WOOL MARKET

Manawatu Standard, Volume LII, Issue 69, 20 February 1932, Page 4

WOOL MARKET

SECOND WANGANUI SALE. POOR SORTS NEGLECTED. Per Press Association. WANGANUI, Feb, 19, The bulk of the offering at to-night’s wool sale at Wanganui, the second of the season in this centre, comprised wools of low quality of 44 and 46 counts'. A full bench of buyers operated. but stylish first-grade wools, which were anything but prominent in the catalogue, were the only sorts than can be quoted firm on late sales. Inferior classes were neglected. There was a great deal of seedy and inferior yjool offered, and this snowed a drop ot Jd on the last Wanganui sale. Low crossbred was down |d to Id, and any low' wools touched with seed were, neglected at prices raging from 3d to 3Jd^ Good crossbred wool brought from 4d to 4Jd. V Crutchings found a poor sale. Bellies and pieces were &t par to Jd down compared with the January market here. There was a fair demand for lambs’ wool of good staple, but dingy . lots were Jd Tower. A review of the sale generally discloses that the quality of the wool was not of a standard to command respect under the'present conditions. . Buyers, particularly Bradford, operated on limits and filled their requirements from slips which showed quality. The Continent took the major share of the wool sold, Bradford in the earlier part of the sale at least, showing more hesitation than usual. Japan was in the market to some extent, and probably gave a fillip to the competition for some of the coaser clips and crutchings. BROKERS’ REPORTS. .. DALGETY AND CO., LTD. At the sale 20,500 bales were offered and 70 per cent, sold, report Dalgety and Com-' pany. Our offering was 1850 bales, of which 1650 were sold. The selection generally was poor, mostly shabby unskirted crossbreds, and seed was much in evidence. Bradford waa the largest buyer, Germany and France also operating. As compared with the Wellington sale, shabby crossed* were IJd lower, good style wools firm, lambs’ wool Jd dearer, bellies and pieces no change. Wools of 50 quality and above were keenly competed fbr. The following axe some of the prices realised for wool from this district: PB/O, 8 boles crossbred, 3Jd; JAJ/M, 10 H. fid, 29 E. 4 '3-4d, 5 lambs 7d, 4 Pieces 4Jd: Rawhiti, 11 E. 3 3-4 d; Whareroa, 4 A.H. 4Jd, 9 crutchings ljd, HMG. fi bellies 3d: PH/O, 7H. 4Jd, 16 E 4d; B/WR, 6 A.E. 4d; MC/H, 28 A.E. 4Jd; TJ, 14 E. 4d; 88, SE. 4d; XX/O, 7 orossbred 3Jd; R/Maunga, 16 F. crossbred, 5 3-4 d, 10 crossbred A, sd, 4 crossbred 3Jd, 7 bellies 3d; PLACO, 20 halfbred E. 5Jd, 20 B.E. 4 3-4 d 4 bellies 3Jd, 4 B. pieces ljd; PL CO/TEAWA, 40 E 3 3-4 d; JF, 25 H. 4 3-4 d, 40 E. 4Jd, 24 crossbred 3Jd. 11 bellies'2d, 6 lambs 41d; JK&S, 8 orossbred, 3d; JMM/O, 4 H. 4. FARMERS’ CO-OP. DISTRIBUTING * COMPANY. The New Zealand Farmers’ Co-op. Distributing Co., Ltd., report as follows:: We submitted a catalogue of 2450 balen to a full and representative bcwich of buyers. There was a keen demand for all clips classed by the company and the prices obtained for this wool amply repaid the growers for putting their wool up in a proper manner. We quote fine wools 48’s and upwards firm on our last sate. Medium and coarse wools, Jd to id lower, bellies ■ and pieces, Jd lower. Lambs’ wool free of eeod met with keen competition and sold up to late rates. We sold the well-known Otamoa clip; the AA hogget wool realised BJd and the AA 7Jd. Mr L. Elliot obtained 7id for his A hogget wool, which elicited keen competition. The following are some of our realisations:—TTT, E 3|d; RC, E 3Jd; WJT/TE, E 5Jd; Kowhai, H 6d, E 43d; HRO, E 4d; J. M. Abel, E 4Jd; WDIU, H 6Jd; 54/S, E 4Jd; FM, HAA '7d, HA.SJd, EAA, 6Jd, EA 5Jd, EB 4id, lambs 6|d; Te Ruke, H 4d, crossbred 4d; GOC, EA 6d, EB 32d, crossbred 3Jd; HDZ, H 5Jd, E 4Jd; RG/B, E 4Jd; HCT, E 4Jd; Rings, Corriedale XH BJd, Rom. H 6Jd, Corri. XW 72d, Corr. E 7Jd, Rom. E 5Jd, bales and pieces 3Jd, lambs A 7Jd; EG/N, E 4Jd; GEA/N.Z., E 41d; JB/Teanui, lambs A 6Jd; JG in diamond, H 5Jd, E 4d; Ohutu, H 4Jd, E 4Jd, bellies 2Jd, lambs 6Jdj DW/D, lambs 6jd; Cavie G, HA sd; N/OHO, HA 7Jd, HB 4Jd, EA sid, EB 4d; RLH, EA sd, EB 4Jd; WFE, H 5Jd, lambs 6Jd; A/Hiwi, H sjd; lambs 7d; GLM/Hessett, EAA 6d, EA 4Jd, EB 4d; OKO, HA 7Jd, HB 5Jd, EA 42d, EB 4d; Hoop, HA 72d, HB 5Jd, EA 6JcfEB 5Jd, crossbred 4Jd; E over bar, H 6d, E 4Jd; MT-RN, lambs 5Jd, D 7, HA 53d; Otamoa, HAA, BJd, HA 5Jd, NA 7Jd, A 6Jd; C/Dalry, EAA 3-H 7d; W.McK., HA 6Jd, AA 6Jd, A 4Jd; Blairathol, fine HA 7jd, HB 5Jd, EA 6Jd, EB 4Jd.