WELLINGTON WOOL SALE.

Horowhenua Chronicle, 8 January 1931, Page 2

WELLINGTON WOOL SALE.

BRADFORD KEENLY INTERESTED PRICES ON PAR WITH DECEMBER LEVEL. Although a total catalogue of not exceeding 30,000 bales was allotted by the New Zealand Wool Committee to the second Wellington wool sale fixed for to-day, the total catalogue available yesterday was 19,000 bales, and this was reduced to about 18,000 bales when the wool actually came under the hammer this morning. Attendance of buyers from all markets was as large as usual, and on the surface it appeared that buyers were ravenous for wool and so they were — at a price, a price about on a par with the average of the last sales held here in December, and on some lines of wool slightly under that average. The quality and condition of the wool offering was generally disappointing, when comparison is made with the December catalogues. Very few Super Romney wools were available. The chairman of the Wellington , Woolbrokers ’ Association, while the sale was in progress, expressed the opinion that prices for the good wmols could bo quoted as in sellers’ favour, but low to medium topmaking wools sold at about a par with December rates. Competition was general and well spread, Bradford bidding freely and securing a good share of the wools on offer. Germany was quieter than at last sale, and French competition was far from pronounced. The catalogue showed a fair sprinkling of merinos and halfbreds, but speaking generally prices for those were slightly lower than those obtainable at the December sale. Buying for New Zealand manufacturers was rather restricted, and it would appear as if these consumers had secured sufficient wool for their immediate requirements. The chairman of the brokers also said: "It is pleasing to be able to report that Bradford is so keenly interested, as it seems as if this important section of the trade can lift a heavy quantity of wool at the present rates. The demand for good bellies and pieces can be described as sound, and there was no material quotable change in prices for these to-day, when compared with their values in December. The offering of lambs’ wool was rather limited, and it would appear that quantities of such wools as will be available for sale will be smaller than is usual.

There was a particularly strong demand for good crossbred 40’s to 44’s qualities, and orders for these wools were probably on account of United States spinners. Old wool, that is, of last season’s clip, did not figure in any considerable quantity in the catalogues submitted to-dav. It wa s learned from brokers generally that the wool is coming to hand very slowly, and it would appear as if a number of growers were holding back their wool in their own sheds in expectation that in the near future prices will improve on those current to-day. The results of to-day; ’s sale as is to be seen in the official range of prices hereunder does not support that theory.

Ltd., and Abraham & Williams, Ltd., in conjunction, report as follows on. the wool sale held to-day:— At to-day’s auction we offered a catalogue of 2470 bales, selling nearly 90 per cent, under the hammer. There was the usual attendance of buyers and keen competition throughout the sale. In fact, we have never seen a keenei demand, the pity being that buyers' limits were seriously restricted, and we regret there is no improvement to report in prices. For the better quah ties and line wools prices w r ere on a par with the December series and the same applies to Lincoln and crossbred. Ordinary medium wmols, on the other hand, were about £d per lb. cheaper. Bradford was more in evidence at this sale than in December, and the Continent was again keenly competing, America being in the market for super lots.

It is becoming increasingly obvious that the current season’s clips will bo below the average both in weight and in quality. A big proportion of the clips show signs of tenderness and of being badly grown. The following are some of the prices realised:—NEßANG: 3 S, Dm, 64d; 1 •?.-bred, 6*d; 5 A.H., sd; 20 A.E., 44d; 2 Xbred, 44d; 1 lambs, 44d; 8 pcs., 4d; 3 B. & P., 2Jd; 1 locks and pcs., ILL PI/P/HUIA: 1 S. Dm, 64d; 35 A.E., >id; 1 XB, 4}d; 8 8.E., 4d; 2 B. & P., 24 d. DV/L: 1 S.D, 64d. POPLAR: 2 Lbred, 6Jd; 1 erts., 24d'; I B. & P., 24d,* 1 B. &. P., 2|d; 1 locks and pcs., iVd. WHAKATANGI: 2 FXB, s|d; 10 A.. lambs, sd; 44 XE, 4|d; 7 XH, 4|d; 1 locks and pcs., 14d. B/ROPUROA: 3 FXB, s§d; 7 XBE, 4|d; 1 XB, 44d; 1 B. & P., 24d. MOORFIELD/IV: 1 FXB, sfd. BVM; 1 4-bred, ssd. WE: 5 XH, 54d; 4 Jambs, sld; 27 XE, 446.* 1 lambs, 44d; 38. &. P., 24d; 2 erts., 24 d. RHF/TPE: 20 XH, s*d; 2 B. & P., ARB: 6 lambs, 4fd; 33 XE, 4jrd; 1 dead, 4d; 6 erts,, 3]d; 1 jocks and pcs., 14d, HAUMAEIRE: II FXB, 5Jd; 5 XH, 5Jd; 13 Med. XB, 4|d; 1 FXB, 44d; 5 nks. & pcs., 4id; B. & P., 24d. AS/L: 1 FXB, s;}d. OETE: 7 XH, sd; 6 Line., 4|d: 6 AXB, 44d; 4W. & R., 4 : }d; 1 XB, 44d; 48. & P., 2d; 1 locks and pcs., 14d. LBS: 11 XH, sd; 1 XB, 4 J 4 d. WLG: 5 XH, sd. WAIRUA: 2 XB, 4ipl; 1 lambs, 44d; 25 XE, 4d. AJ/T: 5 XB, 4fd. TGV/L: 2 XB, 4£-d. MP: 33 XE, 44d; 2 B. & P., 24d WJF/UTIKU: 6 XH, 4|d; 3 lambs, 44 d; 21 XE, 4Jd; 1 B. & P., 2Jd. KEEWAYDIN: 17 XE, 44d; 4 XH, 44d; 1 erts., 24d; 28. & P., 2£d. WOODSTOCK/WHJ: 12 XE, 44d. HGS; 16 XE, 44d; 6 XH, 4*d; 5 XW, 4d. Jlv: 4 XH, 44d; 6 XE, 4d. CBM: 1 lambs, 44d; 8 XB, 3|d. ATI: 2 lambs, 44d; 1 cits., 24d. AJW/MAHOE: 19 XE, 44d. JW/W: 5 XB, 44d. RB/L: 1 XB, 44d. HL/W: 9 XB, 1 B. & P., 2£d. TE AEO: 0 XE, 4}d; 1 B. & P., i»ld. TME/L: 5 XH, 41d; 3 XE, 3Jd. DCM: 16 XE, 4id. EJM/H: 13 XE, 4Jd. WS/M: 6 H., E. & W., 4Jd. AB; 4 XB. 4id. BO: 4 XH, 4Jd. BK: 2 XB, 4id. JL/A: 1 XB, 4|d, TS: 1 XB, 4id. GB: 1 XB, 4Jd. AIRLIE: 1 XB, 4Jd. NAMANUI: 26 XE, 4d; 6 DE, 3fd; 3 B. 6 P., 2id; 4 erts., Id. CLL; 8 XE, 4d; 2 B. & P., 2id. ABB/M: 8 XB, 4d. BO; 5 XB, 4d. ZY/K: 8 XB, 3R PINES; 2 erts., 24d. CHALLENGE: A S Dm, Bid; AFXB, 7d; A, 4-bred, 6d; A Med. XB, 5Jd; A XB, sd; BFXB, sd: Line., sd; B XB, 44d; B Med. XB, 44d: XB, 4id; erts., 3d; 3 A. bis., 2fd; B. P., 2}d . ’

LOAN AND MERCANTILE The New Zealand Loan and Mercantile, Wellington, report the second wool sale of the season was held to-day when the combined brokers submitted catalogues approximating 19,000 bales. There was a full and representative bench of buyers and competition was keen. Bradford secured the major portion of the offering but Continental representatives were not so much in evidence as at former sales. American representatives wmre very active for wool suitable for their requirements. The market can be quoted par to a farthing easier for ordinary topmaking wools but super can be quoted one penny dearer. Merinos were not in good demand and lower prices had to bo accepted. Halfbreds were practically unchanged while bellies, pieces and oddments sold at slightly higher prices.

DALGETY AND CO. Messrs. Dalgety and Co., Ltd., report: At the sale to-day we. offered 3000 bales and sold 95 per cent. As, compared with the Wellington December sale, good crossbreds were linn, at times in sellers’ favour, and medium top-maK ing sorts at par. The quality and condition of the offering was medium, very few super wools being catalogued. Growers generally were meeting the market. Good clearances were made. Bradford were the principal buyers and German competition was not so pronounced as in December. France is buying sparingly, America taking the majority of the super wools offered. There was a good demand for coarse crossbreds of 3(5-44 quality. These at times sold better than 48-50’s. The following are some of the prices realised for wool offered from this district: Nockmor, 8 bales E 5d., 0 bales H 53d.; OW/PN, 8 bales E 43d.; EAH/PN, 4 bales crossbred 53d.; Muteroa, 20 bales AE 5d.; Korirata, .13 bales W 4£d., 44 bales E 43d., 23 bales H 43d., 7 bales lambs 53d., 6 bales,crutchings 23d.; PR/H, 6 bales E 53d.; C. and Co., 19 bales E 53d.; JD/R, 19 bales E 4Jd., 4 bales crossbred 33d.; AH/PN, 29 bales E and W 43d., 4 bales H 43d.; WMR, 12 bales E 43d.; WP/fl, 33 bales E 5d.; RM/Waitui, 5 bales H 4fd.; JR/H, 5 bales H 43d.; FG/S, 14 bales Rom. 43d.; Kawhatau. 4 bales W 33d., 25 bales E 33d., 9 bales H 43d.; Hama, 31 bales H £3d.; ML, 6 Rom.' fleeces 53d.; Muteroa, 8 bales AE 5d., 18 bales BE 43d.; 10 bales CE 43d., 4 bales AH 53d., 7 bales BH 53d., 4 bales .CH 43d., 12 bales pieces 43d., 5 bales bellies 23d.; B-diamond-B, 22 bales E 4d., 4 bales iambs 43d,; JW/F, 19 bales W 41d., 0 bales E 43d.; MCD/B. 15 bales E' 43d.; MK/M, 9 bales \V and E 43d., 17 bales E 43d.; MAC, 14 bales E 4d.; S/CAM, 4 bales H 5d.; Arivorc, 4 bales lambs 43d.; Lea/Linton. 9 bales E 4-Jd.; Nairn, 5 bales E 5d.; HK/K, 5 bales E and W 43d., 17 bales E 43d., 14 bales H 43d., 4 bales lambs 4|d.; G 3, 6 bales E and W 4d., G bales E 43d.; Eceleston, 31 bales E 43d.; Hama, 23 bales E 4d.;

Arata, 10 bales H s*d.; FJSS, 14 bales E 5d.. 0 bales H 4Jd., 3 bales iambs Old.; ARH, 16 bales AE E 4td.; HBD/Glenwarlock, 20 bales E and W 44c1., 8 bales H 5Jd.; PUB, U bales E 5d.; C2 under bar ? 5 bales crossbred G3, 4 bales crossbred 3Jd.

RANGE OF PRICES. The official range of prices was as follows: — 7th. Dec. 8th. Tan, d. d. d. d. Merino 64/70, 60/64 — 94 Super . .. 9 to 10 84 to Average .. 6 to, 84 6 to 8 Inferior . , 44 to 54 5 to 54 Fine Halfbred 56/58 — 84 Super .... 8 to 84 8 to Average .. 6 to 74 5 to 7 . Inferior .. 44 to 54 44 to 5 Medium Halfbred 50/56 — Super .... — 54 — Average .. 6 to 74 to 74 Inferior .. 4 to 54 4 to 5 Conicdale — 64 Average .. — 54 to Inferior .. — 4 to 5 Extra Fine Crossred 48/50 — 71 Super .... 64 to 74 64 to Average .. 5 to 64 5 to 64 Inferior . . 4 to 4| 34 to 44 Fine Crossbred 46/48 — Super .... 64 to 74 64 to 8 Average .. 4'4 to 64 Inferior .. 34 to 44 44 3 to to 6 44 Medium Crossbred 44/46 — 74 Super .... 6 to 74 64 to Average .. 44 to 54 4 to 6 Inferior . . 3 to 4 24 to 34 Coarse Crossbred 40/44 — 74 Super .... 54 to 64 6 to Average .. 44 to 54 4 to 54 Inferior .. 24 to 4 24 to 34 Low Crossbred 36/40 — Super .... 5 to 54 — 44 Average .. 34 to 44 •>4 to Inferior . . 24 to 3 24 to 3 Hoggets 48/50 — 54 to 74 54 to 7 Fine 46/48 54 to i 5 to 7 Med. 44/46 4 to 6 4 to 6 Coarse 40/44 _44 44 Lambs — Down 50/56 6 to 64 — Fine .. .. 44 to 6| 4 to 64 Med. 40/44 — —

Seedy and inferior (all 34 grades) . 2 to Bellies and Pieces — Merino — Good to 4 14 to super Low to 3 to 5 4 to 5| medium Half bred — Good to 2J to H super Low to 34 to 54 34 to 54 medium Crossbred — Good to 2 to 3 2 to 3 super Low to 3 to 54 3 to 5 medium Crutchings— Medium to 14 to 3 14 to 3 good Inferior and 3 to 4i 23 to 34 seedy Locks — 1 to 24 1 to 24 Merino . .. Halfbrcd . . to 3 Crossbred . 1 to 2 1 to 2 WRIGHT, STEPHENSON LTD. & CO., Messrs. Wright, Stephenson & Co.,