJd; CC (S. T. Belcher) HB Bd, EA 7d; Otupae (Otupae Ltd.) i-bd HAA BJd, EAA 9d, HA 7Jd, line HB 71d i-bd HT 73d, EA Rd, nks Bd. Tarui t,T. J. Thompson and Son) A 7d; GTK/YY (G. T. Kyle) A 63d; L in C (Kittow Bros.) EA 7Jd., nks GJd., lambs A 9jd; NW (N. P. Wallace) A 6jd; VL (T. V. Long) Cor. AA 10d., i-bd. A 9d; Netherby (Graham Bros.) EA 7d; lambs Ist. 83d; G and TP (Mrs. R. J. Prescott) EA 7Jd., H 7Jd; Clonkeen/R/bar (R. Mclntyre) HA 73d; Al GJd; McL (M. J. and R. G. McLeod) EA 63d., EB 6Jd ; D and II (Davey and Hansen) A 6Jd., JP conj. under eyebrow (W. C. Pettit) EA 8d; Melton (Baraud and Abraham Ltd.) H 7d; Dunloe (M. Horgan) HA 7Jd., AA 7d; Awanui/C (N. M. Campbell) lambs Ist. BJd; JTF conj. (D. Glynan) HA GJd; Waiterenui (Est. W. A. Macfarlane) lambs Ist. B}d; Temaire (M. G. Mackay) J-bd. EA 7d; Mahoe (Est. G. Y. Lethbridge) lambs BJd., 6jd; FR/SN (F. Rawsthon) A 73d., 13 GJd; DI (D. McLeod) A 7Jd; Cross/MJJ/M (Est. M. J. Joblin) A A 83d., B 6|d; Whawhakanga (Mrs. W. T. Kuru) HA 6Jd., AA 73d., A GJd., lambs 7d; JP/T (Jas. Peters) HA 7d., FA 7Jd., A GJd; GCS (G. C. Sanderson) EB GJd; DM/VVoodsido (McLeod Bros.) A A 71d., HA 7d., A 63d; GEO/Mahia (Geo. Ed. Ormond) EAA GJd; JO/Mahia (Joe. Ormond) HB 6Jd., WA 6Jd., EA GJd; Ifedgeley (F. C. Clark) nks 6!,d; Crossed Triangles (R. Mathews) lf.\ 7Jd; Weber (Mrs. E Hales) S/Down IOJd., HA 7Jd., HB GJd., EAA Bd., EA 6Jd., nks GJd., lambs A A !>|d; W and C (Otupae Ltd.) J-bd. HAA 7Jd.. EAA 7jd; WC (Mount Erin Station) 118 7Jd; Okahu (A. A. Small) fine AA BJd., J-bd. A 73d; Ngaio (Mrs. S. 11. Willis) EA 6Jd ; CKW (C. Kinross White) HA BJd; CR conj. (Est. D. Canning) HAA BJd; AH in eyebrows (J. A. Houseman) AA 7dj Lindholt (L. P. Hansen) H \ arious lnterlottcdlambs B GJd., lambs fine A 9|lb., lambs A Bd., lambs 7d., Jbd. BB GJd., fine B 7Jd., fine A 7Jd., J-bd. HA 73d., J'-bd. HB 7d., fine HB 73d.. J-bd. A A 81d., 3-bd. BB 7d., Down A IOJd., J-bd. 9d., nks A 63d; HBF/Coop in Block various clips pooled:—J-bd. H 9Jd., fine HA BJd., fine HB 7Jd., J-bd. HA 7d., J-bd. HB 7d.. Down A IOJd., Down B 9Jd., Down D 8,(1., J-bd. A 10d., )- fid II 9id. fine UH Bd.. fine A Bd., J-bd. \ 7d., J-bd. HB GJd., 6!d . 6Jd., | GJd., A GJd., fine BJd., nks A GJd., I Down pieces and bellies GJd., dead ( A 6Jd., black 63d., Down 9Jd. I j MURRAY. ROBERTS AND CO. LTD. At the third wool ealo of the season i we submitted a catalogue of 3700 bales

of wool to a lull bench of buyers. Competition was very keen right Hi rough our catalogue and was also well spread all sections participating. It was very noticeable that superior lines of crossbred were in keen demand and occasioned spirited bidding. With few exceptions the sale may be quoted as fully firm on last sale, with super lots perhaps a thade dearer and inferior sorts a little easier.

Lambs’ wool in our opinion was if anything cheaper for good sorts whilst inferior were in sellers’ favour. Wo should say that Bradford was the principal buyer, with strong competition from the Continent and Japan, and German competition was more pronounced.

We sold 94 per cent, of our catalogue under the hammer and quote prices as under :—

Poporangi, AAAJfi feld, AAE Bd, necks GJd; Matapiro, AAE Bd, AE 7fd, A lambs , Jd, necks GJd; WE over Titree I’omt, AAH 9jd, AA BJd, AH BJd, Ist pcs. ojd; Eereru, AE id, BE 6jd, Onepu, B 7d, Ist lambg 9d; Tuhana, B GJd, U Old; AMJ, AAE BJd, AE 7Jd, necks bfd, A pcs. GJd; EW bar G, A GJd, B hgt. GJd, E hgt. GJd; V in V, AE Gd; Fl’, E 5Jd; le Puna, BE GJd; Waitio, AAH Bd, A hgt. 7Jd, A 7d, B hgt. GJd; GS over 03, AH 9|d, AE 73d, B hgt. 7d, Ist lambs 7Jd; Mineglass, AA BJU, A hgt. BJd, A 7jd; XI, AH Bd, A GJd; TEE, AE GJd; DMD. BE GJd, CE 5Jd; WA, BE GJd; WPG, AE GJd, necks 5Jd; MWB over Shamrock, cotted 4Jd; Hull, A 5Jd; Prior Park, AE 6Jd, BE sjd; O bar U over Mcthwyn, A sjd; MC over S, A 6d, B GJd; )\P CE GJd; S in D, A hgt. 7Jd; Luckyhill, AE 7Jd; D in Circle A 7d, B hgt. 03d; Tawanui over WWS, A hgt. GJd, A GJd, BE GJ; WAS, A 7Jd; MGA, O hgt. GJd; RH, B GJd; Cross Swords, A hgt. 7Jd, BE 5Jd; M cross W, A hgt. 7Jd, A ewe 7d, B hgt. 6|d, Ifct lambs GJd; BY, A GJd, B sd; Maru AE GJd; DFR, A 6Jd; THC, B GJd; HS. A GJd; Dunbar, ewe sjd; CLIH, AE 7Jd, BE GJd; AH, A Gd, B GJd: 13S, AE 6Jd; JTW, AA 7Jd A 6Jd: 11K over Ruanui, A 5Jd; CSC, B Gd; Patoka, AAE 7Jd, A hgt. 6Jd, AE Gd, B hgt. GJd; JMcN, hgt. BJd, BE GJd; IH> over M, AE s<i; Te Are over P, AE 7Jd; Glenreay, BE 6d ; RS, AE 5Jd BE 5d ; FER over W in circle, AE Gjd; RB over Rakauroa, BE 43d; ON, AE Gjd, BE Gjd; Black over Pakowhai AH Bd, AE 7d, BE 6fd, Ist pes. Gjd: HL over B, E 5Jd; Koura over NZ, B 6d; WAI), BE Gld; WRM, A Gjd; ES in block, AE 6d; RIS B Gjd; Tehoe, AJbd. 9Jd, Axbd Gjd; CLL, A 7Jd, 13 5Jd: WD, AE 6jd, BE Gjd; TCL over Okawa, AE Gjd, FE Gjd ; JXR, BE Gjd; R and R, AE 6Jd, BE Gd ; Te Awaroa, I3E 6Jd, CE Gjd; Binned wools, AS/down llljd, Jbd. 9Jd, C Jbd. 8)d, A hgt. Bd, A xbd. 7>d. DALGETY AND CO., LTD. The third Napier wool sale was held yesterday, when a total of approximately 24,000 bales was offered. Our catalogue consisted of 4650 bales of which approximately 86 per cent, was sold. The selection was a medium one only, a few good wools being submitted, but there was a fair percentage of very ordinary top-making wools. Some of the clips were shorn early and are now’ showing signs of yellowness, appearing more like old wools than new’. Competition was general with Bradford the principal operators for fleece wools, France as usual taking the bulk of the necks, pieces and billies. The main feature of the sale was the keen demand for preparing wools of medium to coarse crossbred which were a good halfpenny dearer than at the January sale. Fine crossbreds were slightly easier but this was anticipated from indications given in recent reports from other centres. Necks, pieces and bellies realised prices slightly above brokers' expectations, due to the keen demand from the French section. Lambs’ wool was also keenly sought after by Continental and Australian mills, and could be quoted fully firm on recent quotations.

The bidding generally throughout the sale was the keenest experienced foi some time, but of course buyers were forced to keep strictly within their limits. It is expected that there will not be any material change in prices for the remainder of the season.

We strongly recommend growers who contemplate offering their wool in the March sale to meet the market and not to hamper the broker with hard and fast reserves. Quite a number of clips in yesterday’s sale were passed in within id of the valuations which had been made absolute reserves by the growers. Had the broker the right to use a little discretion many of these clips could have been sold, as when the top lot is passed in the bidding often slackens oft for the remainder of the line. Furthermore, it is not always possible to sell the lot after the sale owing to the fact that a buyer has filled his orders and in quite a number of instances owners regretted having made the valuations hard and fast reserves.

The following are some or the prices realised: —TG/NZ Maltese Cross, AH 73d, A 6Jd, BH 6Jd, B 6d, pcs. 5Jd; Wairere, AH. BJd, AE 7Jd, pcs. 7Jd, Ist lambs 9(1; ESJ, AE 6d, BE 5Jd, MF sd. Ist pcs. B 4Jd; Motuwcka, AAH 83d, AAW BJd, AAE 7Jd, AH 73d, AW 7Jd, AE 71d, BW 6Jd, BW Gjd, BE Gjd, HE 51d, nks. Gjd, A pcs. 6(1, B pcs. 43d, bellies W 4Jd, bellies E 4Jd, 2nd erts. W 33d, 2nd crs. E 3Jd, Iks 3(d, A lambs Gjd; Tourere, AH. Bd, AE 71d, BH 6d, BE 6d, CE Gjd, Ist pcs. 6Jd, bellies 41d, 2nd pes. s.|d, Ist lambs Bld, 2nd lambs Gd; HRC, AE 7d, BE 5Jd, CTI sd. A pes. 5Jd. Ist lambs 73d, crs. 4Jd; Dl'TI, AE 7Jd, BE 5Jd, Ist pcs. sd, bellies 4}d; Wilencote, AAH 9d, AH B.|d, AE 63d, BE 5Jd; Strathallan, AH BJd, AE Gjd, BH 7Jd, BE 5Jd, A pcs. 5Jd; Waipari, AH 73(1, AW 5Jd, AE 6}d, BH 6}d, BE s.{d, A pcs. sd, A pes. E 4Jd; HLS/Oheish, A 7Jd, B 6’d, C 53d, cot. 4Jd; HVH, B 6Jd, C 5Jd, nks. and pcs. s.fd; Lake, AE 7d, AAE 9d; B rev. II conj./G, AE 7Jd, AAH 83d, All 7Jd, BH 7(1, BE 6Jd; Glenelg, AH 81d, BE Gjd; C 7, AH Rid, A 7d; I’ukeliwl/LMD, All 7d, AW, AE 63d, EH Gjd, BW, BE 4Jd; Powha, BH 7Jd, lambs 7}d; Hoin, AH Bd, AE 6Jd, BH 7d, BE 53d, CE 5 jd, x-bd. E 44d, Ist pes. -IJd, pcs. 4}d, bellies "jd, lambs IJd; Para, AH 7jd, lambs 7Jd; Ilakurenga, AH 7ld. AW 7d, AE 6d, BW Gjd, BE 5Jd, CW sd, lat. pcs. W 43d, A lambs 7Jd, AE 6d. 811 6Jd, BE 51(1, CE 4Jd, Ist. pcs. 43d, bellies .'Hd; Tiratu, A 7}d. B 6}il, C 53d, A pes. sd. Tnterlotted wools: x-bd. hgts. B2 7Jd, line x-bd. A A 93'1, fine x-bd Al 7J(I, '.-Ini. Bl Gld, x bd. B2 Gjd, x bd. B 3 Gjd, rams 1 Gd, x-bd. Cl Gd, x-bd. C2 5J(i, x-bd. C 3 5Jd, cot. 1 5Jd, lambs 1 t 7jd, lambs 2 Gjd, Jambs 4 Gjd, lambs 5 Gjd, fine hgts. AH 1 73d, tine x-bd. A 3

73d, x-bd. C 4 43d, fine necks 1 7Jd, nks. Sl Gjd, fine bellies I sd, erts. 2 5Jd, erts. 3 4d, erts. 4 3Jd.

WILLIAMS AND KETTLE, LTD. Williams and Kettle, Ltd. report:— We held our third sale of the wool season yesterday, when we placed before the buyers a catalogue comprising 4801 bales. Our offerings would have been considerably bigger had not the owneis of several big clips withdrawn their wool prior to the sale. The catalogue comprised a mixture of early and late shorn wools, the former having been held back in the hope of an improved market, which did not materialise. The condition of the wool was in keeping with what might be expected at this time of the year, though there was a little more than usual of the hairy type which is so detrimental to prices. Lambs’ W’ool was on the whole more superior to the offerings in January, and we were rather disappointed in the results, the market being distinctly erratic. Corriedale wool, of which we had a few lots, lacked competition and appeared to be little sought after by the buyers. Bidding was extremely spirited and well spread, there being more continental buyers operating. Bradford, as usual, lifted the biggest weight of the wool, and was the mainstay of the market. France operated freely in skirtings and bellies, whilst Germany bought a few lots. Lots suitable for Japan were well competed for. Unfortunately, the Dominion mills wore not operating, and this had a marked effect, especially on lambs’ wool, the market for which was extremely erratic.

Our opinion of the market is as follows:— Average to good and super crossbred firm on January rates; fine wools barely par to a halfpenny down; inferior fleece of all qualities erratic, lambs’ wool very erratic, Jd to Jd down; pieces and bellies were firm on January when their condition was taken into consideration; crutchings were very firm and were from par to a halfpenny dearer. The following aro some of our outstanding sales: — NAKU (F. W. Barnett) E Gjd, B 6Jd; GEK in square AE 6d, BE Gjd; Bar over HVVB (H. W. Bridge) BE 6Jd; EB conj. over Te Hau (R. E. Bunney) AE Gd, BE 6d; JK conj. under angle (J. O. Kennedy) AE 6d; Tematau (W. Hobson) H Gjd; HF conj. (G. F. Hardy) AWE 6Jd, LWE Gjd; Oporae (Est. A. Giblin) AH 6d, AAE 6Jd; Taupata (J. 1). Standing) AE 6Jd; DF reversed (A. D. File) E Gd ; HBB (H. 13. Blyth) let lambs 9jd; W in G (W. Gilmour) A 7jd; PJA (Mrs 1). McAtamvay) A 7d; JG over Riverlea (E. 11. Burling) AE 6Jd, CRB over Totara Hills (C. R. Bidwill) Ist lambs 7jd, ST (R. G. St. Holt Warren) AAH B|d, All 7Jd, AW Gjd: LOAN (Mrs J. Logan) S/down 9d; KAIIURU (Mrs E. M. Kenderdine) AAH 9jd; Waipuna (E. D. Couper) C Gd; Eskdalo (F. Lopdell) H 8d; Pukekino (F. B. Logan) BH 7jd AE 6Jd, BE Gd; AEB (A. E. Bryan)’ AH 6Jd ; Bar over CS (Mrs A. M. Schroder) H 7jd, A Gd, 13 Gjd; Te Au A Gjd; Hilcote, Gisborne AE Gjd, BE Gjd, A Gjd; The Laurels, B Gjd, C sjd, bls 4|d; MMD, All Sd, Ist pcs 5Jd; EJW, CH Gjd, BE 5Jd, CE 4Jd; EJW, DE 4jd, A pcs 4d; GAP, A Gjd; GT, AE Gd, BE Gjd; LGW over Calthame, AE 7d; Ahimanu, AH 7Jd, BH Gjd, AE 6d; 88, AH B}d, A 7jd, B Gd, C sjd, D pcs 4Jd; KORO-MIKO (Syd. C. Smith) Ist lambs B<d, pcs and nks 5Jd; AMF over Weber (Mrs A. McKnight) AE ujd, BE Gjd; FGM (F. G. McHardy) BH 6d, AE 6d, Ist pcs 4Jd; 7T under eyebrow (Jas. Tait) Al 6Jd; AFS (A F. Symes) AA Gjd; PAREROA over TGI’ (T. G. Price) AE 7Jd. BE 7jd, CEH Gjd, AL 9Jd, nks 7Jd Ist pcs Gjd; BENATTO (.Miss M. Mcßae) AE Gjd; KiA-ORA, All Bjd, AE BJd, BE Gd, pcs Gjd; JBH over Mt. View (J. B. Hamilton) BE Gd, pcs Gjd; ORINGI (W. 11. Gaisford) BH Gjd, B Gjd, EE Gjd, Ist lambs. 9J<l, nks Gjd, 2nd cruts 4d; UTOPIA (J. A. Moore) E Gjd; N over JC (Mrs Standfield) Ist cruts 6d . JVC (J. V. Carlson) BH Gd, AE Gjd, BE Gjd, CE Gd; Netherton (C. Athol! Williams) C 6d; Netherton-Mangakuri A 63d ; Mangakuri-Netherton nks 6Jd ; FDB over Barbon (F. D. Hardy) BE 6Jd; X (C. G. R. Sutton) crossbred E and H 6d.

Rawliiti (Powdrell Bros.), AB and W 63(1; P.A., (A. J. Parker) B 6Jd; Hinerangi AE Gel, A lambs 9pl, B lambs 7’d; C. and M. Blackhead (Est. L. 11. McHardy) AAE and W B}d, AE 7d, BE 7d, ADE 63d, BDE 63d, Ist lambs 9Jd, 2nd lambs 63d, nks. 7d, Ist pcs. 6d; Rissington (F. Hutchinson and Son) BH 7Jd, CH Cd, AE 73d, BE (>3d, Ist pcs. sd; Te Mata (E. D. Couper) AE CJd, BE 5Jd; Mahinga (C. J. Lloyd) Corr. X hogt. Bd, AIT fi’d, reclassed by W. and K. AH Bd, BH 6Jd, Corr, fine BJd, Corr. XE 73(1, nks. 63d, l-bred Ist pcs. 73(1, G B over Bar (G. J. J. Buchanan) Shorn hgts. 7jd, AA 7d, A fid; W-Kahu (Est. T. S. Williams) B fid; WL (Mrs K. Lamont) AE Cd; N.Z. over Pokai (Est. T. S. Williams) HB and E fijd. Mataka over N.Z. (do) x-bd. E and H 6d; FDH over Barboa (F. D. and G. F. Hardy) AE 73(1; Hl? over Motonui E 63d, Ist lambs Bd, Ist pcs. 5Jd; TOI over N.Z. (J. Clarke) x-bd. A and AB 6Jd; FJW (F. J. Withorow) AH 8d; Battle Hili classed by W. and K. A Cjd; Rangi over Tapu (G. C. Williams) Ist lambs 9Jd, 2nd lambs fid; EWM (Est. W. Moulder) A (id; LGC (L. G. Crosse jnr) BH 63d, AE fijd, BE Cid, C Cd, Ist lambs 8d; R (W. D. Rickey) AE GJd, BE 53d, Ist pcs. 5Jd; R2 (1). H. Rickey) AH 83d, AE (ijd, A 7d, B fid; Mount Herbert (J. D. Todd) AAH 9J.1, All 81d, AAE OJd, Ist lambs 9?d; Ist pcs. 63d; VF (G. F. Kennedy) AE (ltd, BE fijd; Waituku (Est. ,1. Hunter-Brown) Ist lambs did; lIS in diamond (IE W. Selby) AE Gid; DOR (D. (). Redward) A Cd; . Turn (Cotterills Est.) BH and All BJ<l, B and A 73d, C 63d; Waita over Turn (Cotterills Est.) DIT 7}d, E and Fit 7Jd, A B}d, B 7}d, C 61d, 2nd lambs 7}d; classed and pooled bv W. and K. S/dn A lOid, S/dn B 73d, 1-bd. B 9d, B 7}d, C 736, B Gid, C fid, B Cd, CH Bd, BIT 76, CH 7d, BH fi’d. N.Z. LOAN AND MERCANTILE AGENCY CO., LTD. The New Zealand Loan and Mercantile Agency Company, Limited, report having held the third wool sale of the current season in this centre yesterday, when a total catalogue of approximately 24,600 bales was submitted, of which their quota was 2,568 bales. There was a full and representative bench of buyers and competition from the opening to the close of the sale was very keen, ami at times excited, but all buyers were working under st riel lv defined limits. Prices compared with recent auctions can be described as very firm for medium and line crossbreds, but the coarser crossbreds can be quoted from very firm to in sellers’ favour. BeCjes and pieces were eagerly competed tor, and for these prices were slightly l»o-

ter than at recent auctions. Lambs’ wool, except for super lots which were firm, were*about 3d. lower than recent rates, but this easing can be attributed in part to the lambs’ wool at yesterday’s sale being dull and dusty and quite a percentage carrying a fair amount of seed as well. Crutchings were in keen demand and for these prices were inclined to be slightly dear er than recent rates. The wool did not open in as good condition as at the sale here in January, it being much heavier in condition and quite a proportion of it very hairy in the britch, and the bulk of the entry can be described as from average to good topmaking sorts, very few super lots being included in the offering. The following arc some of the prices realised:—

Hawke’s Bay: Pakira, AH BJd, BH 7d, AE 7|d, BE 63d, Ist pcs H s}d, Ist pee W 4}d, Ist pcs E 4d, bls 3jd, 2nd lbs 4jd, 2nd cruts 3d; Waipuka, A lbs 8d; Pingao, AE 53d; Annfield, A 6Jd, B 5Jd, C sd, pcs 4Jd; St. Gowans, B 6d, C 51d, pcs 4Jd; TI, crossbred 5Jd; Oykel, H Bjd, A B£d, B GJd, pcs GJd; McK, AE 64d, BE 6d, x-bred s}d; Opohnta, BE 6sd, CE 5Jd, x-bred s}d; Kite brand, AE 7d, BE 4}d, x-bred 4Jd; HP, BH 73d, CE 5?1; HGP, BE fid; RFG, A 6d, B 43d, C 4}d; AWW, BE fid, CE 5Jd; S under eyebrow, AH 63d, AE 53d; IMS, B s}d, x-bred 53d, pcs 5Sd: Peka Peka, BE sd; SB, A. 63d. B 5Jd, C SUI, A pcs sj<l, bls 4Jd, A cruts fid; I AM, A 5Jd, B s}d, Ist pcs 4fd; R over inverted eyebrow, AH 9}d, BE 7}d, CE fid; WB conjoined under eyebrow, A. 7Jd. B 4Jd, x-bred 43d; SB under eyebrow, A s}d, B sd, pcs ltd; HLW, B HJd; Waituua, AE fijd, BE s.}d, CE 5Jd; Waipunga, B sjd, C 4(d, x-bred 4Jd, 2nd pcs 31d; Mam, AE 53d; CA over bar. II 7}d, A 6Jd: Arohiwi, AH fijd, AE fijd, BE s<l. x-bred 43d, Ist pcs 44d; Evans, B s}<l, C 4Jd; Ben Lomond, nks 6}d, Ist pcs 516, bls 41d, 2nd lbs 51d, Ist cruts 4Jd; T'F, B s}d, C fid. pcs 4d; Roto, pcs. 43d; Kite brand, pcs 31(1; R.TF, AH Gid, A 5Jd. 1, Ist pcs sd, AAH 856. Down lbs fi3d; CH, 1-bred pcs 5(1; WB conjoined Dead under eyebrow, 34d.

Gisborne: Linburn, A 6J(I, B s}d. F 5Jd, A pcs 4Jd, bls 3}d. B lbs 4Jd: JWG, AH fijd, CH sid, A 63d, x-bred 53d, C 5Jd, Ist pcs 41d, bls 33d; Kaitangnta, AH 71d, BH fijd, AE fid, BE fid, bls 4d: Atea, BH 6}d, AE fijd, BW fid, BE fid. CE 51d, EE s}d, nks and pcs 53d, bls 4d; PWM, AH 63'1. BH 63d, CH 53d. A fi|d. B s}d, C 53d, Ist pcs 43d, bls 33'1, Ist cruts 31(1; )1(, AE 61(1, BE 53d, CE 51d, EE 53d, Ist pcs 43d; ES, A fild, B sd, nks sd; Enfield, AE fild. BE 536, x-bred 51d: Tnhunga. AH Sid, A 71(1, B fid. C 57<1 D 43(1. Ist pcs 41(1, bls 33d, 2nd lbs ■lid, nks (13d. Ist pcs 5(1. bls 31(1, Ist lbs Oil, 2ml lbs fid; Omoeroa, AH 63d. A (><l, B 53<1. C s{<l. D 41d, Ist pcs 41il. A lbs 63d, B lbs sd; Rear, AAH 7|'l. AAE fijd, AE 53d, A 53d. B 53d, 8E 43d, Ist pcs 4.3 d, Ist lbs 63(1; Ahimanu, bls 4d; Tahunga, Ist lh s I*td; Kairoa. AE fild, BE 53<1; GT, cruts, 4d.

Merino.— d. Nil. d. Nil. Corriedale.— Super not quoted Average not, quoted Inferior not quoted Southdown.— Super Nil Nil Average 91 to 101 Inferior 7$ to 9 Half-bred 56s. — Super — Average — Inferior — Half-bred 5O/56s. — Super «■' ■ Average 9 to 10 Inferior 7} to Extra fine X-bred 48/50s. — Super 8J to 91 Average 6| to 81 Inferior 5| to 61 Fine X-bred, 46/48’s Super 7 to 8 Average 5| to 63 Inferior 4J to 51 Med. X-bred, 44/46’s.-— Super 5J to 63 Average , .. 5 to Inferior 4 to 5 Cross-bred, 40/44's. — Super 51 to 61 Average .. 4J to 51 Inferior 31 to 41 Cross-bred, low, 36/40. — Super — Average 41 to 6 Inferior 31 to 41 Hoggets.— 50/56’s 81 to 91 50/54’s 71 to 91 48/50’s 6J to 91 46/48’s 51 to 71 Necks.— Super * 7 to 8 Average 51 to 61 Seedy and Inferior 41 to 5 Pieces. — Super . ... 5} to 61 Average 4 to 5 Seedy and Inferior 21 to 31 Bellies.— Super 41 to 5J Average ... 31 to 4 Seedy and Inferior 21 to 31 Crutchings.— Good to Super 5 to 6 Average 31 to 41 Low 21 to 31 Locks.— 2| to 31 Lambs 48/50's. — Good to Super 81 tp 10 Average, slight seed 61 to 8 Seedy and Inferior 4 to 5 Lan}fes, 46/50’s— Short, seedy, Inferior ... 2 to 31