DOMINION WOOL SALES

Manawatu Standard, Volume LIV, Issue 289, 3 November 1934, Page 12

DOMINION WOOL SALES

ALLOCATIONS FOR SEASON. Per Press Association. WELLINGTON, Nov. 2. Tlie New Zealand Wool Committee comprising representatives ,of the producers, the wool brokers and the woolbuyers held a meeting to-day for the purpose of exercising its function in regulating the offerings of wool at the various sales to be held throughout the Dominion during the coming season. The maximum aggregate quantities of wool which may be offered at the sales were fixed as follow, and the committee was strongly of the opinion that it would not consider increases in these limits except under very special circumstances : Auckland.—2s,ooo bales, November 27. , „ Napier.—2s,ooo bales, December 3. Wellington.—2s,ooo bales, December 8. Christchurch. —25,000 bales, December 13. Timaru. —20,000 bales, December 17. Dunedin.—2s.ooo bales, December 21. Wellington.—2B,ooo bales, January 7. Napier.—2B,ooo bales, January -12. Wanganui.—2B,ooo bales, January 17. Auckland.—2s,ooo bales, January 22. Christchurch.—2s,ooo bales, January 28. Invercargill.—2s,ooo bales, February 1. Dunedin.—2s,ooo bales, February 6. Wellington.—2B,ooo bales, February 13. Napier.—26,ooo bales, February 18. Wanganui.—2B,ooo bales, February 22. Christchurch. —25,000 bales, March 1. Invercargill.—No limit, March. 4. Dunedin. —25,000 bales, March 9. Tima.ru.—No limit. March 13. Wellington.—2s,ooo bales, March 20. Napier..—-No limit, March 13. Auckland. —No limit, March 29. Wanganui.—No limit,. April 1. Christchurch. —No limit, April o. Dunedin.- —No limit, April 8. Wellington.—No limit, April 13.

FIRST AUCKLAND SALE.

OPINIONS OF BROKERS

AUCKLAND, Nov. 2. The first wool sale of the season will be held in Auckland on November 27, and all over the province shearers are working at full pressure. There has been good shearing weather this year, with several long spells without rain. Brokers are of opinion that it is too early to form an opinion as to the general quality of the wool likely to be offered, but what lias come forward already lias been well up .to standard. Although there is confidence in the industry as to tlic prospects for tli*e coming season, brokers prefer to be non-committal in estimating the . demand. Much depends on the activities of German and Japanese buyers. In some quarters it is believed that Japan will be seeking coarser wools, having been a big buyer of the finer counts last season. Germany is buying to a limited extent elsewhere, and it is hoped that her buyers will be present for the early sales. The limit of the catalogue for the first Auckland auction has not yet been announced, but it is thought it will be about 25,000 bales, a figure that, with the absence of the large carry-over of last season, is not likely to be exceeded.