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WOOL SALES.

BROKERS' VIEWS OF THeT ! MARKET. - ■ >;• ! (I'Jy Telegraph—Special to Star.) . WELLINGTON, July 5. I There is a bright tone about tue in— ; dividual reports on to-day's ,wool sales- ; and it is interesting to note the vari- ~, ; ous views on the somewhat puzzlinjr | aspects of the market. The Wairarapn | farmers' Co-operative Association suT> l mitted 900 bales and reports: "We had!no good lambs to offer, which were nt good demand, there being the usual attendance of buyers and considerable competition compared with the last safe held on May 26. . Prices for medium., cro-shreds were higher by Jd to JA per 10. Any fair lines o? crossbreds vFPtS^ 1!* saleable at an advance on B A.WR.A reserves. We had a goodsale and sold the bulk of our catalogues ' *or J.H.B. over Tiraora halfbreds 6*d ' was returned." "Keen up to a certa^a point" reported Wright, Stephenson an« j-o on competition shown. They added that American competition was absent and wool suitable for this market m consequence, showed a decline but wool suitable for Bradford and the Continent brought keen com- - petition and was sold in most cases on. a par with last sale, though the prices realised were inclined to be irregular Any hogget wool showing a good length. - was keenly sought after. "We had only a small quantity of Merino offering but it was well sought after, being taken fe-, local mills aflOfd per lb. We had nb good hues in lambs' wool offering and any lines of second or seedy lambs were in very poor demand, there being practically no competition whatever for tnein. Bellies and pieces sold well andi> were mostly taken by local fellmongers As mast of our clients had decided to- ' meet the market we have to advise a clearance of 93 per cent, of the catalogue at auction. - Levin and Co., who offered 2300 bales also reported that growers were pre6w*d meet the Wxxtion, subject t* BA.W.R.A. reserves, while buyers, on the other hand, knowing that wool wa* up tor actual sale, did their best to ; oDCajn orders and bid for every lot suitable for their requirements. As aresult there was more general competi- ' tion and prices were more regular thaa ' earlier m . the season. Our catalogue vvas an average one, comprised largely ot medium to coarse crossbreds. Parceia or iine Romney were few - and far between. Bidding all round was good and we cleared under "the hammer 91 per cent, of our catalogue. Lines which were coarse and seedy lambs, low bel ies, and pieces containing seed! ■ Jfor-haltbred the demand was scarceiv as strong as at the sale on May 26 and prices were *d easier, but this-may-be. due to want of superior parcels to elicit full competition. For superior cross-SSS-'rK 516 WUf UO- aPParent.American competition and prices receded id to M and iound the Bradford level FiS crossbred v^ also *d ea^er. 'On the other haaa^gAum cro ß sbred S advanced id and coarse crossbreds and met with a good demand, apparently from the Continent Interior and seedy S? S* G?° d lambs WOOI was wanted at good rates, and-medium lambs' sold tn J } I i Crufcc| wnEB ranged from Id *?• 7Seedy crutchings we re valueless Abraham and Williams, Ltd offered about"MO *» thGir QUOta and AiSdrfu table 7.TT tit** and woolt mmm§

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https://paperspast.natlib.govt.nz/newspapers/HNS19210705.2.34.2

Bibliographic details

Hawera & Normanby Star, Volume XLI, Issue XLI, 5 July 1921, Page 5

Word Count
548

WOOL SALES. Hawera & Normanby Star, Volume XLI, Issue XLI, 5 July 1921, Page 5

WOOL SALES. Hawera & Normanby Star, Volume XLI, Issue XLI, 5 July 1921, Page 5