TURNOVER OF WOOL.

Manawatu Standard, Volume LIX, Issue 46, 23 January 1939, Page 5

TURNOVER OF WOOL.

SIX MONTHS SALES AND EXPORTS. INCREASES SHOWN. Sales of wool in New Zealand during the six months of the 1938-39 season to December 28 show an increase of nearly 10,000 bales on those for the corresponding period of the 1937-38 season, according to tiie returns compiled by Dalgety and Co., Ltd. The figures include the first six roster sales of each season. The offerings during the first six months of the current, season totalled 154,553 bales, as against 160,448 bales for the first half of the 1937-38 season, a decrease of 5890 bales, due to the lower limits at the six main sales imposed by the New Zealand Wool Committee. The actual sales for the six months to December 28 totalled 148,190 bales, as against 138,214 bales for tile corresponding period of last season, an increase of 9976 bales.

Details of I tie offerings and sales of wool in the various centres for the first half of this arid last season are shown in the following comparative table;— Six months to December 28. -

154.558 148.190 160,448 138.214 The offerings of wool bust month, which included the sales at Napier, 'Wellington. Christchurch, Timaru. and Dunedin, totalled 112.389 bales, of which 109,155 bales were sold.

Shipments of wool lasi month were heavy, lofalling 85,550 bales, of which 79.145 bales were greasy wool and 6405 bales stipe.

Exports of wool during the six months of the current season to December 28 totalled 182,112 bales, compared with 138.832 bales for the corresponding period of last season, an increase of 43.280 bales.

Details of the six months’ exports of wool are shown in t lie following comparative table:—

Total 182,112 138,832 THE LONDON SALES. PRICER IRREGULAR, The Dank of New Zealand. Produce Department. has received the following advice from its London office under date January 20:— .....

The wool sales continue with widening competition and good demand for medium and coarse crossbred, but with prices somewhat irregular. Merino prices nominal. Current quotations for wools of average condition :—-

ANTWERP WOOL FUTURES. LONDON, Jan. 21,

The Antwerp wool futures market is quiet. To-day's quotations compare with those cabled previously as follows: — 10 17 21

Offered. Sold. Offered . Sold. Bales. Bales. J kilos. Bales. Dunedin .... ... 26.247 24,902 26,445 25,705 Tiinaru ... 18,654 17,495 16,978 16,144 Cliristehurch . 26.206 25.425 27,233 16,244 jilnnlicim ... 45 32 33 33 Wellingion ... 27.198 25,884 24,987 22,846 Wanganui .. ... 2.129 1,932 2.708 2,465 Napier ... 25.205 24,810 23,385 21,146 Gisborne ... ... 1,818 1,757 ■ 1,332 1.207 Auckland ... ... 27,056 25,955 37.347 22,424

Invercargill Six mos. 1938. bales. 14,054 to Dec. 28. 1937. bales. 6.529 Dunedin 6,432 7.115 Oamaru 1,938 2,282 Timarn 8.019 6.526 Christclnirch 16.928 13.771 Blenheim 2.653 182 Xolson 169 501 Wellington 38.574 ■ 33.649 Wanganui 5.261 5,981 New rlvmoufh-Waitara 370 394 Napier-WaiUokopu 35,883 22,299 Gishorno-Tokomaru 13. 18.869 15,851 Auckland-Opita 32,962 23,752

Merino — cl cl Super. 60-64's 13 to 14 Ordn inarv, 60-64’.s 10i to lii Inferior, 60-64's 8 to 81. J lalfbreds — 56-58's 11 to in 56's 103 to lii 50-56’s 10-i to 103 Crossbreds — 50’s 10J to 10A 48-50's 10 to 10i 46-48’s 93 to 10J 44-46’s 93 to lui 40-44's 93 to iui 36-40's 93 to 10-i

d d d February 22' 2 221 22 Mav 221 221 22; July 23a 23 221