GOOD DISPOSAL at Napier Wool Sale

Hawke's Bay Tribune, Volume XXVI, Issue 101, 9 April 1936, Page 8

GOOD DISPOSAL at Napier Wool Sale

DEMAND UNABATED Prices Ease Slightly for Some Classes GROWERS MEET MARKET Last night's sale in Napier rung down the curtain on the 1936 wool-selling season for the Dominion. Although it was really a wash-up sale, considerable interest was taken in the offering, which was submitted to a fully representative bench of buyers.

Compared with the March sale, there was very little change in the market for lots showing quality. Competition was particularly animated throughout, and from the outset all sections of the trade showed that they were in the market.

The bidding at times was erratic, and some lines failed to reach last sale’s values, while others were exceeded, in cases by over a penny. The offering included a few bright early-shown lots, which were not available for the earlier sales owing to difficulty. in transport. Coarse crossbred of 44/46 quality constituted the bulk of the offering, which met with a very keen demand, and where clean and of good style, was firm on the March offering. Southdown lots appeared to be the most neglected, and values eased by fully a penny. Lambs’ wool, which generally was discoloured, was, except for a few odds easier to the extent of at least a penny. All shabby lots, whether coarse or line, were easier. Bradford was the strongest competitor, while Japan operated freely to extend the competition for numerous sorts. The Continent was very keen for all’pieces, necks, bellies and carding sorts. The offering of 11,600 bales was got through in just over two hours, and when it was over one broker remarked that it was a wonderful end to the season, with the operators to the last buying as solidly as ever. The growers met the market well, with the result that fully 95 per cent, of the offering was disposed of under the hammer. Compared with the March offering 54/56’s hoggets were firm, making to I.3Jd while 48/50’s hoggets of good length appreciated by a halfpenny. Halfbred Corriedale of 54/56’s quality showed no change. Fine 52’s quality carding sorts made up to 133 d., while the same quality, much deeper grown, made 9Jd., the same as realised at last sale. The top price for the sale was 14d., for a line of 11 bales of halfbred B. Necks generally were affected with grass seed to make up to 9d. Pieces were of average quality to make up to 8d Lincoln cross sorts sold well, but bellies, which generally were dingy, showing condition and weathei stain, were easier. Included in the offering were a number of raked up rubbishy lots smothered in seed, which made from 2d. to 3d.

RANGE OF PRICES

BROKERS’ REPORTS

DE PELICHET, McLEOD AND CO. De Pelichet, McLeod and Co. Ltd. report having held their fifth wool sale of the season yesterday, when they submitted a small catalogue of 880 bales, of which .187 were from Gisborne. There was the usual full bench of buyers and competition was animated up to limits. Prices showed little variation for all wools as compared with the previous sale in March. We give a list of brands and prices realised.—Punawaitai/ECN, 4 AE IOJd, 6 BE fid, 14 BE fid, M . CE

BJd, 5 DBE 81; HH/llimuroa, 6 AAE 10jd, 12 AE 9fd, 14 BE 9d, 20 CE BJd, 18 DE BJd; CBH, 4 A 91d, -1 B Bd, 4 Ist pcs 7d; IT, 5 AH 9fd, 5 BH 9d, 9 A Sid, 13 B BJd, 7 CE Bd, 4 nks Bfd; JS, 6 AE Did, 11 BE BJd, 5 CE Bfd; Z through Z, 32 BE 9d, 8 CE 8d; Tematai, 16 AE fid; Tenakoe, 6 B 9d, 9 BE B}d, 4 C 7Jd, 5 S bels. 4Jd; Tau, 7 AM fid; Glenbrae, 13 AE BJd; Oueroa, 12 BH BJd, 5 DH Bfd, 18 A 83d; Hue, 5 B BJd; WMK/Hilton, 9 A BJd; Tangihau, 10 AAE Bsd; Kura, 4 B 84d, 4 C Bid; RPW, 5 A 8-ld, 9 B 8d; Marae/ Downs, 15 CE 8Id; Kapiti, 38 B 81d; Orapa, 17 A Sid; Teawa, 24 B 81d; ASW, 14 AA Bid, 12 A Bfd; CK, 4 BE Sid; PH in block, 5 CH Bid; WGE, 9 A fid; T bar M, 22 AE Bid; JH, 13 AE Bid; JE, 4 AE BJd; CP conj., .10 C BJd; Bullock Head, 8 BE B}d; HE conj., 19 AE Bfd; Ngakoroa, 15 A BJd; KF, 4 BE BJd; Royshill, 5 BE Bjd; Karetu, 9 BE 8d; Tiki, 5 C S.jd, -1 Ist pcs. 6d, 4 bels. 6fd. H.B. FARMERS’ CO-OP. The fifth and final wool sale of the season was held iu Napier last evening, w hen there was presented a total offering of 11,7.88 bales. This represents a genuine clearing up of slocks, and may safely be said to leave Hawke’s Bay comparatively bare of wool to carry forward. Our catalogue totalled 1930 bales, 1176 bales being of binned wools, aud the remainder made up mostly of arrivals which had come forward too late to be included in the March sale. For such a small offering there was excellent competition, and taking into account its generally heavier condition and less attractive appearance, we make prices realised from par to halfpenny below those of last sale.

There was a full and representative bench of buyers. Bradford was again the most prominent bidder. France and Germany both competing freely for their specialities with Japan materially extending the competition, the Dominion and Australian mills bidding eagerly for their requirements. " Altogether the final sale must be considered to bo a quite satisfactory dose to one of the most even running seasons, so far as prices are concerned, that we have- experienced since the days of the commandeer, there having been remarkably little variation in values throughout the season, more especially on the types of prossbred wools that form the bulk of Hawke’s Bay production. Competition was free and keen throughout and we sold 91 per cent, of our catalogue under the hammer,

Among our leading prices we quote the following:—N/- (L. J. Jbbetson) AA lambs lOd. Hynish (Est. late Arch. Maclean) A 9Jd. Tewharo (L. R. Averill) A fid. F and CS (D. T. Severinsen) cross bred fid. BHN (B. H. Norman) Rom. cross E BJd. -/WC (Est. late W. Culling) B S3d. Otau (I. 11. Curlett) B 9d. Weber (Mrs E. Hales) HA 9J. AD (Allan D. Milne) H fid. DM/ Woodside (McLeod Bros.) HA 91d. TeTohe (M. Davidson) lambs llld. Flemington (W. D. Fleming) EA Bgd. Cross/MJJ/M (Est. M. J. Joblin) H 101 d. JO (J. D. Ormond) EC 83d. CRZ (G? D. Todd) A 9d. TF. (Mrs E. C. mond) seedy bells Old. HBF/Coop in Block:—Various clips classed and pooled: half bred HA llld, half bred H lOfd, fine HA Hr, HB 9Jd, three-quarter bred HA fid, half bred A 13id, half bred B 13id, half bred C 123, 4-bred D 9Jd, fine BB 133 d, 13Jd, fine 93d fins B 91d, fine C 9Jd, 9Jd, three-quarter bred BB BJd, three-quarter bred BB carding 9d, Lin XA 83d. fine 946, half bred 134 d, three-quarter bred 9d, fine BK fid, "lambs A 103 d, lambs AA 104 d, lambs cross A 83d, lambs fine A HidVarious:—lnterlots, lambs BJd, threequarter bred A fild, AF fid, half bred Hid. MURRAY, ROBERTS and CO. Murray, Roberts and Co., Ltd., report holding their fifth and final wool sale when the full buying bench was in attendance. Our catalogue consisted of average w p ools only, with perhaps just a few lots of stylish sorts. Competition was brisk and well spread, all sections operating, as a result of which we cleared 97 per cent, under the hammer. Included iu our offering were 1050 bales of pooled wools, which met with keen competition at prices just about on a par with the previous bin wools submitted by us. This sale concludes what must be termed a very satisfactory selling season. Opening firm in December the market has continued as such right through the season, with very little variation in prices. So far as quantity is concerned, it has probably been the heaviest season on record, and the demand never seemed to slacken; as a consequence there has been a clean-up of practically all the wool available, thus supplying the means of a fresh start next season. Some of our prices were: Bin wools: A Southdown 12Jd, B Southdown lid, halfbred 12fd, A hoggets lOd, A crossbred Bsd, Lincoln Bfd, necks Bd, first pieces 7}d, first bellies 7d, first dead BJd. Poporangi, AAH IOJd, AAE lid, AH BJd, AW fid. Hull A B}d. TET over M, E 84d. To Reinga, AE 83d. JHH over Glenbank, Southdown lid. P, AE BJd. WF, cotd., 7Jd. DW, BH BJd, BE Bd. AEB, A B}d. ECT, E Bd. H in circle, A Bd. TB over T, AE fid, BE Bd. BP conjd., C 7sd. M in a block, E BJd. Tewaka, AH, 7}d, A B}d. DW hogge, fid, Bar B over Glencoss, halfbred IOJd. Tengaru, lambs lljd. P, Southdown lOld, Tehoe, A halfbred 12Jd, A crossbred Bd. DALGETY AND CO., LTD. Dalgety & Co. Ltd., report: The fifth and final sale of the season was held last night when catalogues totalling 11,600 bales were submitted to a representative bench. Our catalogue comprised 2382 bales, and 97 per cent was sold under the hammer. This sale was in the nature of a “clean up,’’ and the selection consequently was a mixed one. The demand was again keen, all sections of the trade operating, with Bradford taking the bulk of the offering. As compared with the March sale, medium and coarse crossbreds were unchanged and sold at satisfactory prices. Long hoggets were slightly dearer, obviously due to the fact that buyers were anxious to fill orders before the close of the season. Southdown was somewhat easier, but to offset this cots, of which there were fairly heavy offerings, sold exceptionally well. Cruteliings were keenly sought after, good lots making up to Bld. Laubs were erratic, probably due to the fact that larger quantities have been offered this season, and no doubt orders have already been filled. Included in our catalogue were

wools which sold at satisfactory prices, some of the realisations being particularly good. This sale has brought to a close a satisfactory season and growers are to be congratulated on the way they have met the market. We have effected an excellent clearance this season, our sales totalling over 21,500 bales, while the carry-over is under 50 bales, which will no doubt be quitted in a day or two. The total offering for New Zealand this season is a record one, being 'in excess of 720,000 The following are a few' of the prices obtained: —D/Rivhrrock, BH Bfd, BE B|d, CE Bd, Ist pcs 7fd. Cricklewood, ADE Bd. T over V, Ist lambs 9Jd. HRO, H pcs 7id, crts Bd. HP, BE Bd. Pakihi, B BJd. Pahi, BE BJd. Hurakia, B BJd. Matapuru, B B}d. SI, AH SD JOJd. Te Motu, AAH 9Jd. DHE, Dwn H and E llfd. Te Puna, DAH 9d. Rimuhau, AH lid, BHBjd. Glenross, AH 9Jd, AE 9d, BE Bid. Interlotted and binned wools: Fine crossbred IOJd to 13 Jd, med. crossbred 8d to 9|d, Lincoln cross B|d to SJd, crossbred 7Jd to 81, cots 74d to Bd, pieces 6}d to 7}d, bellies sfd to o|d, erutchings 6|d to BJd, Southdown 9fd to 12Jd, necks 7Jd to BJd, fine hoggets 9Jd to lOd, hoggets Bfd to 9d, lambs Bfd to lid. WILLIAMS AND KETTLE. Williams a,id Kettle, Ltd., report.— We held our fifth and last sale of the wool season last night, when out Of a total of 11,612 bales our quota was 3145 bales. The offering consisted mostly of late shorn wools, with a small number of lots which had been passed in at earlier sales. The condition of the wool was what is usually expected late in the season, in that it was fairly heavy in condition, and there was the usual amount of seed in evidence. There -were no super lots in our catalogue, and the offering was mostly suitable for Bradford topmaking and Continental sorts.

There was a full bench of buyers, and competition was animated and well spread. Prices obtained for good wools were par with last sale’s rate, but lambs’ wool was considerably lower, likewise all shabby wools. Crutchings, pieces, and bellies were par to threefarthings down. We had a very good clearance and sold 97 per cent, under the hammer.

We quote the following prices out of our catalogue:—M. Hyland, Rauawa, B Bjcl. M. Hyland, NCH, H BJd, B BJd. O. W. Johansen, A B|d. W. J. Gimblett, B Bd. Olrig Station, A lambs lOd, B lambs Bd. J. C. Kennedy, AA Bjd, A BJd. C. Athol Williams, AE B}d. Est. G. Speedy, Ist pcs 7}d. G. J. J. Buchanan, AA Bsd. S. K. Williams, nks Bfd, A pcs 7Jd. B. G. Ross, E Bfd. E. C. Commissioner, Wairere, AAH 11-Jd, AH IOJd, BH BJd, A 9d, BE BJd, Ist lambs lid, 2nd lambs SJd, necks IOJd, H Ist pcs 7Jd, Ist pcs lid, H bls 7d, bls 6Jd. R. Pattison, AE 81d, BE Bd. E. C. Commissioner, Tane, AH Bd, DTI Bd, neks Bd, All pcs 7Jd, A pcs 7ld. East C. Commiss, Kopua, AE 9d, SE Bd. H. Stephenson, AE BJd, BE B}d. Butler Bros, II nks Bd. T. and R. Somerville, H BJd, E 8-ld. S. and J. Black, BH BJd, A Bfd, B’ lambs B}d. E. C. Commissioner, P-jku, AA 9J, AH BJd, AE 81d, B 8-Jd, Ist Imbs lOd, nks SJG, Ist pcs 7d. S. E. McNutt, BH BJd, AE Sid, BE Bd, CE 7jd, C Bd, B pcs CJd, locks sjd. John Tait, XH 9sd. E. W. Magee, AH B}d, A Bjd, B 7sd, A cots 7Jd, Ist pcs 6Jd, 2nd pcs 5Jd. T. Simcox, nks 6d, pcs 6jd. J. R. Thompson, pcs cl, bls 6}d, erths Bd. R. Holt and Sons, Be 7ld, cots 7Jd. Bassett Bros, AE Bd. Est. J. Hunter Brown, Ist Imbs lOd. F. W. Burling, crossbred Bd. W. T. Waldman, E 7jd. E. W. P. Cole, BE BJd. G. Burkin, E 84d. E. C. Commissioner, ECC over P, BE Bd. L. Glenny, crossbred 7jd. A. Symes, erths 6|d. Waipari Station, C BJd, F BJd. R. Meredith, AE BJd, BE Bjd, CE Bd. A. Symes, Ist lambs 9d. A. J. Inglis, AE 8-Jd, BE BJd, C 7|d, Line. E Bd. E. C. Commissioner, Tahu, AE 9d. A. J. Parker, A 82<1, B BJd, pcs 6Jd. J. S. Dunn, AE Bd, BE 7|d. A. J. Inglis, crossbred B|d. E. C. Commissioner, IwiMi, AE 8?d, BE BJd, CE 7Jd, A pcs 6Jd. Mrs B. Fleming, A B}d. E. C. Commissioner, Paroa, A 9}d, B Bfd, C SJd, D Bd, A pcs 7jd, bls 6Jd. E. C. Commissioner, Tane, crossbred 6Jd. M. Hyland, Rauawa, H 9Jd. Mrs S. J. Standidge, A 9d, B B}d, Ist pcs 6}d. J. S. Dunn, II 7jd. G. Priest, coarse E B}d, Line. E Sd, mats Sd, Ist pcs 7Jd, 2nd pcs 5Jd, bls 6d. Classed and pooled by Williams and Kettle, Ltd.—A Southdown lid, B Southdown 9Jd, B halfbred 14d, C 9}d, CH 9d, three-quarter-bred BJd, crossbred BJd, A cots Bd, cots 7Jd, B dead Rd, Southdown bls and pcs 7Jd, bls 5Jd, A pcs 7d, B pcs fiJd, A nks BJd, black 7LI. A bls 7d, locks 4Jd, A lambs 10d, B lambs 9d, A erths BJd, lambs erths 6?d. crossbred Bd, H lOd. Interlotted: Crossbred 81d, H B}d, lambs lOd, bls 6|d. pcs 7Jd, necks B}d, locks 4Jd, erths BJd. N.Z. LOAN AND MERCANTILE. The New Zealand Loan and Mercantile Agency Company, Limited, report as follows: —The fifth and final wool sale for the current season was held last night in the Drill Hall, Coote road, Napier, when a total catalogue of approximately 11,553 bales were submitted, of which our quota was 1652 bales. There was a full and representative Tenth of buyers, who competed very keenly and at timet excitedly, right from the first lot to the close of the last catalogue, and competition was general and well spread, all countries being in the market. Comparing prices with those ruling at recent auctions, these can be quoted from par to “in sellers’ favour,’’ but comparing them with the previous sale at this centre they can be quoted from par to “in buyers’ favour. 1 ' For a final and clearing-up sale, the wool opened up in very good condition and this was reflected in the keen and animated bidding. Yesterday’s sale brought to a close the wool-selling season for 1935-36, and it was with great pleasure that growers have been able to dispose of their clips at an enhanced value. From the commencement of the season in November, prices have remained very steady, there being only very slight fluctuations. We think that this season, as far as the number of bales sold is concerned, constitutes a record for Nev; Zealand, this being accounted for by the very largo carry-over of wool last year. Now that most of this has been disposed of, the forthcoming season will not have the largo quantity of held-over wool, consequently the season will commence with practically a clean board, and growers can look forward with confidence to the future. Following are some of the prices realised:— Hawke's Bay—FAT over T, A 7|d,

Waipunga, BE Bsd, crossbred Bd, pcs 6id. SW, H 7Jd, E BJd. E and S sidewards, AE Sid. M, AE 7Jd, B 7Jd. H and C, AH 9d, AE 9d. EG, AE BJd. AB, crossbred Bd. TK, AE BJd. JJW over M/Ruhamah, E Bd, Patunamu, AE BJd, BE BJd, CE 7Jd, crossbred 7jd, pcs 6Jd. Lime Terrace, AH BJd, BH Bid. Mangatutu, A BJd, B Bid, BB Bd, C 7sd, 8 nks 6}d, first pcs 6}d. WD over N, crossbred B}d, bls and pcs 6Jd. WB conjoined under eyebrow, A B}d, B Bd, crossbred 7£d. Gisborne: Omoeroa, AH, lljd, BH 9Jd, DH 9id, AE 9Jd, BE BJd, CE B}d, DE Bd, A pcs 7i, bls GJd, lbs 6Jd. Kaitangata, AH 9d, BH Bjd, AE 8-Jd, BE Bid, Ist pcs 7d, A lbs lid. GT, BE Bjd, ME Bd. Woodlands, BE Bd. E.TM over bar, BH Bd, BE Bd, Ist pcs 6}d. MD, AE BJd. NFSB over Spade, BE B}d, CE 7Jd. FSB over Spade, CH BJd. FSB over Spade and NFSB over Spade, AE BJd. FSB over Spade, BE SJd, CE Bd, nks Bid. FSB over Spade and NFSB over Spade, Ist pcs 6Jd. FSB over Spade, seedy pcs 6}d. FSB over Spade and NFSB over Spade, bls 6Jd. FSB over Spade, B lbs 9d. Marunga, A lbs lOd. Mako, 2nd pcs s|d, Iks sd. Wairere, AH SJd, BH Bd, AE S]d, BE SJd, cots 7jd, A pcs 6Jd, bls 6d, B pcs 6d. JDB over Poariki, AH lOjd, BH 9d, AE 9d, BE BJd, CE Bd, nks Bd, A pcs 6Jd, bls 6d,. M and W, pcs, 6d. MP A Bid, B B}d, C Bd, A tdr BJd, A pcs 6Jd. Kanui, nsk 6d.

Following is the official range of prices: — Southdown. — d Cl Good to super .. 114 to 12J Average .. OJ to 11 Inferior ... to 9 Extra 1'ine Crossbred, 50/56’sSuper to — Average .. 12i to Inferior Fine Crossbred, 48/50's ... 01 to 10 J to Average to s>i Inferior ... 7J to 81 46/48's.— Super to —— Average ... 8 to 81 Inferior ... 7 to 7-1 44/46's.— ... 81 to Si Inferior ... 61 to < 4 40/44's. — Average ... 8 to 84 ... 61 to 7-1 Crossbred, 36/40’s. — Average ... 8 to 84 Inferior 6} to 7i Hoggets.— 50/56’s ... Hi to 131 48/50’s ... 8J to 10 46/48's ... 81 to Bi Necks. — Good to super 9 to 101 Low to medium . • • ... 6 to 8 Pieces. —Good to super ... 7 to 71 Low to medium ... 5J to 64 Bellies.— , Good to super ... 6 to 7 Low to medium ... 41 to Ji Lambs.— to 114 Average ... 9 to 10 Inferior and seedy . ... 5 to 7 Crutchings.— Good ... 8 to 8i Average to 71 Inferior and seedy . ... 31 to D Locks.— i'i to '"’4